May 2017 became symbolic in the history of Lithuanian aviation because Lithuanian Airports handled more than half a million passengers, i.e. 13.3% more than during the same period last year, and achieved the best result in the history of Lithuanian aviation. Until now, the record month in terms of the number of passengers was August 2016 when 481,000 passengers, that is, 6% fewer than in May 2017,...
AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, has announced its financial results of 2016 recording significant increase in business volumes – company’s revenue tripled to €80,8 million, operating profit jumped by 75% from €13,9 million in 2015 to €23,1 million in 2016. Net profit grew from €9,1 million to €16,1 million. The c...
From temporary departure and arrival terminals that are being built to additional aircraft parking – preparations for the significantly increased passenger flow are in full swing at Kaunas Airport. The temporary infrastructure that is being created and the airport apron that is being reconstructed at the moment will allow Kaunas to handle flights and passengers transferred from Vilnius Airpo...
The year 2016 was the record year for Lithuanian Airports: 4.8 million passengers were served and the number of flights reached 52 thousand. The greatest increase was demonstrated by Palanga Airport where the number of passengers has surged by 60 per cent and reached 233 thousand. The CEO of Lithuanian Airports Gediminas Almantas was pleased that last year was the best year for Lithuanian Airpo...
FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, signed a cooperation agreement with Semmco, a UK-based manufacturer of ground support equipment and aviation access platforms. Under the agreement, FL Technics shall act as Semmco’s exclusive representative in 24 countries across Southeast Asia, Eastern Europe and the CIS. FL Technics will exc...
The runway reconstruction planned for the summer of 2017 at Vilnius Airport will cost nearly €25m to the enterprise. Such an estimate was made taking into account the prices of the necessary technical work under the project and the expenditures of other European airports for such work. The estimated price will not be increased because the open procedure for stage 1 work the value of which tot...
FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, continues the diversification of its base maintenance client portfolio by signing a new deal with an airline from the MENA region – Express Air Cargo. Under the agreement, FL Technics shall provide redelivery checks on two of the carrier’s Boeing 737s. Both Boeing 737-300 aircraft have...
European business aviation company KlasJet has announced the expansion of its business jet fleet by adding a third aircraft – mid-size Hawker 800XP. The new business jet is already delivered to KlasJet and operates charter flights across European destinations. The mid-size twin-engine Hawker 800XP accommodates up to 8 passengers and thee crew members. Built in 2000, the aircraft has a re...
The recent Farnborough 2016 airshow has brought over $120 billion-worth of orders. In their pursuit to operate the latest aircraft models, Asian customers, to no one’s surprise, are leading the order books. But the upcoming delivery of hundreds of new aircraft will inevitably force market players to find new owners and lessors for the aging fleet. With still rather moderate experience in air...
Vilnius Airport welcomed another new airline – the Spanish low-cost airline Vueling. It will operate one weekly flight to Barcelona on Wednesdays until 28 September. Over 100 passengers took the first flight from Vilnius. “We see a steady growth in the passenger traffic to Barcelona; therefore, as many as three airlines will meet the need for flights on this route. Vueling also offe...
BGS, an international provider of ground handling and aircraft fuelling services, has announced signing a new cooperation agreement with one of the biggest brands in the aviation fuel market – WARTER aviation. In accordance with terms of the partnership, BGS will represent the Polish company in 6 countries across Central and Eastern Europe. Having signed the latest cooperation agreement,...
Last week Vilnius Airport gave a water salute to greet the aircraft of Germania on the occasion of the launch of regular flights on the route Vilnius-Zürich. Air service between Lithuania and Switzerland is re-launched after a pause of eight years. "The growing number of new airlines and routes in Vilnius is a proof that we are an attractive European destination. The new Vilnius-Z&uu...
