Lithuanian capital Vilnius mayor Arturas Zuokas announced that authorities plan to launch a new local carrier called airLituanica.
Lithuanian capital Vilnius mayor Arturas Zuokas announced that authorities plan to launch a new local carrier called airLituanica. Details have not been disclosed but a local news website, 15min.lt, quoted Zuokas as saying city authorities could acquire 34% ownership in the new airline. He said strategic investors may acquire 49%-51% and Lithuanian investors may receive a 17% share. Flights could start in 2013. Lithuania has not had a home-based scheduled carrier for three years. In ...
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