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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 21:09

Ryanair repays principal debt to Latvijas gaisa satiksme

Alla Petrova, BC, Riga, 15.08.2012.Print version
The Irish low-fare airline Ryanair has repaid its principal debt to the air navigation services company Latvijas gaisa satiksme, Nozare.lv was informed by Latvijas gaisa satiksme board chairman Davids Taurins.

Nevertheless, the airline has still not covered its late payment penalties, explained Taurins.

 

Ryanair has repaid a total of EUR 846,335 (LVL 584,225) this year, covering its 2010/2011 debt commitments and this year's air navigation services, writes LETA.

 

Both companies are currently discussing a settlement and the remaining terms will be assessed during these talks.

 

Ryanair has a different perception of who should pay for air navigation services.


The airline believes that the Riga Airport should cover these services, contradicting Latvian and international laws, pointed out Taurins.

 

The next court session will be held on September 5.






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