Estonian airline Estonian Air launched its first flight between two foreign destination from Vilnius to Amsterdam . The company indicated that the interest in the route is high, as the first flight had 75% cabin factor. Andrus Aljas, said that the Lithuanian had a big potential, as well as that the Lithuanian Government and the Vilnius Airport is providing good conditions in order to attract more flights to Lithuania . The company opened the new route in cooperation with Dutch airlines KLM .
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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