WALLESS advised Lithuanian Airports on a strategic initiative

Enhancing Lithuania’s air accessibility with a pioneering partnership, which will revolutionize air travel in Lithuania and will drive our economic growth. Lithuanian Airports, in collaboration with the Ministry of Transport and Communications, is introducing a new incentive model for scheduled flights between Vilnius (VNO) and London City (LCY) airports.

This strategic initiative aims to increase Lithuania’s air connectivity and unlock new business opportunities. Under this innovative risk-sharing partnership model, the selected airline and Lithuanian Airports will jointly bear the financial risks and benefits of operating the flights.

At WALLESS, we’re excited to have provided essential legal services and drafted crucial documents for this initiative. Our team members, WALLESS Partners Laura Ziferman, Dr Darius Miniotas, Associated partner Marius Dobilas and Associate Paulina Ambrasaitė, advised and supported Lithuanian Airports throughout the process.

Find more here: https://rb.gy/aju47