Company briefs - 2006-08-16

  • 2006-08-16
Danish Air Lease acquired the sole plane of debt-ridden Air Lithuania, offering 2.7 million litas (780,000 euros) for the ATR42-300 auctioned off in July. Following repairs, the plane will be leased to Lithuania's carrier Dot LT for flights under wet-lease contracts within the European Union. Denmark's carrier Danish Air Transport is the single largest shareholder of Dot LT established back in 2003. The Civil Aviation Administration eventually revoked the license of Air Lithuania to operate air services in February this year.

Officials of Estonia's Economic Affairs and Communications Ministry met with representatives of Ryanair in Ireland and agreed on another meeting in Tallinn. A ministry spokesman said the meeting would most likely begin a long dialogue. "Both sides are interested in a positive solution. We want them to start flying, otherwise there wouldn't have been any reason to meet," said Tonis Lepp, deputy head of the ministry's aviation and maritime department. Estonia is currently the only European Union member country with no Ryanair destination.