Latvian airline airBaltic has carried 2,770,047 more passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East in the first eight months of 2018. In August airBaltic carried 440,562 passengers, up by 14% YoY. In addition to that, airBaltic carried 18% more passengers in this year’s summer season than last year, setting a…
Azerbaijani President Ilham Aliyev has signed an order to provide funds for the construction of Bujag-Mukhas-Bash Dashagil road in Oghuz region. Under the presidential order, the Azerbaijan Highway State Agency is allocated 9.4 million manats for the construction of the road connecting four residential areas with a total population of 4,000 people. (AzerNews/Business World Magazine)
Changes implemented to Tartu-Helsinki flight schedules this April have not had a positive impact on passenger numbers at Tartu Airport. While August 2016 saw nearly 2,800 passengers on flights served by Tartu Airport, just 2,003 passengers flew on the airport’s Tartu-Helsinki-Tartu route last month. Over the past two years, the decline in passenger numbers has…
Port of Tallinn (AS Tallinna Sadam) says its shares have been listed on the OMX Nasdaq Tallinn Stock Exchange in the Baltic Main List since June 13. The trading symbol of the shares is TSM1T and the number of common shares outstanding is 263,000,000, of which 176,295,032 (67,03%) is owned by the Republic of Estonia…
Ukrainian Infrastructure Minister Volodymyr Omelyan has said that PJSC Ukrzaliznytsia will not sustain financial losses in the event of termination of railway services with Russia. “These eight trains, which now run in the Russian direction, could have become a significant relief for Ukrainian citizens who want to travel inside the country. They would generate at…
Transport Minister Rokas Masiulis says that Latvians’ demand that Lietuvos Gelezinkeliai (Lithuanian Railways, LG) pay them over 82 million euros for the dismantling of a railway track to Renge a decade ago has come as a surprise to him and more: it was “a stab in the back”, according to him. LG said that it…
Freight volume handled in the Port of Liepaja in January-August climbed by 19.3% YoY, to 4,976,200 tons, the Port Authority says. In the reporting period, transshipment of grain grew by 42%, to 2,066,500 tons, construction materials – by 10%, to 482,100 tons, while transshipment of oil products fell by 16.5%, to 222,900 tons. Container traffic…