The official statement

Published: 21 February 2003 y., Friday
The Lithuanian State Property Fund (SPF)officially confirmed that the Scandinavian Airlines System (SAS)is taking part in a tender for the sale of 34 percent of shares in the national air carrier Lietuvos Avialinijos (Lithuanian Airlines, or LAL). According to the statement, the SPF sent a letter to Lars Lindgren, senior vice-president of SAS, saying that the potential buyer complies with the qualification criteria defined in the program for LAL' privatization. The Finnish air carrier Finnair had also expressed keen interest in LAL' privatization, but following the expiry of the deadline of Feb. 7 to submit applications for the privatization tender, Finnair announced to have cancelled its plans. SAS is the world's 15 biggest airline, owning about 200 airplanes and covering over 90 routes per day. Last year, SAS carried over 22 million passengers.
Šaltinis: parex.net
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Central Government Debt in January

According to the data presented by the Ministry of Finance, in end-January central government debt made up LTL26, 310.8 million or 28% of projected GDP for 2010 (LTL 93, 819 million). more »

China crisis getting worse

As far as countries affected by the economic crisis, China fared extremely well. more »

State aid: Commission authorises temporary Slovak scheme to grant limited amounts of aid of up to €15,000 to farmers

The European Commission has authorised today a Slovak scheme with a budget of approximately €3.32 million which aims at supporting farmers in Slovakia who encounter difficulties as a result of the current economic crisis. more »

Europe 2020: Commission proposes new economic strategy

Commission sets out a 10-year strategy for reviving the European economy, casting a vision of ‘smart, sustainable, inclusive' growth rooted in greater coordination of national and European policy. more »

Europe 2020: Commission proposes new economic strategy in Europe

The European Commission has launched today the Europe 2020 Strategy to go out of the crisis and prepare EU economy for the next decade. The Commission identifies three key drivers for growth, to be implemented through concrete actions at EU and national levels. more »

EU Aid Programme for Turkish Cypriot Community

Launching of the “SCHOOLS’ initiative for innovation and changes” Grant scheme. more »

Transaction tax and debt moratorium needed to meet development needs, say MEPs

EU Member States must not only deliver on their international aid pledges, but also bring in a financial transactions tax and a temporary debt moratorium, to help developing countries to cope with the effects of the global financial and economic crisis, said the Development Committee on Monday. more »

EBRD offers new funds to promote sustainable energy investments in Slovakia

The EBRD is increasing its commitments to promote sustainable energy projects in Slovakia with a new €90 million funding under the existing Slovakia Sustainable Energy Finance Facility (SLOVSEFF) to ensure continuous implementation of energy efficiency and small renewable energy projects. more »

During 2009 Bank SNORAS earned LTL 8.7 million profit

According to the unaudited data, in 2009 AB Bank SNORAS earned LTL 8.7 million profit. The bank’s assets grew by 11 per cent up to LTL 6.342 billion during 2009 and were by LTL 647.8 million larger than at the beginning of 2009. more »

Airport charges: security is Member States' responsibility, say MEPs

Aviation security measures that go beyond common EU requirements should be paid for by Member States, not by passengers, said Transport Committee MEPs in a vote on Monday that could put Parliament on a collision course with the Council of Ministers. more »