VILMIUS - Lithuanian Court of Appeal has completely dismissed 12 years old claims of FlyLAL and its shareholders Vertas Management and VA Reals against airBaltic and Riga International Airport. FlyLAL and its shareholders had requested to award a compensation of approximately EUR 140 million over ungrounded accusations of driving the former airline out of the market.
Imants Jansons, airBaltic SVP Legal Affairs: “airBaltic welcomes the decision of the Appeal Court as it fully confirms that the claim was ungrounded. The rules of European Union competition law regulations may not be used to hide mistakes and failures of loss-making companies. airBaltic will always fight against wrongful accusations.”
"We know we can rely on the rule of law, but we want to remind that our main goal is to offer convenient air travel. We are particularly pleased that the number of our direct destinations from Vilnius increased last year. We will also resume flying as soon as we together overcome the Covid-19 crisis in order to promote economic recovery through the connectivity of the Baltic States,” Imants Jansons added.
Since the very beginning airBaltic and Riga International Airport claimed that the claims were ungrounded and contradicting both European Union competition rules and national laws. In 2016, Vilnius Regional Court agreed with airBaltic partially and refused to award any damages from EUR 87.5 million requested by Vertas Management and VA Reals, which was not appealed by the shareholders. Finally, having scrutinised all the arguments and evidence including the well-grounded opinion of the Lithuanian Competition Council on 30 March 2020, the Court of Appeal of Lithuania dismissed the claim of FlyLAL entirely. airBaltic will also comply with the requirements of Lithuanian law not to comment on confidential case materials.