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Aero Lloyd

Charter airline of Germany (1979–2003) From Wikipedia, the free encyclopedia

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]

Founded6 September 1979 (1979-09-06)
Ceased operations
16 October 2003 (2003-10-16)
Operating bases
Frankfurt Airport
Quick facts IATA, ICAO ...
Aero Lloyd
An Aero Lloyd McDonnell Douglas MD-87 at Luqa, Malta
IATA ICAO Call sign
YP AEF AERO LLOYD
Founded6 September 1979 (1979-09-06)
Ceased operations
16 October 2003 (2003-10-16)
Operating bases
Frankfurt Airport
Flyplus
Fleet size56
Destinations59
Parent companyBayernLB (66%)
HeadquartersOberursel, Hesse, Germany
Websitewww.aerolloyd.de
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History

Early years

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 Zürich 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 Airbus A321-200. This particular aircraft would later crash as Airblue Flight 202.

The Aero Lloyd fleet consisted of the following aircraft throughout operations:[citation needed]

More information Aircraft, Total ...
Aero Lloyd fleet
Aircraft Total Introduced Retired Notes
Airbus A320-200 1 1991 1991 Leased from Adria Airways
2 1994 1994 Leased from Leisure Air and Translift Airways
11 1996 2003
Airbus A321-200 11 1998 2003
McDonnell Douglas DC-9-32 4 1982 1994
McDonnell Douglas MD-82 2 1994 1997
McDonnell Douglas MD-83 16 1987 2001
McDonnell Douglas MD-87 4 1988 1997
Sud Aviation SE-210 Caravelle 3 1979 1991
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Accidents and incidents

  • On September 1, 2001, an Aero Lloyd Airbus A321-200, operating a charter flight from Catania-Fontanarossa Airport, Italy to Berlin Tegel Airport, Germany, had an attempted hijacking shortly after takeoff. The plane was diverted to Naples Airport in Italy where it made an emergency landing and the hijacker was arrested. There is a mix of reports ranging from the man using wax candles as dynamite and that of a panic attack. Nobody was injured in the incident.[8][9]
  • On July 1, 2002, Aero Lloyd Flight 1135, an Airbus A320-200, was running behind schedule and did not reach Friedrichshafen Airport until after the allotted arrival time for passenger flights. The region's Zürich-based traffic control centre was not expecting to handle any more landings that night and therefore only had a single controller working the late-night shift, despite regulations that required at least two controllers on duty at all times. The controller's efforts to assist Flight 1135 had repeatedly distracted him from his prior responsibility to handle high-altitude traffic in the Lake Constance region; this was cited by investigators as a major contributing factor in a nearby mid-air collision above Überlingen. Flight 1135 itself was not involved in the collision and landed without incident minutes later.

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