[citation needed] On 24 December 2007, Air France-KLM agreed to buy the company from Panta Holdings.

[citation needed] Air France-KLM announced on 28 May 2009 that VLM Airlines would gradually start to operate under the brand name CityJet.

[5] VLM used to promote itself as Europe's leading "business airline" and tried to reflect this in its pursuit of superior service.

However, the airline did continue to distribute boiled sweets to its passengers before take-off, and Belgian chocolates mid-flight.

[7] In the same month the airline signed a contract to lease two Sukhoi Superjet 100s, with options for 12 more, as a possible replacement for the Fokker 50s, to be delivered from April 2015.

[9] In March 2015, it was announced that VLM would take over two routes from Waterford Airport, Ireland to the UK which were previously served by Stobart Air and Flybe.

In June 2015, VLM announced it would discontinue all operations to and from their new base at Liège Airport (to Avignon, Nice and Venice) after only six weeks of service, due to low demand.

[10] In December 2015, VLM Airlines announced it would base three aircraft at Friedrichshafen Airport in Germany by February 2016 to take over the domestic routes to Berlin, Düsseldorf and Hamburg previously provided by bankrupt regional carrier InterSky.

[11] On 13 May 2016, VLM Airlines filed for bankruptcy protection at a court in Antwerp after accumulating €6 million of debt.

[14] After the bankruptcy protection was announced, several pilots left the airline due to a restructuring plan which focused on cost reduction and maximizing revenue.

[citation needed] On 24 April 2018, VLM announced routes from Manchester to Antwerp and Ostend-Bruges to be launched on 1 October 2018.

On 6 August 2018, VLM Airlines announced the termination of all scheduled routes except two (the remaining destinations being London and Zurich) at Antwerp International Airport in the coming weeks to focus on charter operations.

[26][27] In the same time, VLM announced the retirement of their Fokker 50 fleet while a new aircraft was to be acquired for charter operations.