OLT
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20th Jul 2012, 08:54
Airbus_a321
OLT started from 0 a/c in April 2011 to 11 Airbus up to date, acc airfleets.net, + 2 ATR = 13 aircraft.
All this expansion during a global economical downturn and in a market with very tough competition and really low charter rates....on top: not the "creme de la creme" management in this aircraft operating company (intentionally I do not say "airline")...........
For me it smells like in a very big laundry
Good luck for all the employees involved.
Airbus_a321
OLT started from 0 a/c in April 2011 to 11 Airbus up to date, acc airfleets.net, + 2 ATR = 13 aircraft.
All this expansion during a global economical downturn and in a market with very tough competition and really low charter rates....on top: not the "creme de la creme" management in this aircraft operating company (intentionally I do not say "airline")...........
For me it smells like in a very big laundry
Good luck for all the employees involved.
@aussie
Thats because everything is still functioning normally, some have just jumped the gun.... it is a rumour network after all...
18th Jul 2012, 22:27
Aussie
All going well for now. Stories of the likes that you mention have been around since day 1 of OLT Expres... Nothing new
Aussie
All going well for now. Stories of the likes that you mention have been around since day 1 of OLT Expres... Nothing new
1. Airbus A319 -111 2460 SP-IBC OLT Express Poland ferried 31jul12 WAW-SEN on return to lessor (+ 3865 SP-IBA WAW-PAD) ex G-EZIG
2. Airbus A320 -214 533 SP-IAA OLT Express Poland ferried 31jul12 POZ-DUB on return to lessor (+566 SP-IAB WAW-DUB, + 973 SP-IAC AMS-DUB) ex EI-DDL
3. Airbus A320 -214 1454 SP-IAE OLT Express Poland ferried 31jul12 WAW-OSR on return to lessor (+ 2712 SP-IAF) ex EI-EPX
4. Airbus A320 -214 2142 SP-IAD OLT Express Poland ferried 31jul12 AMS-MLA on return to Air Malta ex 9H-AEF
5. Airbus A320 -214 2619 SP-IAH OLT Express Poland ferried 31jul12 WAW-PAD on return to lessor ex D-ABDB
6. Airbus A320 -214 2668 SP-IAG OLT Express Poland ferried 31jul12 WRO-VIE on return to lessor ( + 5115 SP-IAI KTW-VIE) ex OE-LEO
In total 11 aircrafts. Surprised ?
Not me - see above. This scenario waits to happen.
Thats because everything is still functioning normally, some have just jumped the gun.... it is a rumour network after all...
Welcome to the real world world in aviation. The bubble has burst. Not really surprising for me.
Last edited by Airbus_a321; 31st Jul 2012 at 09:28.
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LOT and EuroLOT must be breathing a sigh of relief... They don't need to do a market study now; just to go over OLT Express' load factors route by route and add the best-performing ones to their own (expanding) network!
Cheers
Cheers
Last edited by FougaMagister; 31st Jul 2012 at 12:59.
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Of course, LOT is in need of a cash injection - or takeover (best would be by Lufthansa)...
That said, why would LOT go bust just because EK added DXB-WAW to their network? The only long-haul LOT route that could be impacted would be WAW-PEK, where some PAX may decide to fly to Beijing via Dubai (although the trip is much longer). Can't see US or Canada-bound passengers prefering to go there via Dubai than direct from WAW... The rest of LOT's network is short-haul within Europe - not really something where EK can compete.
Cheers
That said, why would LOT go bust just because EK added DXB-WAW to their network? The only long-haul LOT route that could be impacted would be WAW-PEK, where some PAX may decide to fly to Beijing via Dubai (although the trip is much longer). Can't see US or Canada-bound passengers prefering to go there via Dubai than direct from WAW... The rest of LOT's network is short-haul within Europe - not really something where EK can compete.
Cheers
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So OLT have completely closed shop.
Can't say it is surprising given all the reports/articles/analysis that have been floating around for the past month or so..
LOT for sure can breath easier and raise prices on certain routes to where they are at least breaking even, rather then losing money to compete with ridiculously low OLT prices.
Can't say it is surprising given all the reports/articles/analysis that have been floating around for the past month or so..
LOT for sure can breath easier and raise prices on certain routes to where they are at least breaking even, rather then losing money to compete with ridiculously low OLT prices.
Last edited by B767PL; 31st Jul 2012 at 15:06.
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OLT Express Airbus operation is still running. CAA Audit passed couple days ago, AOC still active. No bankrupcy delacred yet and employees have not been fired. Yeah there is no aircraft at the moment, but watch for a rebirth with a rebrand.
Cheers.
Cheers.
