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Lithuania merges three airports into one

Jul 01, 2014
From wire reports, VILNIUS

Lithuania merges three airports into one

Lithuania's three airports have merged in to one as part of long term plans to streamline air travel in the country.

State Enterprise (SE) Kaunas Airport and SE Palanga International Airport will be merged into SE Vilnius International Airport, with the latter entity taking over rights, obligations and contracts of the two remaining airports. 

SE Vilnius International Airport will change its name to SE Lithuanian Airports (Lietuvos Oro Uostai) as part of the new plans. SE Lithuanian Airports will be structured as a company with three branches – Vilnius Airport, Kaunas Airport and Palanga Airport. All three airports shall continue operations under the Lithuanian airport network.

SE Kaunas Airport and SE Palanga International Airport will cease to exist as separate legal entities after the merger. Vilnius airport, Kaunas airport and Palanga airport shall continue their operations uninterrupted in full scope, ELTA reports.

It's hoped the merger will create an airport network of three Lithuanian airports, with the most noticeable result an coordinated approach to developing Lithuanian airports, serving the needs of all types of customers and combining resources of infrastructure as well as knowledge and experience of airport professionals.

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