newstodate.aero
May 22, 2015 (newstodate): As long expected, Lithuania's bid for a new national carrier Air Lituanica did not survive.
The carrier has announced that all flights operations will cease by mid-day May 22, 2015, while the Latvian carrier airBaltic has stepped in to secure customers holding Air Lituanica tickets with flights over the coming eight days via Riga.
Air Lituanica will operate flights from/to Amsterdam, Paris and Tallinn on May 22, while flights to Berlin, Prague, Brussels and Stockholm are cancelled on May 22. All flights are then cancelled from May 23.
At the same time, negotiations have started over the future servicing of the routes so far operated by the now defunct carrier Air Lituanica.
Air Lituanica received its AOC on June 26, 2013, allowing it to operate own aircraft, and on August 5, 2013, Lithuania's Civil Aviation Administration issued the Commercial Activity License for Air Lituanica.
Air Lituanica then performed its first commercial flight on June 30, 2013 but ended its brief life in deep financial troubles, with liabilities outweighing assets by 4:1.
With the departure of the main driver behind the project, the former mayor of Vilnius Arturos Zuokas, the new city mayor made clear that the city's tax-payers will not shoulder the debts, nor grant more loans to keep the airline flying, while talks with potential new investors also failed.
The carrier has announced that all flights operations will cease by mid-day May 22, 2015, while the Latvian carrier airBaltic has stepped in to secure customers holding Air Lituanica tickets with flights over the coming eight days via Riga.
Air Lituanica will operate flights from/to Amsterdam, Paris and Tallinn on May 22, while flights to Berlin, Prague, Brussels and Stockholm are cancelled on May 22. All flights are then cancelled from May 23.
At the same time, negotiations have started over the future servicing of the routes so far operated by the now defunct carrier Air Lituanica.
Air Lituanica received its AOC on June 26, 2013, allowing it to operate own aircraft, and on August 5, 2013, Lithuania's Civil Aviation Administration issued the Commercial Activity License for Air Lituanica.
Air Lituanica then performed its first commercial flight on June 30, 2013 but ended its brief life in deep financial troubles, with liabilities outweighing assets by 4:1.
With the departure of the main driver behind the project, the former mayor of Vilnius Arturos Zuokas, the new city mayor made clear that the city's tax-payers will not shoulder the debts, nor grant more loans to keep the airline flying, while talks with potential new investors also failed.