Picture courtesy of Paul Doyle 

On the 27th July on a statement on it’s website OLT Express Poland  (http://www.oltexpress.com/) announced it couldn’t get past recent difficulties to find a strategic investor. The airline employed 800 staff carrying 320,000 passengers with a fleet of 15 Airbus A320 Family & ATR42/72 Aircraft since it launched operations capturing 76% of the Polish domestic market (OLT Express 27th July).

OLT Express has been in operation since 2001 under the Jet Air brand name and evolved into three business units OLT Germany, OLT Express, OLT Express Regional following the intergation of Cirrus Airlines, Jet Air and Yes Airways (Centre for Pacific Aviation). It’s German subsidiary OLT Germany
OLT Germany has been acquired by Dutch aviation investor Panta Holdings whom also own Denim Air.

In April 2012 the airline entered the Polish scheduled market launching 10 domestic routes from it’s Warsaw Chopin base and announced plans to launch 50  new international routes from mutiple hubs Bydgoszcz, Gdansk, Lodz and Rzeszów (Airline Route April).

On the 25th April the airline announced plans to establish it’s fifth base in Bydgoszcz starting 29th October including a new route to Cork operating twice weekly (Airline Route 25th April).

SP-IAA    Airbus A320-214 c/n 533 OLT Express Poland   YAP715P arr 0155 31/07/12 parked on Runway 11/29.

SP-IAB    Airbus A320-214 c/n 566 OLT Express Poland   YAP990P arr 0216 31/07/12 parked on Runway 11/29.

SP-IAC    Airbus A320-214 c/n 973  OLT Express Poland   YAP232P arr 1523 31/07/12 parked on Runway 11/29 Re-Registered EI-EYH 10/08/12.

SP-IAE Airbus A320-214 c/n 1454  OLT Express Poland   YAP555P arr 0555 01/08/12  parked outside Hangar 4 Re-Registered EI-EPX 09/08/12

Irish Aviation Research Institute © 9th August 2012 All Rights Reserved.