This airline began operations in May 1992 with B727-200 to transport German tourists to holiday resorts in Turkey. The airline suspended operations temporarily in 1993 and the B727-200s were leased to Macedonian Airlines. During the summer season of 1995, Albatros Airlines was back in the air using B737-200 and Yakovlev Yak-42 aircraft.
Following the Birgenair disaster, German operators stopped booking flights on Turkish charter airlines and Albatros Airlines ceased operations in March 1996.
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