JU068
Posts: 2094
Joined: Thu Aug 20, 2009 8:23 am

New Airline In Lithuania - Air Lituanica

Thu Oct 04, 2012 3:50 pm

Good evening everyone!


It seems that a new European airline is in the making. Let's see how successful this ends up being.

"According to the estimates of experts, tourists using Air Lituanica would spend LTL 36.2 million (EUR 10.5 million) in Vilnius and Kaunas every year. The expected annual passenger volume accounts for 125,000. During the first year of operation, we plan to offer flights to 6 airports – in Amsterdam, Brussels, Kiev, London, Moscow and Palanga. After a year of operation, 6 new directions would be launched: to Stockholm, Munich, Berlin, St Petersburg, Hamburg and Tbilisi. While in 2015 a flight to Istanbul would be added," the Vilnius mayor said, presenting the project.

This proposal is backed by Vilnius City Municipality (34%) while 17% of the shares belong to Lithuania based companies and 49% belong to a strategic investor.

It will be interesting to see how this works out. Personally I think this might actually materialize because the project is backed by the government. Now, just because it might actually happen doesn't mean it will survive, especially when taking into consideration that the Lithuanian market is dominated by Ryanair and Wizz Air.

http://www.baltic-course.com/eng/good_for_business/?doc=63899

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos