newstodate.aero
Sep 18, 2014 (newstodate): In the air since June 30, 2013, Air Lituanica is currently operating regular flights from Vilnius to Amsterdam, Berlin, Billund, Brussels, Munich, Prague, Paris and Tallinn.
In addition, the carrier is also adding seasonal flights to utilize capacity during slack business weeks, such as introducing flights from December 19, 2014, to January 4, 2015, from Vilnius to London, Edinburgh and Gothenburg.
In its first year of operations, the carrier has transported more than 100,000 passengers, aiming at over 150,000 passengers during its second year of operation.
While the carrier has been rather detailed in reporting on its operational successes, not a single word has been given on the crucial issue of its financial performance.
83 percent of the airline's shares are held by Vilnius municipality via a company Start Vilnius, with the remaining 17 percent belong to Air Lituanica Group, comprising 15 private investors.
The carrier's talkative prime mover, the mayor of Vilnius, Mr Zuokas has earlier stated that the airline will seek a strategic partner to take 49 percent of the stake, but little has been heard about this.
Talking to a Lithuanian media, the airline's Chairman of the Board, Kestutis Binkausko has now again confirmed that Air Lituanica is "quietly" seeking a new investor to take even a controlling stake.
But no details on the economic performance and the financial situation of Air Lituanica are yet available.
In addition, the carrier is also adding seasonal flights to utilize capacity during slack business weeks, such as introducing flights from December 19, 2014, to January 4, 2015, from Vilnius to London, Edinburgh and Gothenburg.
In its first year of operations, the carrier has transported more than 100,000 passengers, aiming at over 150,000 passengers during its second year of operation.
While the carrier has been rather detailed in reporting on its operational successes, not a single word has been given on the crucial issue of its financial performance.
83 percent of the airline's shares are held by Vilnius municipality via a company Start Vilnius, with the remaining 17 percent belong to Air Lituanica Group, comprising 15 private investors.
The carrier's talkative prime mover, the mayor of Vilnius, Mr Zuokas has earlier stated that the airline will seek a strategic partner to take 49 percent of the stake, but little has been heard about this.
Talking to a Lithuanian media, the airline's Chairman of the Board, Kestutis Binkausko has now again confirmed that Air Lituanica is "quietly" seeking a new investor to take even a controlling stake.
But no details on the economic performance and the financial situation of Air Lituanica are yet available.