In an unusual move, Air Belgium said Monday it will cease to exist as a passenger airline because of difficult market conditions and switch to become a contract carrier for airlines that need cargo or passenger airlift.
The board of directors moved to discontinue the company’s own passenger business, effective Oct. 3, to focus on the business-to-business market offering packaged leases that bundle an aircraft with transport service.
Air Belgium said its financial position has been severely...
https://www.freightwaves.com/news/air-belgium-abandons-direct-passenger-service-to-focus-on-cargo