4You Airlines flies away
PR dla Zagranicy
Peter Gentle
17.09.2014 14:22
A newly created Polish airline, 4You Airlines, has abandoned its offices in Warsaw following problems with regulation and doubts about its viability and it is yet unclear where it has moved to.
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4You Airlines is planning to operate 16 routes out of Lodz and Rzesow airports, to destinations including London and Barcelona. It is offering to sell tickets for as little as 47 zloty (11 Euro).
The airline first came under criticism when it began to sell tickets in early August, without having permission to fly.
It still does not have the necessary certificates or concessions from the Civil Aviation Office, though it continues to sell tickets online.
Under EU law the airline needs to have enough money to cover three months of operations without factoring in ticket sales, which experts estimate at around 45 million zlotys (10 million Euros).
The company’s starting capital was just 600,000 zlotys (140,000 Euros).
Information about the company’s planes has also been hard to come by. Although it initially announced that it would be leasing Boeing planes from a Lithuanian airline, it now claims to have 3 A320s leased from a minor Ukrainian airline.
In particular fears have been raised about comparisons to OLT Express, another Polish airline which collapsed in 2012. It had declared bankruptcy after only a year of operations.
However spokespersons for 4YOU Airlines continue to insist that the company will be able to begin operations in November. (sl)
Source: Gazeta Wyborcza