CORPORATE

Lithuanian parliament sets conditions for international airport concessions

The Seimas adopted the Lithuanian airports concession law on Thursday which establishes the legal and organizational conditions for the concessions for the country’s international airports. The concession will be granted through an open public tender […]

Vilnius Airport
Economy

Experts warn highest bidder not best as Lithuania seeks operator for airports

Lithuania is seeking private companies to compete for a concession deal to run the country’s three international airports but aviation experts warn that the highest bidder might not be the right choice. […]

Lithuanian airports losing race for regional domination to Riga

Direct air transport effect on Lithuania‘s economy in 2013 reached 86 million euro, or 0.25 percent of GDP. However, it is only the tip of the iceberg, since the total sum of direct, indirect, induced effects and the broader economic benefits from air transport effect in Lithuania would be 870 million euro, or 2.5 percent of GDP. […]

Economy

Lithuanian airports bring in consultants to assist in concession project

Lithuanian airports announced a public tender regarding the advisory services for the concession project. The consultant is expected to advice on all financial, tax, legal and technical issues arising in the drafting of the concession project. It is planned that Lithuanian airports will commence work with the selected consultant from Lithuania or abroad starting with January next year, Vilnius Airport reports. […]

No Picture
Economy

Lithuanian airports step up search for explosives

Passenger screening procedures have been stepped up at the Lithuanian airports in Vilnius, Kaunas and Palanga since September 1, with some of the passengers subjected to additional checks for possible contact with explosives. […]