OLT Express Germany
|Founded||1958 (as Ostfriesische Lufttaxi)|
|Ceased operations||30 January 2013|
|Parent company||Panta Holdings|
|Key people||Prof. Dr. Joachim Klein (CEO)|
OLT Express Germany (formerly OLT Ostfriesische Lufttransport GmbH or OLT) was an airline based in Bremen in Germany. The company moved to Bremen from Emden in February 2012. It operated regional scheduled and charter flights linking northern Germany to other parts of the country and Bremen to other European destinations. Its main base was Bremen Airport.
Founding and first years
OLT was founded on 1 November 1958 by Martin Dekker and Jan Janssen as Ostfriesische Lufttaxi - Dekker und Janssen OHG, initially operating air taxi flights to islands in the North Sea from Emden. The first aircraft was a KZ VII from Skandinavisk Aero Industri A/S in Copenhagen. In 1961 the airline hired its first own staff: a pilot and a ´groundstewardess´.
OLT had 1968 five aircraft and operated 13,174 flights. After Janssen's death the company AGIV (Aktiengesellschaft für Verkehrswesen) and the shipping company Reederei Visser & van Doornums became 1970 new shareholders and the airlines was renamed into Ostfriesische Lufttaxi GmbH. A schedule service from Emden to Bremen and Hamburg was introduced then. Soon later AGIV became the single shareholder of OLT and positioned the new CEO Christian Ulrich Baron von Kaltenborn-Stachau.
39 Years of operation as OLT - Ostfriesische Lufttransport
In 1972 the airlines was renamed again, now into Ostfriesische Lufttransport GmbH (OLT) and Kaltenborn-Stachau took over 26%. Several new schedule services were introduced like from Kassel, Düsseldorf to Cologne/Bonn in 1973 and Hanover, Saarbrücken, Stuttgart, Münster/Osnabrück and Frankfurt in 1974. For the regional airlines business strategy the company DLT (Deutsche Lufttransport-Gesellschaft mbH) was created and OLT was renamed into DLT Luftverkehrsgesellschaft. But soon later AGIV decided to split the Emden (OLT) operation away from DLT. This unit (Emden operation) was sold then to AG EMS and OLT restart its old core activities under its own name. To ensure a flexible operation, especially in the charter sector, OLT organised 1976 a joint platform called OFD with the participating airlines OLT, FLN and Dollart GmbH.
At the beginning 1990s, with the fall of the Berlin Wall, the airlines faced an increase of their business activities. OLT started operations in the former East German provinces and 1990 took over Roland Air from Bremen. In 1991 OLT set up a base in Bremen and started with its scheduled services there. In 1996 all OFD activities were integrated into OLT and therefore under the control of AG EMS.
OLT is one of very few airlines that has succeeded in driving a low-cost rival off a route. In December 2005, easyJet started daily flights between Bristol and its base in Hamburg. OLT was operating twice-daily weekday-only services. The route being a predominantly business route, frequency won out over price and easyJet cancelled the route at the end of October 2006.
Restructuring to OLT Express Germany
OLT announced on 4 August 2011 to undergo a major restructure after losing its shuttle flights contract with Airbus Industries. Effective October 2011 all Fokker and Saab aircraft operations would stop and 100 of its 120 employees are under notice to leave. Therefore only the ´islands hopping´ services from Emden to Heligoland and Borkum with small aircraft would have remained.
In August 2011, OLT was bought by Polish building society Amber Gold, which also bought Polish regional carrier Jet Air and the Polish charter airline Yes Airways. These two Polish companies have then been combined under the brand OLT Express while OLT became OLT Express Germany. The island flights have been given to the new independent company OFD Ostfriesischer-Flug-Dienst.
OLT Express Germany purchased Contact Air in July 2012, with clearance for the deal took place in September 2012. It also incorporated their wet-lease contract and from then on operated two aircraft on behalf of Swiss International Air Lines.
The same week as the Contact Air purchase Amber Gold was reported to be experiencing financial difficulty and funding for the deal was in question. On July 27, the Polish OLT Express suspended all services without notice.
In August 2012 Dutch company Panta Holdings announced it was buying OLT Germany from Amber Gold and also finalised the purchase of Contact Air. Panta also owns Denim Air and Maas Air Leasing. Both subsidiaries own Fokker aircraft and Maas leased out two Fokker 100 to Contact Air.
In December 2012 it has been announced that the wet-lease contract with Swiss International Air Lines will not be renewed and therefore should have ended in March 2013.
Operated as OLT Express Germany
- United Kingdom
Operated for Swiss International Air Lines
||D-AOLB solded to Darwin Airline to registered HB-IYI|
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Media related to OLT at Wikimedia Commons