VLM, A European Airline
VLM (which stands for "Vlaamse Luchttransport Maatschappij",or "Flamish Airtransport Corporation" in English) is a relatively young airline serving the most important business centres like London, Manchester, Brussels, Luxembourg and Antwerp from small regional airports.
Founded in 1992 in Belgium, their idea is to utilize the infrastructure of small airports to speed up check-in (you only have to arrive 20 minutes before take-off), turn around time and the relatively low airport taxes to allow frequent flyers to get where they want to quickly without the necessity of spending 3 hours to park the car, queing at check in and choke in a smoke filled terminal together with millions of package - tourists on their way to Mallorca.
The preferred airplane of VLM is the good old Fokker 50 which gets the passenger in relatively uncramped conditions from A to B. Their punctuality and safetyrecords are impressive and the fares reasonable. They currently fly about 300.000 passengers per year around Europe's skies.
http://www.vlm-airlines.com/
Update 1/2004:
VLM has unfortunately ditched their Moenchengladbach flight to London City Airport, leaving the Rhine/Ruhr area without direct access to this convenient destination, instead flying to Hamburg.