newstodate.aero
Jan 13, 2009 (newstodate): Effective from January 23, 2009, the troubled Lithuanian airline flyLAL will be taken over by a Swiss investment group.
An agreement between the two parties was reached on January 9, and SCH Swiss Capital Holdings will take over 100 percent of the shares in the airline that will retain its current management.
flyLAL will be developmed as a regional European airline, and plans for its reorganisation and future strategies will be worked out and published shortly.
An agreement between the two parties was reached on January 9, and SCH Swiss Capital Holdings will take over 100 percent of the shares in the airline that will retain its current management.
flyLAL will be developmed as a regional European airline, and plans for its reorganisation and future strategies will be worked out and published shortly.