Raidla Lejins & Norcous carried out the Baltics M&A Monitor survey jointly with mergermarket, an independent mergers and acquisitions intelligence service which belongs to the Financial Times group. This was the first survey of its kind in the Baltics, providing an in-depth overview of M&A deals completed in 2011 in Lithuania, Latvia and Estonia and M&A outlook for 2012.

The Baltics M&A Monitor survey is available here.
 

20 years ago Scandinavian Airlines SAS were the first Western Airline company to start its regular operations in Lithuania after the country regained its independence. The first SAS plane from Copenhagen landed at Vilnius airport on January 27, 1992.

Back in 1992 SAS started its regular operations in Lithuania with the 5 weekly flights on the route Copenhagen – Vilnius. Later the number of flights had been progressively increased. In 2004 airline company started its operations on the route Copenhagen – Palanga. In Palanga SAS also became the first international aviation company to start its operation at this airport. On January 11, 2010 SAS re-opened the route Vilnius – Copenhagen and on October 31, 2011 SAS opened a new route Palanga – Oslo.

Now SAS is operating 19 weekly flights between Vilnius and Copenhagen, 13 weekly flights between Palanga and Copenhagen and 2 weekly flights between Palanga and Oslo; 34 weekly flights in total.

“Lithuanian market had always been important for Scandinavian Airlines SAS, our company had always been developing its operations here in line with the customer demands and our competitive business advantages. As I‘m working with the company since its first days in Lithuania, I can firmly state that during these 20 years SAS contributed significantly to the development of business relationship between Lithuania and Scandinavian countries just as well as to the development of travel industry“, said Ruta Juciene, SAS Representative Manager Lithuania.

According to Ms. Juciene, during all those years Scandinavian Airlines SAS fostered the same values: attention to the customer, especially in the area of punctuality, issues of ecology, development of the latest technological solutions and seeking for the leadership position in all these areas.

During the last 20 years SAS brought to Lithuania quite a few members of Scandinavian Royal families, numerous politicians, diplomats. Business people from Scandinavian countries as well as from Lithuania also favour these airlines. In addition, since this year SAS will pay more attention to the leisure travelling by the way of offering more holiday destinations. From those, the most relevant destinations for the Lithuanian travellers since March onwards will be the direct flights from Copenhagen to Malaga, Split, Katowice, Dubrovnik as well as to Shanghai, also direct flights from Oslo to Antalya and Faro.
 

Scandinavian Airlines has officially been named Europe’s most punctual airline, for the third year in a row, by the independent source Flightstats. SAS was also the world’s third most punctual airline after Japanese airlines ANA and JAL. For 2011, 88.22% of all SAS flights arrived on time.

“We are very pleased to once again be named Europe’s most punctual airline and remain Europe’s most reliable airline for the third year in a row. All our employees do their utmost every day to ensure that every flight meet our customers’ expectations and offer them the most value for time and money. To also be the world’s third most punctual major airline really confirms that we are a world-class airline,” says Ruta Juciene, Scandinavian Airlines Representative Manager Lithuania.

Out of SAS’ 239,320 flights in 2011, 208,972 arrived on time. The arrival statistics for 2011 is also an improvement of 2010’s punctuality of 86.47%. In 2009, SAS’ punctuality record was 89.83% and in 2008 it was 83.92%

All data is provided by the independent source Flightstats. Flightstats track the performance of over 150,000 flights per day, archive the data for analysis and publication, and provide real time flight status to millions of travelers worldwide each day. For more information about Flightstats, please visit www.flightstats.com. SAS is included in the category major airlines.

 

The magazine "Danbaltic magazine" contains interesting articles and interviews. There you can found information about business, tourism, culture in Lithuania. Moreover, very beneficial information from commercial life around activities between Lithuania and others countries. The magazine is published by www.danbaltic.com company new owner John Vestergaard. The magazine is written in English and Lithuanian language. It will be distributed with 5000 pieces in Lithuania and 20,000 pieces in Denmark to selected business associations, golf clubs, tourist sites, embassies and many other business organizations, which want to have business not only in Lithuania but also be visible in other countries. The magazine is colorful, prepared in a high quality and noticeable.

The magazine will be a new and improved version of the earlier Magazine “Dansk i Litauen”.

For more information please contact:
Kamilė Ščavinskaitė
UAB Danbaltic Group
+370 601 608 48
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