Posts tagged as Lietuvos Oro Uostai

Turkish Airlines to resume Vilnius–Istanbul flights

Wednesday, October 14, 2020

Turkish Airlines plans resume flights between Vilnius and Istanbul, according to the carrier and Vilnius Airport. Turkish Airlines plans to relaunch the flights after Lithuanian citizens no longer need to self-isolate in Turkey or when returning to Lithuania. Flights will take place three times a week, according to Lietuvos Oro Uostai (Lithuanian Airports). In July, the airport operator  said the country’s aviation industry was “climbing out of a deep hole” after…

Vilnius-London City flights a success, but won’t turn profitable for another few years

Monday, September 2, 2019

Direct flights from Vilnius to London City, launched by Polish airline LOT in May, have lived up to expectations, according to Vilnius Airport operator Lietuvos Oro Uostai (Lithuanian Airports). However, the route may become profitable only in several years. The passenger load factor is going up every month, the operator said, and now stands at around 68 percent. “It has, obviously, lived up to our expectations. The direction was important…

EUR 130 mln to be invested into Vilnius Airport over 4 years

Thursday, May 23, 2019

Around 130 mln euros will be invested into the expansion and reconstruction of Lithuania’s largest Vilnius Airport over the next four years, until 2022, and annual revenue of Lietuvos Oro Uostai (Lithuanian Airports, LOU), the sate-run operator of three airports in Lithuania, is set to grow by around 43% to 63 mln euros. The company’s EBITDA margin is forecast to increase by 45-56% in 2019-2022, from 40 percent last year,…

Lithuanian airports post 50% growth in passenger numbers

Saturday, September 15, 2018

Lithuania’s three international airports saw their total passenger numbers surge by 50% in August 2018 compared with a year ago as flight numbers jumped by almost 29% , informs LETA/BNS referring to the Lietuvos Oro Uostai (Lithuanian Airports). The airports handled over 600,000 passengers, some 200,000 more than a year ago, the company said, attributing the growth to the increased frequency of flights and to larger aircraft used on some routes.…