Posted on 10/7/2016
On June 2, Lithuania’s Parliament, the Seimas, approved a draft law that will enable three state-owned airports to be managed by private concessions. The three Lithuanian gateways, Vilnius, Kaunas and Palanga handled 4.2 million passengers and 50,000 flights in 2015.
According to Lithuania’s Minister of Transport and Communications, Rimantas Sinkevičius, the concession project will not only help Lithuania develop the airports but also achieve significant results on the Baltic market. “The value of the aviation sector for the country’s economy is tremendous. I believe that this project will become another success story and enable succ...