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Airlines

Name: LTE VOLAR AIRLINES
7JetSet7 Code: LTE
Status: Currently Not Operational
Region: EUROPE
City: PALMA DE MALLORCA
Country: SPAIN
Employees 230
Web: lte.es
Email: dgeneral@lte.es
Telephone: +34 (971) 475 700
Fax: +34 (971) 478 886
Sita: PMIDZXO
Background
(definitions)

Click below for data links:
LTE-FEB06-A

FORMED AND STARTED OPERATIONS IN 1987. INTERNATIONAL, CHARTER, JET AIRPLANE SERVICES.

ADDRESS:
CALLE DEL TER 27
POLIGONO DE SON FUSTER
E-07009 PALMA DE MALLORCA (BALEARES), SPAIN

SPAIN (KINGDOM OF SPAIN) WAS ESTABLISHED IN 1479, IT COVERS AR AREA OF 504,750 SQ KM, ITS POPULATION IS 41 MILLION, ITS CAPITAL CITY IS MADRID, AND ITS OFFICIAL LANGUAGE IS SPANISH.

OCTOBER 1993: WAS NAMED "LTE INTERNATIONAL AIRWAYS."

OWNED 100% BY (LTU).

SERVICES TO BOLOGNA, FUERTAVENTURA, HELSINKI, HANOVER, GRAN CANARIA, LANZAROTE, STUTTGART, SANTA CRUZ DE PALMA, SALZBURG, & TENERIFE.

199 EMPLOYEES (INCLUDING 106 FLIGHT CREW (FC) & 93 MAINTENANCE TECHNICIANS (MT)).

SUSPENDED EXTENDED TWIN-ENGINE OPERARTIONS (ETOPS) FLIGHTS. (LTE) 757'S ARE NOT (ETOPS) EQUIPPED.

MAY 1997: 190 EMPLOYEES (INCLUDING 103 FLIGHT CREW (FC) & 87 MAINTENANCE TECHNICIANS (MT)).

SEPTEMBER 1997: 10 YEARS ANNIVERSARY!

APRIL 1998: 190 EMPLOYEES (INCLUDING 103 FLIGHT CREW (FC) & 87 MAINTENANCE TECHNICIANS (MT)).

APRIL 1999: 214 EMPLOYEES (INCLUDING 37 FLIGHT CREW (FC), 90 CABIN ATTENDANTS (CA), & 87 MAINTENANCE TECHNICIANS (MT)).

SITA: PMIDZXO.

SEPTEMBER 1999: OWNER (LTU) DECIDES TO MAKE (LTE) FUNCTION ONLY AS A LINE STATION, THUS ENGINEERING, FLIGHT OPERATIONS & COMMERCIAL STAFF, WILL CEASE AS OF MARCH 2000, WITH CHOICE OF MOVING TO DUSSELDORF.

NOVEMBER 1999: FISCAL YEAR (FY) 1998 = +$1.49 MILLION (+$2.32 MILLION) (NET PROFIT).

DECEMBER 1999: 3 757-2G5's (23118; 23119; 23651) TRANSFERRED TO (LTU).

APRIL 2000: 214 EMPLOYEES (INCLUDING 37 FLIGHT CREW (FC), 90 CABIN ATTENDANTS (CA), & 87 MAINTENANCE TECHNICIANS (MT)).

(dgral.lte@arrakis.es).

MAY 2000: PETER HASLEBACHER, PRESIDENT REPLACES P FANKHAUSER.

LTE INTERNATIONAL (LTE) HAS BEEN AUDITED/EVALUATED BY CONSULTING FIRM "IKARUS," A JOINT VENTURE, BETWEEN SWISSAIR (SWS), AND ROSS PEROT, SUGGESTING (LTE) SHOULD FIND SOME INVESTORS TO MAKE IT MORE INDEPENDENT FROM (LTU), SINCE (LTE) HAS BEEN PROFITABLE SINCE IT WAS FOUNDED 10 YEARS AGO, CONTRARY TO (LTU).

DECEMBER 2000: 1 757-2G5 (23118, EC-HQV), TRANSFERRED FROM (LTU).

APRIL 2001: 214 EMPLOYEES (INCLUDING 34 FLIGHT CREW (FC), & 72 CABIN ATTENDANTS (CA)).

HUBS: COLOGNE/BONN (KONRAD ADENAUER) AIRPORT, & GRAN CANARIA (LA PALMA) AIRPORT.

AUGUST 2001: IN 2002, TO BE RENAMED "VOLAR AIRLINES."

IN 2003, WILL REPLACE 757-200'S WITH A320 & A321'S WHEN THE VOLARE GROUP (VLR) TAKES FULL CONTROL OF THE AIRLINE FROM (LTU).

MARCH 2002: (dgeneral@lte.es).

1ST A320-200 DELIVERY.

April 2002: 200 employees (including 34 Flight Crew (FC); & 72 Cabin Attendants (CA)).

Main Base: Palma de Mallorca airport (PMI).

Hubs: Gran Canaria-La Palma airport (LPA); & Tenerife airport (TFS).

Owners/shareholders: Gasarer (a group of Spanish & Italian businessmen) sold by (LTU), in 5/01.

May 2002: 2nd A320-214 (1775, EC-IEP), GECAS (GEF) leased.

January 2003: 1 A321-211 (1233, EC-ILG), ex-Virgin Sun (VSN), (GEF) leased.

February 2003: 1 A321-211 (1219, EC-IMA), (GEF) leased.

March 2003: Has extended the leases on 3 757-200's in a transaction arranged by Sigma Aircraft Maintenance. Sigma also negotiated and arranged extensions of financing arrangements for the airplanes with Erste Bank and NatWest.

July 2003: 230 employees. (http://www.lte.es).

January 2004: A320-214 (2123, EC-ISI), (GEF) leased.

April 2004: 172 employees (including 31 Flight Crew (FC), 83 Cabin Attendants (CA), & 38 Maintenance Technicians (MT)).

May 2004: 757-2G5 (23118) parted out by GA Telesis Turbine Technologies. A321-211 (1006, EC-IXY), ex-First Choice (ATZ), GECAS (GEF) leased.

June 2004: Palma de Mallorca - Pisa (A321, seasonal weekly charter).

July 2004: 2003 = 1.65 billion (RPK) (traffic) (+143.3%); 75.9% LF (load factor); 788,000 passengers (PAX) (+151.6%).

November 2004: 130 employees.

December 2004: A320-214 (1775, EC-IEP) leased to MyAir (MYR).

May 2005: 230 employees (including 58 Flight Crew (FC); 79 Cabin Attendants (CA); & 48 Maintenance Techicians (MT)).

A320-211 (234, JY-JAR), Jordan Aviation (JOR) wet-leased. A320-232 (496, EC-JIB), ex-Sky Service (SKB), (ILF) leased, delivery.

January 2006: Spain will spend $3.5 billion over the next 14 years improving the eight airports in the Canary Islands, according to a Development Ministry statement cited by "Reuters." The enhancements will include terminal extensions, new runways and more parking.

February 2006: 2 A320-212 (438, A40-EG; 445 A40-EH (see photo), ex-Gulf Air (GUL), Oasis International Leasing leased.

April 2006: LTE Volar Airlines (LTE) operates passenger, jet airplane services between mainland Spain, the Balearic and Canary Islands, and to Europe, primarily UK, Ireland, Germany, Italy, France, Poland, & Lithuania.

(IATA) Code: XO. (ICAO) Code: LTE - FUN JET.

Parent organization/shareholders: Gasarer (100%).

(dgeneral@lte.es).

Main Base: Palma de Mallorca Airport (PMI).

Hubs: Barcelona airport (BCN); Lanzarote airport (ACE); Fuerteventura airport (FUE); Gran Canaria Las Palmas airport (LPA); & Tenerife Sur airport (TFS).

December 2006: Is now a wholly owned subsidiary of MyAir (MYR), Italy.

January 2007: A320-214 (2123, EC-ISI), returned from AirAsturias (ATS), who ceased operations.

March 2008: A320-232 (496, EC-JIB), wet-leased to MyAir (MYR).

October 2008: LTE Volar Airways (LTE) suspended flight operations "due to the financial situation of the company, that makes it difficult to meet the operational expenses in the next days," it said on its website. "After 20 years operating with maximum dedication to our clients, it just was not possible to avoid this situation, given world events lately." It operated seven 180-seat A320s.

(LTE) has since relaunched wet-lease (ACMI) flights.

Fleet:
(definitions)

Click below for photos:
LTE-757-200
LTE-A320-214
LTE-A320
LTE-A320-MAR08

October 2008:

0 757-2G5 (RB211-535C) (36-23118, /84 EC-HQV; 51-23119, /85 EC-HQX; 116-23651, /86 EC-HRB) EX-(LTS), TRANSFERRED FROM (LTU) 2000-12. 23651 RTND 2004-04. 23118 PARTED OUT 2004-06. 23119 SCRAPPED AT MARANA 2004-09. NOT (ETOPS) EQ'PD. 219Y.

0 A320-211 (CFM56-5A1) (234, /91 JY-JAR), (JOR) WET-LSD 2005-05. RTND. 156Y.

2 A320-212 (CFM56-5A3) (438, /93 A40-EG; 445, /93 EC-JTA (SEE PHOTO), EX-(GUL), OASIS INTERNATIONAL LEASING LSD. 445; WET-LST (NAZ) 2007-12 AS (A40-EH). 180Y.

2 A320-214 (CFM56-5B4/P) (1717, /02 EC-ICN; 1775, /02 EC-IEP; 2123, /03 EC-ISI, 2004-01), (GEF) LSD. 1775 RTND, LST (MYR) 2004-12. 2123; RF AIRASTURIAS (ATS) 2007-01, LST (NAZ) 2007-12. 180Y.

1 A320-232 (V2527-A5) (496, /94 EC-JIB), EX-(SKB), (ILF) LSD 2005-05. WET-LST MYAIR (MYR) 2008-03 - SEE PHOTO. RTND, LST (FBR) 2009-07. 180Y.

1 A320-232 (V2527-A5) (580, /96 EC-), (BOU) LSD 2006-05. RTND, LST (FBR) 2009-07. 180Y.

1 A321-211 (CFM56-5B3/P) (1006, /98 EC-IXY), EX-(ATZ), (GEF) LSD 2004-05. 194Y.

1 A321-211 (CFM56-5B3/P) (1219, /00 EC-IMA), (GEF) LSD 2003-02. 181Y.

1 A321-211 (CFM56-5B3/P) (1233, /00 EC-ILG "SUNKISSED GIRL"), EX-(VSN), (GEF) LSD 2003-01, 220Y.

Management:
(definitions)

MICHAEL HARRINGTON, MANAGING DIRECTOR.

CAPTAIN JOAQUIN YUSTAS, FLIGHT OPERATIONS DIRECTOR (PMIOZXO) (pablo.estrada@lte.es).

CRISTANO VILLACORTA, TECHNICAL DIRECTOR (PMIMDXO), (technical@lte.es).

ALESSANDRO MARTINELLI, COMMERCIAL DIRECTOR.

RAFAEL CANIZARES, FINANCIAL DIRECTOR.

CAPTAIN MANUEL COSANO, FLIGHT OPERATIONS ENGINEERING MANAGER.

CAPTAIN JESUS CASANOVA, FLIGHT SAFETY MANAGER (PMIOZXO).

CAPTAIN JOSE LUIS PAMPLIEGA, FLIGHT TRAINING MANAGER.

JOSE MARIA INGLES, MAINTENANCE MANAGER (PMIMDXO).

MANUEL QUERO, ENGINEERING & QUALITY CONTROL MANAGER.

RAMON ESCOBAR, PRODUCTION PLANNING & CONTROL.

 
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