Aero Lloyd Flugreisen GmbH & Co, operated as Aero Lloyd, was a German charter airline based in Oberursel, Germany. It was originally headquartered in Frankfurt before it was moved to Oberursel. Aero Lloyd was originally founded on 20 December 1980 and launched operations in March 1981 with 3 Sud Aviation Caravelle's. By 1982, the airline received 3 ex-Garuda Indonesia Douglas DC-9-32 aircraft. In 1986, the airline began to receive McDonnell Douglas MD-80 aircraft to allow the airline to expand to further destinations. In 1988, Aero Lloyd decided to launch scheduled services to London in the United Kingdom, Paris in France, and Zurich in Switzerland with the newly acquired aircraft. However by 1992, Aero Lloyd decided to drop scheduled operations after realising it was not a good move for the airline. The airline ceased operations at 06:00 local time on 16 October 2003 after shareholders refused to continue funding the airline. The collapse left 4,000 passengers stuck at German airports with a further 4,500 stuck overseas. Its assets were subsequently acquired by Aero Lloyd founder, Bogomir Gradisnik and under the management of Gradisnik's associate, Miso Aksmanovic, the company has been reshaped into a smaller charter operation named Aero Flight which was established in March 2004 and started operations on 26 March 2004. In 2005, Aero Flight ceased operations in October 2005.