OLT Express Germany (OL, Bremen Neuenland (BRE)) has ceased

[Valdemar]

http://www.ch-aviation.ch/portal/news/1 ... operations


OLT Express Germany ceases operations

27JAN2013


OLT Express Germany (OL, Bremen Neuenland (BRE)) has ceased operations in the evening of Sunday, January 27 after talks with its Dutch owner Panta Holdings about a reorganization plan failed. In December 2012, OLT Express Germany had already announced major cuts to its network and fleet as part of its first reorganization. OLT had operated a fleet of 10 Fokker 100s, 3 Saab 2000s and 1 Saab 340A with an average age of 19.2 years on regional routes from Bremen, Dresden (DRS), Karlsruhe/Baden-Baden (FKB), Münster/Osnabrück International (FMO) and Saarbrücken Ensheim (SCN). It had also operated two of its Fokker 100s on a wet-lease agreement for Swiss (LX, Zurich Kloten (ZRH)).