Infos aus dem Baltikum: Swiss Holding übernimmt Flylal

[connie_lover]

Lithuania's Troubled FlyLAL Sold To Swiss Capital Holdings

 

 

VILNIUS, Lithuania (AFP)--Lithuania's troubled flag carrier FlyLAL, which has been seeking a suitor for months, announced Friday it had been sold to the Zurich-based group Swiss Capital Holdings.

 

"The contract for the acquisition of 100% of the shares was signed today," FlyLAL spokeswoman Gintare Rimkuviene told AFP. "It will come into force on Jan. 23."

 

Rimkuviene declined to give details of the sum involved or the terms of the contract.

 

The Lithuanian news portal Delfi, which is considered well-informed, said sources had told it the airline's price tag was $1 million. In addition, Delfi said, EUR1 million would be paid to Vilnius' international airport, to which FlyLAL is in debt.

 

FlyLAL confirmed talks with the Swiss investor had begun late in 2008 and the goal was to maintain the carrier's status as a regional airline.

 

FlyLAL is the market leader in Lithuania, a Baltic state of 3.4 million people. The company increased its passenger numbers by 52% in 2008 but has nonetheless been struggling.

 

Arunas Staras, Lithuania's deputy transport minister, last month blamed tough competition from airBaltic, which is based in neighboring Latvia, as well as the effects of high fuel prices and the global financial crisis.

 

FlyLAL was privatized in 2005, with Lithuanian groups ZIA Valda, Indeco, Sanitex and VA REALS holding stakes of 40.73%, 27.15%, 22.63% and 9.49% respectively.

 

In 2007, it posted a loss of 8.1 million litai (EUR2.35 million) on revenues of LTL262.9 million.

 

FlyLAL's debts are currently around 89 million litas.

 

In an attempt to tackle its financial problems, FlyLAL at the beginning of this year suspended direct flights to France, Italy and Turkey.

 

In December, the airline had sought government aid, proposing to sell the authorities a 51% stake for a symbolic LTL1 but the Transport Ministry rejected the idea.

 

(END) Dow Jones Newswires

01-09-090941ET

Copyright © 2009 Dow Jones & Company, Inc.

 

 

Vor 2 wochen war ich noch in Litauen, wo die Ground Service in Vilnius Flughafen den Service für Flylal einstellte. Dank den Schweizern wird Flylal vom konkurs gerettet.

 

Hier paar Bilder von Riga Lidosta

 

 

 

 

 

[ArminZ]

Vor 2 wochen war ich noch in Litauen, wo die Ground Service in Vilnius Flughafen den Service für Flylal einstellte. Dank den Schweizern wird Flylal vom konkurs gerettet.

Danke für die Bilder (das Museum 'Rīgas aviācijas muzejs' liegt ja direkt am Rigaer Flughafen [=lidosta]).

 

Apropos 'Schweizer Retter':

 

http://www.baltictimes.com/news/articles/22092/

 

SCH Swiss Capital Holdings, which introduces itself as an industrial holding, was established in the Bahamas in 1977. In 2003 the headquarters of the company were moved to the UK, and in 2008 to Switzerland.

 

In December the shareholders of FlyLAL offered a 51 percent stake in the company to the state for a symbolic price of 1 litas and asked for state guarantees for a 30 million litas (EUR 8.7 mln) loan. However, the Transport Ministry refused to aid the carrier.

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[flowmotion]

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Bearbeitet 2. Oktober 2019 von flowmotion

[CarstenB]

Die Schweizer haben es sich anders überlegt und steigen nicht ein. FlyLAL hat deshalb den Betrieb eingestellt.

S. flylal.com

[connie_lover]

Tja leider..

 

 

Hoffe das jetzt Air Baltic dann das Netz erweitert..

 

 

Gruss

kaly

[zonk]

FlyLAL Charter ist übrigens nicht betroffen und fliegt ganz normal weiter!

[flowmotion]

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Bearbeitet 2. Oktober 2019 von flowmotion