The Polish low-cost and regional airline OLT Express has ceased scheduled operations on Friday, 27th June 2012. Just a few days earlier, the owner Amber Gold had announced to backtrack from the company and cut the schedule.
OLT Express was formed, when Amber Gold, until then owner of Polish regional airline Jetair, overtook the cash-stricken German airline OLT. In the following time Amber Gold invested much money in the airlines. OLT was rebranded as OLT Express Germany, announced new bases, commenced a lot of new routes with Saab 2000/Fokker 100 and announced to take over the German airline Contact Air. The Polish airline was rebranded as OLT Jetair and commenced 17 domestic routes in Poland with ATR 42/72 and Airbus aircraft early this year. Even in early 2012 OLT Jetair got the new name OLT Express Regional and a new airline was founded: OLT Express Poland, which commenced routes with A319/A320 aircraft from Poland to several international destinations.
OLT Express Germany is still operating and is seaching for an new owner. OLT Express Regional has ceased all operations definitely. OLT Express Poland has ceased all scheduled operations and tries now to survive with charter flights.