russian aerospace MIG SUKHOI KASKOL AEROFLOT

You are looking at the Concise Aerospace Archive

Please Click Here for the latest Russian Aerospace Articles

Sukhoi
Kaskol
Aeroflot
Saratov Airport
Saratov Airline
Saratov Aircraft Manufacturers
Sibir
Volga-Dnepr
Atlant-Soyuz
Krasnoyarsk
Perm
Pulkovo
Vladivostock Airlines
Domodedevo Airport
Saturn
Klimov
Mil
Progress
Ilyushin
Tupolev
MIG
Sheremetyevo Airport
Rybinsk
Venukova Airport
Pukova Airport
Transaero
Polet
Kamov
Tapo
Napo
Irkut
Russian Regional Jet
RRJ
Yak
knAPPO
UT-Air
Antonov
IAPO
Vaso
Krasair
Sibirian Airlines
Gidromasch
Aviastar
Aviakor
Aviacor
Tolmachevo Airport

Lithuanian Airlines see 21% rise in traffic in 2000

Whether proftabiltiy will follow remains unclear (120 words)

Published: 1/12/2001

Lithuanian Airlines (LAL) has reported that it experienced a 21% increase in passenger volumes in 2000 LAL carried 294,800 passengers last year (up from 244,000 in 1999), according to LAL's International Contracts Group. The company's load factor rose from 44.48% in '99 to 54.51% in 2000. LAL's flights were up by 2%, to 4,285 flights. Despite the carrier's strong growth in traffic during the year, by October, the airline was reported to be losing money. It has encountered currency problems due to the pegging of the Lithuanian litas to the US dollar, while taking most of its revenues in weakened Euro denominated currencies; a situation compounded by the rises in fuel prices. Slight changes may have gone some way to ameliorating the situation.

Article ID: 2283

Website a ParadoxCafe - CanvasDreams co-production