FlyLAL Lithuanian Airlines filed for bankruptcy Friday, less than a week after shutting down following its failed sale to a Swiss investment group (ATWOnline, Jan. 21). "We looked at all possible options to continue operations, but being unable to continue flights and without seeing any real chances to renew operations, we were forced to file for bankruptcy," CEO Vytautas Kaikaris said in a statement. The carrier previously had said it was "open for further proposals" but that they must come ...

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