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and prevent the cancellation of FlyLal's operating licence. When the advance was not received, the deal was terminated and FlyLal announced termination of its activities effective 17 January 2009. Another proposal for a government bailout was rejected on 23 January 2009. The bankruptcy of FlyLAL significantly reduced the number of direct flights from
Vilnius, from 28 to 14 destinations, and the number of passengers at Vilnius Airport decreased by 43 percent.
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Shortly afterwards FlyLal announced that it would sell 100% of shares to SCH Swiss
Capital Holdings, a previously unknown company registered in December 2008. The company was sold for US$ 1 million effective 23 January 2009. The new owners agreed to advance 1 million euros to cover some of the debts
358:. Despite the crisis, the number of passengers grew by 61% during 2008. In December 2008, the company admitted to suffering financial difficulties and having debts of 86 million litas (26.1 mln euros). It offered 51% of its shares to the
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airliners and had plans for further expansion. During 2007, the number of passengers grew by 14% to 526,000. In 2008, charter flight services were transferred to sister company
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airliners). During the period from 1991 to 1993, the airline re-oriented its route network from the countries of the former Soviet Union to
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After a decade of loss-making operations, abortive plans to launch a trans-Atlantic service, and the widely criticized sale of
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The airline was established as government-owned
Lietuvos Avialinijos (Lithuanian Airlines) on 20 September 1991, shortly after
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516:"flyLAL – Cheap direct flights to Vilnius and other European cities. Book tickets on internet! - About us - About flyLAL"
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for a symbolic sum of 1 litas in exchange for a state guarantee of its debt. The government declined the offer.
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Lithuania's main airline wants its luck to change, so that it can realise its bold ambitions
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196:. Due to financial difficulties the airline suspended operations on 17 January 2009.
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322:. It had 542 employees as of March 2007. As of December 2007, the airline had three
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192:. It operated domestic and international scheduled services from its main base at
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805:"Klausimų dėl "flyLAL" pirkėjo kyla ne tik Lietuvoje, bet ir Šveicarijoje"
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314:. In February 2007, flyLAL was recognized as most punctual airline at
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750:"Lietuvos atsakas Latvijai: įmonių ginčų politikai nesprendžia"
256:. From the beginning, the airline faced stiff competition with
764:""flyLAL" prognozuoja, kad keleivių srautas sumažės trečdaliu"
302:(LAL Investment Management), a wholly owned subsidiary of the
291:
275:. Six months later, the aircraft was leased directly from
267:
In
December 1991 Lithuanian Airlines sub-leased its first
724:„flyLAL“ lėktuvų parką papildė ketvirtas „Boeing 737-300“
346:
During 2008, FlyLAL-Lithuanian
Airlines suffered from a
778:"2008 metais "flyLAL" keleivių skaičius išaugo 61 proc"
213:
A Boeing 737-500 from
Lithuanian Airlines approaching
710:„flyLal" 51 proc. savo akcijų valstybei siūlo už 1 Lt
838:"Valstybė atsisakė keisti "flyLAL" skolas į akcijas"
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557:"flyLAL – Lithuanian Airlines AB ceases operations"
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31:flyLAL-Lithuanian Airlines (Lithuanian Airlines,
562:. flyLAL-Lithuanian Airlines. 16 January 2009.
228:. Initially, it operated using aircraft of the
736:""flyLAL" skraidino 14 proc. daugiau keleivių"
354:and slowing of the travel industry due to the
903:
633:. 16–22 June 1993. p. 54 (PDF p. 1)
601:. 16–22 June 1993. p. 53 (PDF p. 1)
338:, leaving only scheduled flights for FlyLal.
8:
294:20 million in debt, Lithuanian Airlines was
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1054:Lithuanian companies established in 1991
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791:Lithuania refuses nationalization offer
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410:Budapest Ferihegy International Airport
310:. The airline was subsequently renamed
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298:in 2005. The airline was acquired by
7:
569:from the original on 6 February 2009
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450:Madrid Barajas International Airport
1049:2009 disestablishments in Lithuania
660:. MBI Publishing Company. pp.
652:Sharpe, Mike; Shaw, Robbie (2001).
823:""flyLAL" turi naujus šeimininkus"
440:Sheremetyevo International Airport
279:and bore the registration LY-GPA.
25:
803:Utyra, Evaldas; Lukaitytė, Rasa.
522:from the original on 8 March 2008
868:
40:
1039:Airlines disestablished in 2009
695:The Economist Intelligence Unit
401:Frankfurt International Airport
205:Establishment and privatization
128:Gintarinės mylios (Amber Miles)
853:"Civilinės aviacijos kryžkelė"
674:– via Internet Archive.
518:. flyLAL-Lithuanian Airlines.
464:Boryspil International Airport
1:
1029:Defunct airlines of Lithuania
419:Vilnius International Airport
194:Vilnius International Airport
117:Palanga International Airport
105:Vilnius International Airport
1034:Airlines established in 1991
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998:FlyLAL-Lithuanian Airlines
431:Amsterdam Airport Schiphol
312:flyLAL–Lithuanian Airlines
1044:Former Aeroflot divisions
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27:Former Lithuanian airline
300:LAL Investicijų Valdymas
273:Malév Hungarian Airlines
222:Lithuania's independence
882:FlyLAL official website
360:Government of Lithuania
656:Boeing 737-100 and 200
382:
356:global economic crisis
277:Guinness Peat Aviation
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163:Vytautas Kaikaris, CEO
124:Frequent-flyer program
1008:Small Planet Airlines
877:at Wikimedia Commons
496:Small Planet Airlines
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262:Scandinavian Airlines
212:
1003:Lithuanian Air Lines
851:Gabartas, Renaldas.
631:Flight International
599:Flight International
544:Flight International
33:Lietuvos avialinijos
370:Former destinations
174:Lithuanian Airlines
36:
18:Lithuanian Airlines
952:Grand Cru Airlines
383:
218:
1016:
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873:Media related to
836:Lukaitytė, Rasa.
821:Lukaitytė, Rasa.
693:. March 4, 2008.
624:"Baltic Uprising"
592:"Baltic Uprising"
391:Innsbruck Airport
306:, for 27 million
232:fleet located in
215:Frankfurt Airport
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93:Ceased operations
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16:(Redirected from
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474:Gatwick Airport
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336:FlyLal Charters
316:Gatwick Airport
288:London Heathrow
238:Yakovlev Yak-42
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172:(also known as
101:Operating bases
96:17 January 2009
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380:Boeing 737-500
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269:Boeing 737-200
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242:Tupolev Tu-134
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635:. Retrieved
603:. Retrieved
571:. Retrieved
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546:3 April 2007
524:. Retrieved
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304:FlyLal Group
299:
281:
266:
248:, and three
226:Soviet Union
219:
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173:
169:
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149:Headquarters
141:Destinations
112:Focus cities
32:
427:Netherlands
330:, and four
188:, based in
155:, Lithuania
76:LITHUANIAN
1023:Categories
671:0760309914
637:3 December
605:3 December
573:3 December
526:3 December
502:References
456:(seasonal)
393:(seasonal)
342:Bankruptcy
296:privatized
180:) was the
160:Key people
133:Fleet size
993:Aviavilsa
930:Passenger
923:Lithuania
884:(Archive)
476:in London
442:in Moscow
415:Lithuania
378:A FlyLAL
352:airBaltic
348:price war
332:SAAB 2000
258:Lufthansa
224:from the
186:Lithuania
919:Airlines
564:Archived
520:Archived
490:See also
240:, seven
236:(twelve
230:Aeroflot
64:Callsign
971:Defunct
676:LY-GPA.
480:Georgia
466:in Kyiv
460:Ukraine
406:Hungary
397:Germany
387:Austria
326:, five
244:, four
234:Vilnius
200:History
190:Vilnius
153:Vilnius
85:Founded
988:Aurela
942:DAT LT
875:FlyLAL
668:
452:&
436:Russia
320:London
170:flyLAL
664:–52.
627:(PDF)
595:(PDF)
567:(PDF)
560:(PDF)
446:Spain
350:with
271:from
666:ISBN
639:2018
607:2018
575:2018
528:2018
422:Base
292:US$
260:and
176:and
88:1991
73:LIL
59:ICAO
54:IATA
921:of
318:in
286:at
184:of
178:LAL
70:TE
1025::
813:^
683:^
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615:^
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35:)
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
