Estonia
Latvia
Lithuania
Business
Opinion
Analysis
Entertainment
Regional
 E-mail this article   Print this article   Comment this article   

Court uphold seizure of airBaltic assets

Jan 02, 2009
TBT Staff in cooperation with BNS

VILNIUS - Lithuania's Court of Appeals has upheld the seizure of almost 200 million litas (57.97 million euros) in assets of Latvia's airline airBaltic and Riga Airport. However, the court also revoked the order on the seizure of the funds of airBaltic and Riga Airport in banks and overturned prohibitions for the respondents to offer and receive special discounts at the airport, whichLithuania's flagship carrier FlyLAL-LithuanianAirlines strongly objects to. "In the opinion of the Lithuan ...

The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you do not have a membership yet - please subscribe
SOCIAL BOOKMARKS:   Delicious   Digg   Reddit   Ask   Facebook   MrWong   Netvouz
 SUBSCRIBERS AREA
 SUBSCRIPTION
The Baltic Times is a cost-effective way of staying in touch with the latest Baltic news and views, enabling you full access from anywhere with an Internet connection.




 MORE NEWS
  • Company briefs...
    After losing the contracting work commission for the new border guard ship for Est...
  • airBaltic strategy criticized ...
    TALLINN - Estonian Air deputy president in charge of commerce Rauno Parras noted t...
  • Snoras moves to fill lending g...
    VILNIUS - Snoras Bank, Lithuania’s fifth biggest bank by assets, wants to bo...
  • EBRD funding energy upgrade...
    RIGA  - The European Bank for Reconstruction and Development increased its...
  • Estonian Energy to open high t...
    TALLINN - The construction of a new waste-to-energy type power plant will start...
  • Tourism sector welcomes VAT cu...
    RIGA - Latvia’s ruling coalition parties agreed on March 15 that the valu...
    • Riga Apartments for Rent
    CityPaper - your travel guide

    © 2009 BALTIC NEWS LTD. All Rights Reserved.
    DEVELOPED BY Your Web Solution

    RESOURCES:   Baltics | Latvia | Lithuania | Estonia | Business news | Finance news | Regional news | Riga Latvia | Tallinn Estonia | Vilnius Lithuania