Bankruptcy proceedings for the financially stricken Lithuanian airline Small Planet Airlines have been launched, with information from the Center of Registers showing that Vilnius Regional Court initiated them on January 7. Small Planet Airlines CEO Kristijonas Kaikaris said the move was aimed at securing protection from creditors as the company no longer received revenue after…
Ukraine’s low-cost airline SkyUp plans to perform direct flights between Lviv and Odesa and filed a request for the necessary slots. According to the schedule published on the website of the Odesa airport, flights are to be conducted on Boeing 737-800 aircraft three times a week from June 2. At the same time, SkyUp said…
Public transport in Tallinn is currently free for all registered residents of the capital city. The coalition Centre Party, however, intends to expand free public transport in Tallinn to all Estonian residents, part of a broader effort to ultimately provide free transport throughout Estonia. According to Centre Party board member Toomas Vitsut, the time has…
Azerbaijani President Ilham Aliyev has signed an Order regarding measures to construct Zardab-Garavalli road in Zardab. Under the presidential order, the Azerbaijan Highway State Agency is allocated 3.9 million manats for the construction of the road connecting six residential areas with a total population of 7,000 people. (AzerNews/Business World Magazine)
In December 2018 AS Tallink Grupp transported 811,261 passengers, down by 0.5% YoY. The number of cargo units decreased by 4.4%, to 27,076 units and the number of passenger vehicles by 3.3%, to 84,814. In the fourth quarter of the 2018 financial year (October – December) AS Tallink Grupp transported 2,251,084 passengers, down by 2.8%…
Uzbekistan is negotiating to attract Germany’s Deutsche Bahn for reforming Uzbekistan Railways. “Now we are working with Deutsche Bahn, a German state-owned company, the world’s largest railway freight carrier. We are now negotiating with them to attract their experts and consultants to develop a strategy for further activities of Uzbekistan Railways,” said Laziz Kudratov, the…
Freight volume handled in the Port of Liepaja in 2018 climbed by 24.4% YoY, to 7,537,600 tons, the Port Authority says. In the reporting period, transshipment of grain grew by 20.9%, to 3,034,400 tons, anthracite – by 22.6%, to 1.47 million tons, and construction materials – by 21.9%, to 762,400 tons, while transshipment of oil…