Work begins on 'Polish Disneyland'

Ziemowit 14 | 3936

27 Jul 2012 / #31

Yeh.. Polands doing fantastic lately...BOMI, Olt Express are two companies to fold this week.

OLT Express airlines is an interesting case, anyway [my niece happens to work there]. It is owned by Amber Gold, a para-financial company which is now followed closely by the the Polish Securities and Exchange Commission [KNF] for receiving deposits from clients without having any banking license (they say they don't have to). Amber Gold said their airline is going to stop leasing six ATR planes since they're "too expensive in exploitation". Apparantly, the parent company runs short of money.

Hopefully, sanddancer alias gdyniaguy doesn't have any booked flights back to the UK with them ...

peter_olsztyn 6 | 1082

27 Jul 2012 / #32

biggest theme park in Europe

Our research shows that Poles are interested in this kind of entertainment
We are Americans now. We got military boots. We are masters now... :)

peterweg 37 | 2305

27 Jul 2012 / #33

The same for Olt Express can you imagine Easyjet going bust? What percentage of UK airlines have gone bust in the last 10 years?

You really are ignorant
en.wikipedia.org/wiki/List_of_defunct_airlines_of_the_United_Kingdom

There a about 50 airlines that have vanished in the UK since 2000

Harry

27 Jul 2012 / #34

You really are ignorant

Yes he is.

There a about 50 airlines that have vanished in the UK since 2000

But how many of those went bust and left their passengers stranded? XL and who else?

OP sanddancer 2 | 50

30 Jul 2012 / #35

There a about 50 airlines that have vanished in the UK since 2000

Vanished and gone out of business are two totally different matters. How many on that list have been bought up by other airlines? The UK is a vastly different market then Poland. The UK's air travel isn't illegily subsidised by the government. The UK airlines that fail do so becasue of over capacity nothing else. In Poland the market has no capacity and it still fails. Your the one who keeps bleating on about how well the Polish economy is doing. So the Mr. Economist how come the airlines and tour operators are now going bust in a economy where wages are rising 6% a year and GDP is growing at around 3%?

peterweg 37 | 2305

30 Jul 2012 / #36

But how many of those went bust and left their passengers stranded? XL and who else?

I seem to remember there was another airline who failed at the same time as XL. However, any company that failed wold have stranded passengers, you just would not have heard about it. I'm not about to trawl through ten years of airline news, but airline failures are normal practice world wide.

OP sanddancer 2 | 50

30 Jul 2012 / #37

I seem to remember there was another airline who failed at the same time as XL. However, any company that failed wold have stranded passengers,

Harry in the UK you dont have stranded passengers they are returned home by the UK government or ABTA.