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Poland’s OLT Express Suspends Operations

Polish lowfare airline OLT Express has shut down its operations, stranding passengers in the 60+ cities it served across Europe.

Although the company has been around in one form or another for more than 10 years, they just launched commercial passenger service back in April, making it one of the quickest airline failures I can remember (Roots Air, a Canadian airline, only lasted 2 months back in 2001 – that’s the shortest I can think of). The airline’s chairman has run into financial difficulties in the past, having been convicted of embezzling from customers back in 2008.

Competitor Eurolot says it will match fares being offered by OLT Express and pick up many of the routes the OLT Express had flown.

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