newstodate.aero
OCT 08, 2003 (newstodate): Both SAS and Lithuanian Airlines deny rumours in Lithuanian media of a deal for Lithian Airlines' subsidiary, Air Lithuania.
Air Lithuania is among the airline subsidiaries poised for privatization and sale, as earlier reported by newstodate.
-The privatization process has only just taken its first step and it is definitely too early to speak of any future decisions at this stage, says Giedrius Sniukas, Lithuanian Airlines communications manager.
SAS is already a major stock-holder in Estonian Air and airBaltic, but withdrew its bid earlier this year on Lithuanian Airlines in the airline's privatisation drive that has since then been stalled.
According to sources in the Lithuanian market, a SAS take-over of Lithuanian Airlines' subsidiary Air Lithuania would be considered a most "unexpected" move.
Air Lithuania is among the airline subsidiaries poised for privatization and sale, as earlier reported by newstodate.
-The privatization process has only just taken its first step and it is definitely too early to speak of any future decisions at this stage, says Giedrius Sniukas, Lithuanian Airlines communications manager.
SAS is already a major stock-holder in Estonian Air and airBaltic, but withdrew its bid earlier this year on Lithuanian Airlines in the airline's privatisation drive that has since then been stalled.
According to sources in the Lithuanian market, a SAS take-over of Lithuanian Airlines' subsidiary Air Lithuania would be considered a most "unexpected" move.