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Lithuania's Small Planet Airlines to invest record profits in passenger experience improvement

BC, Vilnius, 11.09.2015.Print version
During the first half of 2015, the charter flight carrier Small Planet Airlines, a Lithuanian leisure airline based at Vilnius Airport, earned EUR 64.3 million and improved its financial performance by a whopping 25.3%. Meanwhile, the company's profits doubled from EUR 2 to EUR 4 million, the airline reports LETA/ELTA.

As soon as next year the carrier intends to spend EUR 6 million on renewing all of its aircraft, marking the largest investment into the fleet renewal in the entire company's history.

 

Based on the new concept of the salon, Small Planet Airlines plans to renew all of its Airbus A320 aircraft until the launch of the new summer holiday season next year. Amongst the anticipated modifications – brand new Recaro seats, special LED lighting and an internal wireless network which will enable all airline passengers to use their mobile devices for extra entertainment on-board. The company is also set to introduce its new Economy Premium product line for those seeking added comfort and an even more pleasant air travelling experience.

 

"2015 is the year of massive growth for our company. During the first half alone, we have supplemented our fleet by 7 aircraft, increased the number of flights by 30% and welcomed 300 new employees to our highly qualified and experienced team," said CEO of Small Planet Airlines Vytautas Kaikaris. "And what is truly praiseworthy is the fact that our employees have managed to handle such an impressive growth and delivered an increased profit. In the first half of the year our profit margin grew from 3.9 to 6.2%," he added.

 

According to V. Kaikaris, the upcoming investment will go directly towards improving the passenger comfort. In fact, the company has already signed a contract with the German manufacturer Recaro and placed an order for as many as 3,000 brand new seats.

 

Another noteworthy improvement to be introduced on Small Planet Airlines aircraft is the new LED lighting, which can be specifically adapted for distinct phases of a flight. Uniform light will produce no blinding effect, so passengers on-board should not experience eye tiredness for significantly longer periods of time.






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