LTE gone under?
 

Have they? Heard from a good source that they've sadly become the latest victim.

Nothing on their website yet,

LTE International Airways - Home Page

Not posting this to wind up the old bastards on this site. I was thinking of booking with them that's all!

L Met

Fingers crossed....:(

I trained a couple of A320 pilots for LTE about 1 year ago... seamed like a really good company. Lets hope that they survive...

Unfortunately you are right.
They did not fly today as they had no credit for fuel and other supplies.

Yes they did, EC-JTA was in Norwich today.:=:=

In Norwich? That's OK then they must be fine;)

It might have been in Norwich but did it actually go anywhere?

According to Spain's newspaper El Mundo they have shut down.

Link in spanish

LTE se convierte en la segunda aerolínea española que suspende operaciones en un mes | elmundo.es

The title says:

LTE becomes the second airline to halt operations in one month.


Cheers :ugh:

It's true.

This story just appeared on El Mundo.

Apologies for the rough translation...

"LTE becomes the second Spanish airline that suspends operations in a month MADRID. -

Company LTE finishes suspending its operations, according to confirmed to this newspaper the Main directorate of Civil Aviation. Hardly two hours ago, the person in charge of the company telephoned to the Ministry of Public Works and the Economy to communicate the cease of his flights by financial reasons, according to confirmed sources near the company, that also noticed that the company has broken.

The company has sent also a message to the crew of its airplanes having alerted to them that " by problems bancarios" the operations will stop temporarily. This newspaper verified that no longer reserves through their page can be done Web.

Civil aviation required to LTE information on its economic situation 10 days ago. After facilitating that documentation, the company chose to suspend its activity. Sources of Promotion explained that the people in charge of Civil Aviation will tomorrow analyze the state of the company to make a decision on if they retire or they suspend the operation license to him. While east procedure lasts, LTE will continue having their license in force. LTE the Airways International is an airline of flights of low cost, with base in Palma de Mallorca, created in 1987.

It operates from Palm, the Canary Islands and Milan. It offers flights charter, planned rent of airplanes and flights. Airbus 320 with 180 places has a seven fleet of each. During great part of its trajectory alemaba LTU was ligature to the line, for which B757-200 operated flights through three. When one became independent from the Germans adopted the name To fly Airlines, that later became LTE. The past 8 of September, fell the first Spanish airline. Future it presented/displayed a contest of creditors, before whom Promotion asked for to the company a term of five days so that it contributed financial information on the company, a reorganization plan and another one of guarantee of security in its operations."

EDIT: And I'd have done it if it wasn't for that blasted fdgolf! Why I oughta...

Sky News now reporting that LTE have gone bust.

IMPORTANT NOTICE ABOUT SERVICES SUSPENSION

Lte International Airways S.A. wish to inform you that due to the financial situation of the company, that make it difficult to meet the operational expenses in the next days, we have had to suspend our charter and scheduled operations.

Lte is doing everything to minimize the impact of this suspension of services on its clients and providers. After 20 years operating with maximum dedication to our clients it just was not possible to avoid this situation given world events lately.

We apologize for the inconvenience this may cause to our passengers, clients and suppliers.

Lte International Airways S.A.


Website :sad:

Sympathies to the crews of LTE.

But sadly I think this is the beginning of the end for many carriers. End of October is traditionally conclusion of the Charter season.

Many will close the door and turn off the lights now. I also struggle to believe next year there will be much demand for IT holidays. Only the big players will survive,feeding off the weaker players without access to funding.

Another sad day....:(

Sad news for all concerned. Who is the Administrator?

The president of LTE is Michael Harrington.

regards from a LTE pilot :-(

Monarch to bring the pax all back again over the next few weeks...

Is that Michael Harrington ex Debonair in 2000 :confused:

Seems likely, doesn't it. And Debonair dragged AB Airlines down, or was it the other way round?

Strange how people who send airlines into bankruptcy through mismanagement always seem able to blag their way into losing someone else's money a bit later on......

Sympathies to all LTE crews from a former LTE driver. Bailed out in 95 after 7 years on the RHS but excellent SOPs and a training dept many should learn from.

"German Precision with Spanish Charm"... Forever BlueJet

WSA

I just hope that Titan Airways, who did a lot of sub charter work for LTE, were paid prior to them going under, they got LTE out of trouble when they couldn't get fuel at various locations on a number of occassions.
It goes without saying that I hope all the LTE crews find work very soon, the Directors can go and put their heads where the sun don't shine cos that's all they are capable of...:rolleyes: