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LTE

LTE was a charter airline based in Palma de Mallorca, Spain. It operated passenger charter services throughout Europe. The airline was established on 29 April 1987, the founding shareholders being Spanish businessmen and the privately owned airline LTU from Germany. It started operations on 1 November 1987. From 1993 until May 2001, LTU was the sole owner having bought out the other original shareholders. On 24 May 2001, LTU sold the airline to a group of Spanish and Italian businessmen, including the Volare Group.