Aero Lloyd

Last updated
Aero Lloyd
Aero Lloyd logo.svg
IATA ICAO Callsign
YPAEFAERO LLOYD
FoundedSeptember 6, 1979
Ceased operationsOctober 16, 2003
Operating bases Frankfurt Airport
Frequent-flyer program Flyplus
Fleet size56
Destinations59
Parent company BayernLB (66%)
Headquarters Oberursel, Germany
Website www.aerolloyd.de

Aero Lloyd Flugreisen GmbH & Co, operating as Aero Lloyd, was a German charter airline based in Oberursel, Germany. [1] It was headquartered in Building 182 at Frankfurt Airport in Frankfurt before it was moved to Oberursel. [2] [3]

Contents

History

Early years

An Aero Lloyd Sud Aviation Caravelle at Frankfurt Airport, Germany Aero Lloyd Caravelle Manteufel.jpg
An Aero Lloyd Sud Aviation Caravelle at Frankfurt Airport, Germany

Aero Lloyd was founded on September 6, 1979 [4] and launched operations in March 1981 with three Sud Aviation Caravelles. [5] By 1982, the airline received 3 ex-Garuda Indonesia Douglas DC-9-32 aircraft.

In 1986, the airline began to receive McDonnell Douglas MD-80 aircraft used to add new destinations. In 1988, Aero Lloyd launched scheduled services to London in the United Kingdom, Paris in France, and Zurich in Switzerland with the newly acquired aircraft. However, by 1992, Aero Lloyd dropped scheduled operations after realising it was not a good move for the airline.

In 1998, the Bayerische Landesbank took over a majority stake of 66% with the intention of selling it on to a strategic buyer. The Bayerische Landesbank was also the largest lender. In 2000, the return on sales was below 1% and thus below the industry average. In 2001 the Bayerische Landesbank had to grant a loan of 20 million euros to ensure liquidity. Aero Lloyd achieved a market share of around 12% in 2002, but suffered from overcapacities on the market.

Collapse

The airline ceased operations on October 16, 2003 after shareholders refused to continue funding the airline. The collapse left 4,000 passengers stuck at German airports and 4,500 stuck overseas. [6] [7] Its assets were acquired by Aero Lloyd founder, Bogomir Gradisnik. Under the management of Gradisnik's associate, Miso Aksmanovic, the company was reshaped into a smaller charter operation named Aero Flight which was established in March 2004 and started operations on March 26, 2004. Aero Flight ceased operations in October 30, 2005.[ citation needed ]

Fleet

An Aero Lloyd McDonnell Douglas MD-87 at Luqa, Malta MD87 Aero Lloyd D-ALLH MLA.jpg
An Aero Lloyd McDonnell Douglas MD-87 at Luqa, Malta
An Aero Lloyd Airbus A321-200. This aircraft later crashed in Pakistan in 2010 as AirBlue Flight 202 D-ALAN A321-231 Aero Lloyd LPA 01NOV00 (6948873739).jpg
An Aero Lloyd Airbus A321-200. This aircraft later crashed in Pakistan in 2010 as AirBlue Flight 202

The Aero Lloyd fleet consisted of the following aircraft throughout operations: [8] [9]

Aero Lloyd fleet
AircraftTotalIntroducedRetiredNotes
Airbus A320-200 119911991Leased from Adria Airways
219941994Leased from Leisure Air and Translift Airways
1119962003
Airbus A321-200 1119982003
McDonnell Douglas DC-9-32 419821994
McDonnell Douglas MD-82 219941997
McDonnell Douglas MD-83 1619872001
McDonnell Douglas MD-87 419881997
Sud Aviation SE-210 Caravelle 319791983

Accidents and incidents

See also

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References

  1. "Konakt." Aero Lloyd. Retrieved on 21 June 2009.
  2. "World Airline Directory." Flight International . 16 May 1981. 1391. "Luftverkehrs KG, Gebäude 182, Flughafen, 6,000 Frankfurt, West Germany" - Direct PDF Link, Archive
  3. "World airline directory." Flight International . 26 July 1980. p. 262. Direct PDF link (Archive) "Flughafen Frankfurt Rheim-Main, West Germany"
  4. Airlife Publications UK, ed. (1997). Major Airlines of the world. Robert Hewson. ISBN   1-85310-581-3.
  5. "Aero Lloyd Remembered" . Retrieved 21 February 2017.
  6. "TUI Says Aero Lloyd Stops Service Amid Insolvency". Bloomberg.
  7. "BBC NEWS - Business - Bank pulls plug on German airline" . Retrieved 21 February 2017.
  8. "Aero Lloyd Fleet Details and History". Planespotters.net. Retrieved 21 February 2017.
  9. Aero Lloyd Sud SE-210 pictures at Airliners.net [ permanent dead link ]
  10. Ranter, Harro. "ASN Aircraft accident Airbus A321 registration unknown Napoli Airport (NAP)" . Retrieved 21 February 2017.
  11. Ranter, Harro. "Aviation Safety Network > ASN Aviation Safety Database > Operator index > Germany > Aero Lloyd" . Retrieved 21 February 2017.

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