newstodate.aero
JUN 06, 2003 (newstodate): The future of Lithuanian Airlines is at stake when the contry's airspace is liberalised from next year as part of the joint European airspace agreement.
The airline is now the only state-owned carrier in the Baltics.
-The liberalization of Lithuania's airspace will pave the way for a fierce competitive environment in which the strongest will survive, so LAL's future performance will largely depend on its marketing strategy and ability to adapt to new business conditions, says Valdemaras Salauskas, Lithuanian Airlines privatization commission chairman.
Lithuanian Airlines was poised for privatisation, but this April SAS bailed out as the only potential buyer after Finnair's retreat somewhat earlier.
The airline is now the only state-owned carrier in the Baltics.
-The liberalization of Lithuania's airspace will pave the way for a fierce competitive environment in which the strongest will survive, so LAL's future performance will largely depend on its marketing strategy and ability to adapt to new business conditions, says Valdemaras Salauskas, Lithuanian Airlines privatization commission chairman.
Lithuanian Airlines was poised for privatisation, but this April SAS bailed out as the only potential buyer after Finnair's retreat somewhat earlier.