Skip to content

New Airline Air Belgium's Ticket Sales Take Off Today

April 03, 2018
4 min read
airplane-gallery-05
New Airline Air Belgium's Ticket Sales Take Off Today
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

Brand-new airline Air Belgium begins selling advance tickets today for an inaugural service route between Brussels South Charleroi Airport (CRL) and Hong Kong (HKG) four times a week. Inaugural commercial flights are set to launch on April 30.

Brand-new Air Belgium's website is still ironing out its technical difficulties, per the fine print at the bottom of the page.

The Belgium-based carrier received its air operator's license (AOC) in March and expects to add flights to six other destinations within mainland China by May, according to Air Belgium CEO Niky Terzakis, former CEO of cargo airline TNT Airways. Terzakis estimated that 60-70% of the airline's revenue would come from China, and that Air Belgium expects around 500,000 passengers starting out. The airline will provide jobs for around 600 people: 360 full-time equivalent at Air Belgium, and 240 at Brussels South Charleroi Airport (CRL).

The choice of routes is significant: Air Belgium is 49.995% owned by a company called Aviation Investment Holding NV., which is owned by Hong Kong-based entities Pioneer Topworld Ltd and Sky Master Holdings Ltd. Aviation Investment Holding will be represented on the Air Belgium board by directors Peter Yip, Alexey Sumchenko and Mikko Rautio, according to the airline. China's largest travel agency, UTour, has also backed the new Belgian airline. Adding an airline affiliation to its core travel activities is expected to be a trend in the Chinese travel agency industry moving forward, according to Air Transport World.

But under European Union requirements, Air Belgium is majority Belgian-owned in order to operate under Belgium air traffic rights, with the following additional shareholders comprising a combined 50.005% ownership stake:

  • 3T Management & Associates BVBA with 19.993%;
  • Regional government investor Societe Regionale d'Investissement de Wallonie NV with 12.501%;
  • National government investor Federale Participatie- en Investeringsmaatschappij NV with 12.501%;
  • Sabena Aerospace NV with 5.01%

Air Belgium plans to fly a fleet of four A340-300 aircraft, and the airline has already received two of the A340s from Airbus. The first plane, OO-ABA, is an 11-year-old aircraft that was originally delivered to Finnair, according to AirlineGeeks, and received Air Belgium livery at Brussels International Airport (BRU) before being transported to Brussels South Charleroi Airport (CRL). The second craft, OO-ABB, is also a former Finnair-owned A340 before being stored in 2016, after the airline began retiring its A340 fleet in favor of the A350-900.

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

AirlineGeeks also reports that "The A340s will fly with 303 total seats in three different cabins: Business class will include 18 seats similar to those found onboard American Airlines and Delta Air Lines' 767 fleet, featuring power outlets, and a bed length of 79 inches. The premium economy cabin will see seven seats per row for a total of 21 seats with 36 inches of legroom and 18 degrees of recline, double the amount offered in economy. The remaining 264 economy seats of the aircraft will be in a standard 2-4-2 configuration, each offering 31 inches of legroom. All seats will offer inflight entertainment, though economy seats will not have power ports."

Brussels South Charleroi Airport (CRL) is located about 34 miles outside the city center of Brussels and is popular amongst European budget carriers due to its lower operating costs: Air Belgium will only pay €3 per passenger operating out of Brussels South, in contrast to €28 per passenger out of Brussels International Airport (BRU).

All images courtesy of Air Belgium.

TPG featured card

4 / 5
Go to review
Rewards rate
1XChoose to earn up to 1X points on rent and mortgage payments with no transaction fee
2XEarn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases
Intro offer
Open Intro bonus
50,000 Bilt Points + Gold Status + $300 of Bilt Cash
Annual fee
$495
Regular APR
26.74 - 34.74% variable
Recommended credit
Open Credit score description
Good Credit, Excellent Credit

Pros

  • Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
  • Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
  • $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
  • $200 Bilt Cash annually
  • Priority Pass membership
  • No foreign transaction fees

Cons

  • Moderate annual fee
  • Designed primarily for members seeking a premium, all-in-one card
  • Earn points on housing with no transaction fee
  • Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
  • 2X points on everyday spend
  • $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
  • $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
  • Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
  • Priority Pass ($469/year value). See Guide to Benefits.
  • Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.