KLM subsidiary Transavia begins service to Stansted on May 26th.

I haven't heard this anywhere - but I just saw an advert for this service.

Here's the announcement off of the Transavia website:

Basiq Air to fly to London

London Stansted will be Transavia airlines' fourteenth Basiq Air destination. Flights to and from Stansted can be booked from Thursday 8 May onwards for an introductory fare that starts at 9.00 euro. The schedule of two return flights a day is due to commence on 26 May 2003.
London Stansted will be Transavia airlines' fourteenth Basiq Air destination. Flights to and from Stansted can be booked from Thursday 8 May onwards for an introductory fare that starts at 9.00 euro. The schedule of two return flights a day is due to commence on 26 May 2003.

Having already established a presence in France, Italy, Portugal and Spain, Basiq Air is now seeking to acquire a position in England, the country that originally introduced low-cost air travel in Europe. Gerard Helming, Executive Vice President Marketing & Sales: "From Schiphol there are more flights to London than anywhere else, and London Stansted has deliberately distinguished itself as the low-cost airport in London. When buzz stopped flying from Amsterdam to Stansted earlier this year there was no longer a direct connection between the two airports. This presented us with an opportunity that is consistent with our philosophy of continuing to expand our low-cost, low-fare network within Europe."

With its Basiq Air scheduled service to London Stansted Transavia airlines is intending to cater for leisure travellers as well as business passengers. "In the current economic climate business travellers are far more price-conscious when it comes to choosing a flight. As far as possible we have arranged our flight schedule so that it ties in with early morning and evening connections," says Gerard Helming. Besides, Transavia airlines is already well known in England having operated scheduled services between Amsterdam and London Gatwick from 1986 to 2000.

Basiq Air can also confirm that the Dutch are increasingly choosing to book flights via the internet: since the new website was introduced at the end January 90% of the bookings have been made via the internet. The website - www.basiqair.com - also contains links to hotels and car hire services and visitors can even take out travel insurance.