Airport, Lithuania, Transport

"The continuity of the activities of flyLAL – Lithuanian Airlines largely depends on the initiative of the shareholders of the company themselves. Those two proposals that we had received from flyLAL – Lithuanian Airlines, are no longer adequate in the present situation, therefore we do not think that they should be reconsidered without evaluating the changes over the past weeks. If the company presented a proposal suitable today, which would foresee realistic and not paper-based possibilities for the company to continue its work, we would discuss and consider it," said ELTA Transport Deputy Minister Arunas Staras.

He admits that the existing assets of flyLAL – Lithuanian Airlines – licenses, agreements with other carriers, business infrastructure, landing times in expensive airports – should be preserved, and underlines that it would probably be very difficult to speak about the creation of a new carrier until the possibilities of the arrival of a financially capable investor are visible.

The ministry would also consider the possibility to establish a new carrier on the basis of flyLAL – Lithuanian Airlines, if such a proposal was rational considering the changed situation on the market.