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Friday, 29.05.2015, 07:09
Air Lituanica Director Nerijus Jukna has reviewed the company's activities and decided to propose to Air Lituanica board of directors to initiate bankruptcy proceedings. Bankruptcy proceedings should be initiated as soon as possible, reports LETA/ELTA.
Keyword tags: Airport, Legislation, Lithuania, Transport
Transport Minister Anrijs Matiss (Unity) has confirmed that Latvia is open to Chinese investments in the Latvian transportation sector, especially in rail and port infrastructure, as well as in aviation, LETA was informed by the Transport Ministry.
Estonia's modern Eastern border will be completed as a gift for Estonian Republic's 100th anniversary and according to Interior Minister Hanno Pevkur, a part of the Eastern border could be constantly guarded by drones, LETA/Eesti Päevaleht writes.
Ro-Pax ferry route connecting the ports of Klaipeda and Karlshamn (Sweden) has been opened at Central Klaipeda Terminal of the Klaipeda Seaport, informs LETA/ELTA.
To modernize the fleet of JSC Latvijas kugnieciba (LK), eight tankers will be dry docked in the Riga dockyard during the period of May to July 2015, performing technical repairs, paintwork and installing new satellite equipment. Over three point six million USD will be invested into the repair works of ships, on average from 450 to 500 thousand USD per ship, reports BC communications consultant at JSC Latvijas kugnieciba Elina Dobulane.
Estonian state-owned port operator Tallinna Sadam (Port of Tallinn) council decided on Tuesday that the operator of the new ferryboats that are being built to operate the connection between the mainland and Estonia's big islands will be its subsidiary TS Laevad OÜ; the council also gave instructions to the board of Tallinna Sadam to start preparatory work for compiling the crews, LETA/Public Broadcasting reports.
The Latvian national airline airBaltic on May 26, 2015, launched a new route between Riga and Dubrovnik, Croatia, reported BC Janis Vanags.
On Tuesday, 26 May 2015, intermodal terminals were opened in Vilnius and in Kaunas. The intermodal terminals will allow to service large flows of container cargoes swiftly, effectively and inexpensively, reports LETA/ELTA.
Ryanair, Europe’s No.1 low fares airline today (May 26) announced a full year 2014 net profit of €867 mln, ahead of previous guidance.
President Dalia Grybauskaite says that Lithuania was late to win a place on the international airline market, therefore, another attempt to create a national airline would not be rational, informs LETA/ELTA.
In autumn 2015, Saare Golf will bring golf tourists from Scandinavia to Estonia’s largest island Saaremaa with Estonian Air convenient direct flights, Estonian Air announced LETA.
On 22 May 2015, the Committee of Permanent Representatives of the Council (Coreper) endorsed the terms of an agreement between the Latvian presidency and European Parliament representatives on the reform of the Travel Package Directive, reports eu2015.lv.
The Latvian airline airBaltic will launch a new route between Riga and Radom, Poland, on 1 September 2015. The new route of airBaltic will offer convenient travel between the two airports, and beyond to destinations in the Baltics, Scandinavia, Russia, and the CIS, reports BC airline’s press service.
Helsinki city council's political leaders want to add momentum to the plan of building a tunnel connecting Estonian and Finnish capitals, in order to avoid Finland becoming an economic periphery, LETA/Postimees Online reports.
Prime Minister Algirdas Butkevicius has stated that airline Air Lituanica could have been supported only if it had shown some positive prospects. Air Lituanica terminated its activities on Friday, 22 May. The prime minister has mentioned that a new air carrier could be attracted to Lithuania, reports LETA/ELTA.