Lithuanian airports recorded total passengers traffic of 0.7mn travellers in Jan-Apr, which indicates 19.1% y/y increase. 20.1% of all travellers travelled to the UK, 11.5% to Germany, 9.9% to Latvia, and 8.1% to Denmark. 94.5% of all passengers were travelling on regular flights, 30.5% y/y increase. Lithuanian airlines carried total of 76,000 passengers in Jan-Apr, 57.3% y/y decline in the figure. 76.3% of all passengers travelled on charter flights, 56.1% y/y decline. |
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