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flyLAL Group Services AB
has acquired Baltic Ground Services
Aviation
business group flyLAL Group Services AB acquired ground services company
Baltic Ground Services UAB from investment company Invalda AB. "Acquisition
of Baltic Ground Services enabled us to complete aviation services portfolio
and increased the value of the Group flyLAL Groups Services", said
Managing Director of flyLAL Group Services AB Linas Dovydënas. “Acquisition
of ground services provider is a step of strategic development, enabling us
to offer our clients a complete package of all aviation services from one and
the same provider, thus ensuring optimum ratio between the quality and price
of services". More |
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Volumes of cargoes carried by flyLAL are growing while
market is suffering from stagnation flyLAL – Lithuanian Airlines
carried over 411 ton cargoes in the third quarter of this year, i.e. 38.5%
more than during the same period last year. In the period of July –
September, the company received 33.5% more incomes from cargo transportation
business than during the same period in 2007. More With opening of US borders, flyLAL ensured comfortable
flights to this country flyLAL – Lithuanian Airlines prepared a special offer of
flights to various US cities to those who are eager to cease the opportunity
of travelling to this country without visas. “According to the established
rules, only those citizens of Lithuania who already have flight tickets will
be able to check in for trips to the USA – flight numbers will have to be
entered when checking in online....“ More flyLAL
launched flights to Budapest flyLAL – Lithuanian Airlines launches its direct flights
Vilnius-Budapest-Vilnius today. Starting from the 28th of October, aircraft
from Vilnius to Budapest will fly three times per week – on Tuesday, Thursday
and Saturday. Departure time from Vilnius – 11:10, flight duration – 1 hour
45 minutes. More flyLAL will organise flights to Dublin during the
Christmas time flyLAL – Lithuanian Airlines, willing to provide a possibility
for all emigrated Lithuanians to come back home for celebration, will perform
flights to the Irish capital Dublin during Christmas and New Year’s period. More flyLAL supplemented its winter flight timetable with
flights to Tbilisi and Milan flyLAL – Lithuanian Airlines in order to provide Lithuanian
travellers with a possibility to reach European and world’s cities in comfort
is broadening its business scopes and included two more cities – Tbilisi and
Milan – into its winter season list of flights. More |
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Incomes of aircraft lease
company Avia Asset Management increased by 10 times in this year Company engaged in aircraft acquisition and long-term lease of aircraft
Avia Asset Management, a member of flyLAL Group Services, AB, announces the
incomes of nearly LTL 29 million earned by it in 9 months of this year, i.e.
10 times bigger incomes than those received in the same period of 9 months
last year. EBITDA (earnings of these three quarters before interest,
taxes, depreciation and amortisation) amounted to LTL 27.5 million. |
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flyLAL Technics earned one quarter bigger incomes this
year Aircraft technical maintenance and repair company flyLAL Technics after
consolidating the results of 9 months of this year announced the incomes of
LTL 46.1 million, i.e. 25.6% more than during 9 months in the last
year. EBITDA of 9 months this year is LTL 7.3 million, EBITDA of 9
months last year was LTL 4.2 million. Profit before taxes earned by the
Company this year is LTL 4.6 million. “Growth of company’s performance
results was determined by efficient activities, new technologies installed,
high performance quality and expanding circle of clients....“. More |
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Experts certified the
flight simulator of flyLAL Training The flight simulator acquired by the Lithuanian pilots and flight
attendants training centre flyLAL Training has already been certified by
aviation specialists and recognised as suitable for use. The simulator
provides 100% imitation of real flight by aircraft Boeing 737. Upon
putting the flight simulator Boeing 737 into operation, flyLAL Training centre
will be equipped with all necessary technical facilities for organising not
only theoretical but also practical qualification training for pilots. More |
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flyLAL Group AB, A. Gustaièio str. 4, 02512 Vilnius, Lithuania Tel.: +370 5 252 5002, fax: +370 5 216 6828, e-mail: info@flylalgroup.com www.flylalgroup.com |
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