...to go back to the "old" livery. www.airlinersonline.com, that usually gives some interesting infos not to be found elsewhere, has this today: LTU might go back to the old livery after receiving bad critics from both tour operators and the public. Right so. LTU is a holiday airline and the new livery looks like a cheap scheduled airline but not like "I´m going to Mallorca." In the same news airlinersonline says the second A320 will be painted in the "old" livery already.
As far as you ask me, thats the better way. A slight overhaul of the red livery would be nice though.