Aero Lloyd
Aero Lloyd was a German airline based in Oberursel (Taunus ), and based on the Frankfurt am Main airport.
History
1980s
1979 Aero Lloyd was established by three investors, including Christian Baron von Kaltenborn - Stachau as a charter airline based in Frankfurt am Main. In June 1980 Aero Lloyd was given permission to be allowed to perform scheduled flights. In November of the same year the company was nearly insolvent. After November 15, the main shareholder had been found murdered in Weyern, presented the airline a flight operations on 2 December 1980. Already on December 20, joined the Company, until 1982 under the leadership of Christian Baron von Kaltenborn - Stachau and the new company "Aero Lloyd Flight Travel GmbH & Co. KG aviation ", back in the market. In February 1990, the seat was moved to Frankfurt Oberursel im Taunus.
Part of the fleet were initially three Sud Aviation Caravelle 10R for each 99 passengers in the first quarter of 1982 extended the liquor by three slightly larger Douglas DC -9- 32 to 119 seats. From April 1986 McDonnell Douglas MD -83 came with 167 seats, and from March 1988 a total of four MD -87 with 137 seats used. For this type existed in the next few years the majority of the Aero - Lloyd fleet.
On July 25, 1988 Aero Lloyd announced that it " received approval for German domestic scheduled flights " had taken 31 October of the same year. Due to the poor utilization of only 16 % referred to the time the machine as a "ghost planes " as the reason for the failure was the behavior of Lufthansa, the low frequencies as well as " amateurish advertising policy " called.
1990s
1991 Aero Lloyd planning to enter the long-distance business, ordered for two McDonnell Douglas MD -11 and drew options for two additional copies. The aircraft were never accepted as Aero Lloyd decided in 1996 to radically change the fleet. It was with an order of 16 aircraft of the Airbus A320 family of Airbus customer after the U.S. aircraft manufacturer McDonnell Douglas, from its aircraft fleet consisted so far, had been taken over by the rival Boeing.
In 1998, Bayerische Landesbank, with 66 per cent majority stake in the company with the intention to resell it to a strategic buyer. Bayerische Landesbank was also the largest lender.
Insolvency
On 16 October 2003 Aero Lloyd filed with the competent Amtsgericht Bad Homburg vd height for bankruptcy and put the flight operations with immediate effect. The opening of insolvency proceedings had become necessary after the Bayerische Landesbank had rejected the submitted restructuring plan. About 300 of the 1,400 employees were transferred to the newly established successor company Aero Flight.
Since 2012
Aero Lloyd brand is used for an online travel platform since 2012.
Objectives
Although the airline from 1980 also was allowed to perform scheduled flights, the focus was on charter flights. This Aero Lloyd flew primarily the classic holiday destinations in the Mediterranean, particularly Greece, Spain, Egypt and Turkey.
Fleet
Before setting operation, the fleet of Aero Lloyd was with as of October 2003 22 aircraft:
Aero Lloyd Austria
Aero Lloyd Austria Luftfahrt GmbH was founded in early 2003 by Aero Lloyd ( with a stake of 48.75 %) and private investors ( 51.25% Michael Wolkenstein / Satel film producer) founded and received on 29 April 2003 an Austrian aviation license.
Since Aero Lloyd only held a minority interest, Aero Lloyd Austria was not affected by the insolvency of German society. Flight operations had but still be set, since all aircraft of Aero Lloyd Germany were rented.
In November 2003, then took over Niki Lauda a majority stake in Aero Lloyd Austria ( total he took 78 %, including the shares of Michael Wolkenstein ) to a new low cost airline set up, then with two former Aero Lloyd Airbus on November 28, 2003 performed its first flight on Thomas Cook to Tenerife and today (2011) under NIKI Luftfahrt GmbH operates.