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Breaking NEWS: VG Airlines Takes Over Air Holland  
User currently offlineAir Orange From , joined Dec 1969, posts, RR:
Posted (12 years 2 months 1 week 4 days 12 hours ago) and read 3357 times:

Read the news via http://www.justplanes.com

Wednesday May 22nd 2002 - 0100 GMT

VG AIRLINES is in the process of finalizing the purchase of a substantial interest in Dutch charter carrier AIR HOLLAND. Details are supposed to be finalized overnight and should be announced at a press conference upon VG's inaugural arrival at New York JFK this coming Thursday.

65 replies: All unread, showing first 25:
 
User currently offlineSAS23 From , joined Dec 1969, posts, RR:
Reply 1, posted (12 years 2 months 1 week 4 days 12 hours ago) and read 3293 times:

First off, "substantial interest" does not mean "taking over". Next, 51% of Air Holland must remain in Dutch hands if it wants to fly outside the EU. And third, Air Holland is financially in a very precarious position at present (and don't forget it's already gone bust ... twice!) - why on earth would VG, who haven't even started their own services yet, want to get into that particular can of worms?

It's starting to sound a bit like SAir Group to me - and we all know what happened to them!  Nuts


User currently offlineEx_SQer From United States of America, joined Apr 2002, 1435 posts, RR: 5
Reply 2, posted (12 years 2 months 1 week 4 days 11 hours ago) and read 3284 times:

A brand new airline taking an large stake in an airline that isn't in a strong financial position... sounds like a bad idea

User currently offlineILOVEA340 From United States of America, joined Oct 1999, 2100 posts, RR: 4
Reply 3, posted (12 years 2 months 1 week 4 days 11 hours ago) and read 3262 times:

why does this remind me so much of my favorite swiss airline about 5 years ago  Sad

User currently offlineTwaneedsnohelp From , joined Dec 1969, posts, RR:
Reply 4, posted (12 years 2 months 1 week 4 days 10 hours ago) and read 3241 times:

This is simply Freddy Van Gaever taking some control over an airline he started. I'm sure all he wants to do is more closely allign VG and Holland to feed passengers to one another and cooperate on charter.

tnnh


User currently offline1stspotter From Netherlands, joined Jun 1999, 518 posts, RR: 1
Reply 5, posted (12 years 2 months 1 week 4 days 9 hours ago) and read 3185 times:

Interesting news, and curious to why VG Airlines takes over an interest in Air Holland. Both airlines are active in a different market and I do not see that Air Holland will become a feeder for VG Airlines, as Air Holland main activity is flying holiday seekers to the sun.

Marcel


User currently offlineFlying_Tuur From Belgium, joined Aug 2001, 28 posts, RR: 0
Reply 6, posted (12 years 2 months 1 week 4 days 8 hours ago) and read 3169 times:

SAS23: *** Next, 51% of Air Holland must remain in Dutch hands if it wants to fly outside the EU. ***

I don't think this is true... 51% of Air Holland has to remain in hands of a European company (member of the EU ofcourse)... As for the EU, they really don't care if it's Dutch or Belgian, as long as it is European.

I wonder if they really bring in capital for shares, or "just" the aircraft they used last weeks as a wet lease for Air Holland ?


User currently offline1stspotter From Netherlands, joined Jun 1999, 518 posts, RR: 1
Reply 7, posted (12 years 2 months 1 week 4 days 8 hours ago) and read 3157 times:

Maybe it is just a way to get the VG Airlines aircraft in the air. First there was that strange deal with Armenian Airlines where VG Airlines flies Yerevan-Brussels-Los Angeles and Armenian Airlines buys seats on this flights, and now the Air Holland deal.


Hope to see an Airbus A330 in the new Air Holland livery soon


Marcel


User currently offlineTwaneedsnohelp From , joined Dec 1969, posts, RR:
Reply 8, posted (12 years 2 months 1 week 4 days 8 hours ago) and read 3129 times:

Hope to see an Airbus A330 in the new Air Holland livery soon




i don't! VG much nicer.

I do not see that Air Holland will become a feeder for VG Airlines, as Air Holland main activity is flying holiday seekers to the sun.

of coruse. obviously if a deal is done, air holland would likely be repositioned so it complemented vg more effectively.

Neil, your beat again! Flyin_Tuur is absolutely right. Matters not belgian, dutch, or danish, just eu. i know this and i'm not even eu!

ewww  Laugh out loud

russ



User currently offlineApuneger From Belgium, joined Sep 2000, 3032 posts, RR: 12
Reply 9, posted (12 years 2 months 1 week 4 days 7 hours ago) and read 3122 times:

Well,that is indeed interesting news. Guess we'll have to wait for an official statement or so.

Ivan



Ivan Coninx - Brussels Aviation Photography
User currently offlineSabena 690 From , joined Dec 1969, posts, RR:
Reply 10, posted (12 years 2 months 1 week 4 days 6 hours ago) and read 3077 times:

Yes, like Apuneger says, is this already confirmed by someone?

Rgds
Frederic


User currently offlineAir Orange From , joined Dec 1969, posts, RR:
Reply 11, posted (12 years 2 months 1 week 4 days 6 hours ago) and read 3065 times:

Contracts has been signed last night. I think VG and Air holland are making up now an official press release.

User currently offlineSAS23 From , joined Dec 1969, posts, RR:
Reply 12, posted (12 years 2 months 1 week 4 days 2 hours ago) and read 2972 times:

Sory, flying_tuur and TNNH ... but you're both wrong.  Laugh out loud 51% EU ownership is fine as long as you want to operate solely within the EU - but the moment you want to fly outside it then bilaterals come into effect, which invariably state that an airline must be owned and controlled by nationals of the country of registry.

These are EU rules, not member country ones. This can be confirmed by looking at the CAA's website here: http://www.caa.co.uk/cpg/airline_licensing/airline_regs/default.asp?page=749

I look forward to your apologies!  Big grin


User currently offlineLj From Netherlands, joined Nov 1999, 4403 posts, RR: 0
Reply 13, posted (12 years 2 months 1 week 4 days 2 hours ago) and read 2965 times:

What's the problem? Just register Air Holland in belgium and you don't have any problem.

User currently offlineSAS23 From , joined Dec 1969, posts, RR:
Reply 14, posted (12 years 2 months 1 week 4 days 2 hours ago) and read 2945 times:

Laurens - then what's the point of doing that as they already have VG registered as a Belgian airline?

User currently offlineLj From Netherlands, joined Nov 1999, 4403 posts, RR: 0
Reply 15, posted (12 years 2 months 1 week 4 days 2 hours ago) and read 2944 times:

Just read that officially Tony Gram (owner of VG airlines) will buy Air Holland. If he's smart he'll use a Dutch vehicle to buy Air Holland and thus doesn't have the ownership problems.

User currently offlineApuneger From Belgium, joined Sep 2000, 3032 posts, RR: 12
Reply 16, posted (12 years 2 months 1 week 4 days 1 hour ago) and read 2913 times:

I can already see it:

VG Airlines + Air Holland + Sobelair

Ivan



Ivan Coninx - Brussels Aviation Photography
User currently offlineSAS23 From , joined Dec 1969, posts, RR:
Reply 17, posted (12 years 2 months 1 week 4 days 1 hour ago) and read 2899 times:

Apuneger - I hope not as there you have one airline that hasn't really started scheduled operations yet (but keeps on announcing that it will be ordering additional aircraft ... for routes it hasn't started!) and two airlines that are commercial nightmares.

I hope Tony Gram doesn't find out the hard way how true Richard Branson was when he said "I was once asked the question "how do you become a millionaire?" - the answer is be a billionaire and start an airline!"  Laugh out loud


User currently offlineSabena 690 From , joined Dec 1969, posts, RR:
Reply 18, posted (12 years 2 months 1 week 4 days ago) and read 2846 times:

I hope he does not take over SLR!!!!!

Again, this is just like Swissair: buying everything, and than go bankrupt.

Rgds
Frederic


User currently offlineOO-VEG From Netherlands, joined Oct 2000, 1081 posts, RR: 1
Reply 19, posted (12 years 2 months 1 week 4 days ago) and read 2818 times:

VG airlines was becomming a familiar face at Dutch airports. So it isn't veryy surprising to see them taking over Air Holland.

But what will happen to the Air Holland color scheme????


User currently offlineSAS23 From , joined Dec 1969, posts, RR:
Reply 20, posted (12 years 2 months 1 week 3 days 23 hours ago) and read 2801 times:

All that VG were doing was wetleasing their A330 - that's no reason to look at buying Air Holland!  Nuts

User currently offlineLj From Netherlands, joined Nov 1999, 4403 posts, RR: 0
Reply 21, posted (12 years 2 months 1 week 3 days 23 hours ago) and read 2794 times:

Wasn't Tony Gram also interested in Sabena Technics?

BTW isn't it strange that Air Orange has desined the livery for both airlines........... Is this a coincidence....

Regards
Laurens


User currently offlineEstablished02 From Belgium, joined Jan 2002, 536 posts, RR: 2
Reply 22, posted (12 years 2 months 1 week 3 days 23 hours ago) and read 2768 times:


Today you can find an interesting interview (in Dutch!) with Freddy Van Gaever in the Belgian newspaper "De Standaard". There are however no details about the Air Holland deal.

http://www.standaard.be/r.asp?ID=DST22052002_102&p=/nieuws/economie/

Regards,

Established02




User currently offlineAirDD From United States of America, joined Oct 2001, 375 posts, RR: 0
Reply 23, posted (12 years 2 months 1 week 3 days 23 hours ago) and read 2759 times:

Am I correct in assuming that Air Holland only has 2 757's

So it is a very small airline, smaller than VG  Smile

airDD



User currently offlineLj From Netherlands, joined Nov 1999, 4403 posts, RR: 0
Reply 24, posted (12 years 2 months 1 week 3 days 23 hours ago) and read 2753 times:

Well it's not an official press release but Freddy did say that Tony is buying a certain share of HLN

News story in Dutch:
http://nu.nl/document?n=56950
http://www.standaard.be/Nieuws/Economie/index.asp

Regards
Laurens


25 Lj : AirDD Air Holland has only 1 B757
26 Air Orange : YES I did design the VG and new Air holland livery recently and NO I was not aware and informed about this VG-move. I was astonished to read that news
27 Post contains images A320-Addict : He by the way guys, tomorrow is the first flight of VG to JFK no?? He Pressclub will you be able to provide us with a nice tripreport on this flight?
28 Sabena 690 : Here is the first VG Airlines flight of tomorrow to New York: IV 001 NEW YORK (JFK) 11:30 OOS Will it be the Delsey Jet? Rgds Frederic
29 Post contains images SN-A330 : Hi, The news about the takeover of Air Holland by Tony Gram should be on Belgian Business Television 'Kanaal Z' tonight. I'll have a look and see wha
30 Pressclub : Sorry, Airbus 320 Addict and co I can't make a tripreport for airliners.net or for my newspaper. Mr Van Gaever did not invite me or my newspaper for h
31 Post contains images SN-A330 : Keep us informed Pressclub ! Regards, SN-A330
32 Vfw614 : Pressclub, could you shed some light into why FVG blacklists people asking about his years at VLM ? What were the circumstances under which he left th
33 Slz396 : Did you hear the rumours about the reason why Tony Gram took over Air Holland? Well, VG Airlines and its 2 A330s did some charter flights for the almo
34 Jwenting : If that's the reason, it is as I expected. At the very least he'll be getting some routes, landing rights at several European airport (including the g
35 SAS23 : Slz396 - something similar happened with me many years ago, when a carrier I leased a DC8 to was unable to pay its bills because its CEO had run off w
36 Post contains images Flying Belgian : What Pressclub states doesn't astonish me AT ALL !!! This VG Airlines is itself very UNCLEAR !! My opinion is that the money is black money or money c
37 SAS23 : The reason the Belgian CAA took so long to give him his AOC and OL was because he did not comply with their requirements in terms of business plans an
38 Air Orange : Perhaps I'm blacklisted too because I was not invited for the inaugural flight despite the promise of mr. Freddy Van Gaever himself. Air Orange The de
39 SAS23 : Air Orange, I'm really surprised to hear that as there were apparently only 5 paying pax on board the flight - the remainder were guests of the airlin
40 Air Orange : Because now they have the livery design I suppose I'm not interesting anymore for VG Airlines, I do not know. Anyway I was very surprised too and I fe
41 Luchtzak : Hi everybody, Pressclub and Air_Orange are disappointed, I hope in a few months time they don 't disappoint the colleagues who are working with VG and
42 Pressclub : Hi luchtzak, I will not change my approach due to this. Thanks to the newswires i could gather some info about the flight. I just share it with you wi
43 Manni : On a positive note... I spotted the aircraft today at the tarmac in BRU, Sabena handling was loading the aircraft. All cargo positions were taken. Thi
44 SAS23 : Luchtzak - I suspect that VG will not see the end of the year, unfortunately. Manni - cargo rates on the North Atlantic are extremely depressed at the
45 Slz396 : indeed, cargo can be an interesting extra, but it should not be your primary source of income on a passenger airplane... certainly not on transatlanti
46 Pressclub : VG's flights to Boston delayed until june 20
47 Sabena 690 : They still don't have their slots for BOS??? They said they would get them this week! Rgds Frederic
48 Slz396 : They have said so much... they are nothing more than amateurs, not professionals, haven't you understood it by now?
49 Lj : Slz396, i don't think you can classify VG as a bunch of amateurs. If they were Tony Gram wouldn't buy them up. Someway I think that Tony Gram will suc
50 Slz396 : I think they are preparing to pull out of the scheduled market and move into the wet lease charter market. Besides, you better check the rumours about
51 AirDD : Sometimes, I get the feeling that Belgians like to critique any business initiative taken by their fellow country men; but then Belgium has the small
52 Lj : Slz396, I know how Tony got Air Holland. However, he owns the airline now and every day it flies the loss will grow. You don't invest to loose more mo
53 Sab12 : Slz396, any news for the codesharepartners?? Do you have a clue when it will be announced? I do agree with your opinion concerning VG, even with ceili
54 Manni : SAS23, The average rate for one KG of cargo on the VG flight to JFK is about 0.88€. Indeed not very much. However the containers and pallets on
55 Post contains images SAS23 : Manni - is the €0.88 gross or nett? Of course with no pax there's plenty of cargo space that would normally be occupied by baggage but remember you
56 Lj : Maybe slightly off topic but why on earth did VG give Air Holland any credit? One quick look on the Dutch spotterlist would reveal in which financial
57 Sabena 690 : BTW what's the status of the start up airline which would fly cargo with two MD-11s? Are they still planning to launch this airline or have they aband
58 Pressclub : Some answers: x The Cargo project is called 'united pilots project': they are still studying. Som epeople of the BEAP project are also involved in thi
59 Skippy777 : Thanks Air Orange breaking news for me as well.
60 Post contains images A320-Addict : Hello guys! Seems like VG-airlines is a very hot topic again these days..... The so-called take-over of Air-Holland by VG came as a real surprise to m
61 Post contains images A320-Addict : Does anybody have any news as well about their LAX plans?? Thx AA
62 Skippy777 : There is no information on the LAX flights yet. I was invited for the inaugural flight to Boston but received late Friday the news that the start to B
63 Sabenaboy : Pressclub, for once I have to disagree with you on one topic: EAT Having flown for them I can assure you that they are very much a cargo airline. Of c
64 Post contains images SAS23 : A320-addict: there's one similarity between both Air Holland and VG (well, tow if you take into consideration that Air Orange designed both companies'
65 Established02 : > the inaugural flight to Boston On the inaugural flight to JFK, Freddy Van Gaever was introduced (in front of a TV camera) to a representative of an
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