> renamed | ^ merged in | => merged to form airline | +> or + assets taken | < divided |
Holiday was established at Istanbul in the first quarter of 1994 to offer passenger charter and inclusive-tour flights to various European destinations. Revenue flights began on 23Jun1994. It was not a good summer and the airline was forced to hand back the A.320 and cease operations. Restarted operations late Mar1995. On 10Sep1996, German aviation authorities withdraw permission for Holiday Airlines to land at any airport in the Federal Republic. With its principal European market out of bounds, the company has no option but to shut down and liquidate
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