Creditors to decide on Air Lituanica’s bankruptcy in late June
Air Lituanica skrydis į Hamburgą
Foto: Bendrovės archyvas
Creditors of Air Lituanica, a defunct airline established by the city of Vilnius, will decide on the company’s bankruptcy at a meeting due on June 25.
Air Lituanica CEO, Nerijus Jukna, will ask for the creditors’ approval for an out-of-court bankruptcy process, the airline has said in a press release.
“Consultations with the company’s largest creditors have shown that they see no obstacles for an out-of-court bankruptcy procedure, t