Latvian airline recorded total of 365,700 passengers flow in 2010 in Lithuanian airports, which indicates 6% decline y/y. Vilnius airport accounted for 323,000 passengers of AirBaltic passengers flow, which is 6.2% y/y decline. Yet, in Vilnius airport AirBaltic operated 7,264 flights, which indicates 7% y/y increase. AirBaltic operated 896 flights from Palanga airport and carried total of 24,100 passengers in 2010. In Kaunas the company operated 808 flights and carried 18,300 passengers. AirBaltic operates 6 direct routes from Vilnius Airport, and flies to Riga from Kaunas, and Palanga. |
Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more