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Lithuanian Airports’ First-Half Results: Revenue and Adjusted EBITDA Increase as Infrastructure Investment Continues Lithuanian Airports (LTOU) generated nearly EUR 37 million in revenue in the first half of 2026, according to unaudited data, representing a 9% increase compared to the same period last year. The company’s adjusted EBITDA[1] rose by 5% compared to the first half of 2025, reaching EUR 11.7 million. These financial results enable the operator of Vilnius, Kaunas and Palanga airports to continue investing consistently in infrastructure and service development. During the first six months of this year, the three airports handled 3.6 million passengers, 9% more than in the same period last year. The number of flights increased by 5%. Non-aviation activities accounted for a significant share of the company’s growth, generating nearly EUR 14 million in revenue during the first half of the year, approximately 13% more than a year earlier. Growth in non-aviation revenue was driven by the expansion of commercial space, rental activities, car parking and other passenger services. “The steady growth in passenger and flight volumes is also reflected in our financial results. Increasing revenue and profitability enable us to continue investing in infrastructure, an improved passenger experience and the long-term competitiveness of the entire Lithuanian airport network,” says Gintarė Norvilaitė-Tautevičė, Acting CEO of Lithuanian Airports. In the first half of the year, LTOU invested EUR 17.5 million in infrastructure development and modernisation, almost 20% more than during the same period last year. Among the most significant investment projects is the new VNO Plaza, which opened at Vilnius Airport in June. Covering more than 3,000 square metres, the commercial space features retail and dining facilities, with the largest duty-free store in the Baltic States at its centre. The project not only enhances the passenger experience and helps manage passenger flows more efficiently, but also contributes to significant growth in non-aviation revenue. The reconstruction of Vilnius Airport’s former departure terminals is also ongoing, while the project for the future arrivals terminal is being developed in cooperation with the international architectural firm Zaha Hadid Architects. During the first half of the year, production also began on 12 electric buses that will be used to transport passengers within the airport premises. The buses are expected to enter service in autumn this year. The project will contribute to more sustainable and environmentally friendly airport operations. At Kaunas Airport, a multi-storey car park with more than 900 parking spaces was completed in the first half of this year. Projects to modernise terminals, technological systems and specialised vehicles are also continuing. To improve the passenger experience, Lithuanian Airports also launched its redesigned website this year, featuring a new interactive route map that helps travellers quickly and easily plan their future journeys.

2026 09 03 More

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Kaunas Airport Opens New Multi-Storey Car Park Kaunas Airport has opened a new multi-storey car park with more than 900 spaces, where passengers will not only be able to park their vehicles but also enjoy views of the airport’s runway. The new car park covers a total area of 25,000 square metres and offers 912 parking spaces, including 96 designated for people with individual needs. It also features 10 spaces for electric vehicles equipped with charging stations, with a further 10 spaces planned for future installation. With the opening of the new facility, the total number of parking spaces in the airport’s vicinity has increased by approximately 60%, reaching 2,445. One of the highlights of the new facility is the panoramic view of the runway from its top floor. This is the first infrastructure space of its kind at Kaunas Airport, offering passengers, accompanying visitors and aviation enthusiasts the opportunity to watch aircraft take off and land. During the first seven months of this year, Kaunas Airport handled 974,000 passengers, almost 6% more than during the same period last year. Passengers can currently choose from 26 destinations served from Kaunas. “Kaunas Airport is now an important transport hub for the entire region, with both passenger and flight numbers growing rapidly. This means we must also expand our infrastructure. The new car park not only helps address the demand for parking spaces and provides greater convenience for passengers, but also meets the needs of staff working for aircraft maintenance and repair companies and other partners operating at the airport,” says Gintarė Norvilaitė-Tautevičė, Acting CEO of Lithuanian Airports. Lithuanian Airports invested EUR 10 million in the new car park infrastructure. Construction works were carried out in cooperation with KRS, while the new facility is operated by Stova, the company behind the Unipark brand. A seven-year agreement has been signed with the operator. The new car park features a digitalised automatic number plate recognition system that scans vehicle registration plates upon entry and exit. Passengers can pay conveniently at self-service payment machines, via the mobile app or by reserving a parking space online in advance. The car park incorporates modern and durable infrastructure solutions, including waterproofing between floors and stainless-steel expansion joint profiles. The ascending and descending ramps follow an S-shaped trajectory to ensure convenient and easy vehicle movement between floors. Epoxy paints have been used for parking space and traffic markings to ensure greater surface durability.

2026 08 27 More

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Wizz Air announces a new route from Lithuania: flights to Berlin Information prepared by Wizz Air: Wizz Air, the second largest airline by market share in Lithuania announces a new route from the country: starting 27 October 2026, the airline will launch direct flights from Vilnius to Berlin, Germany. Fares start from EUR 29.99. Tickets are already available on Wizz Air's official website and via the WIZZ mobile app. Flights to Berlin will operate three times per week – every Monday, Wednesday and Friday. Berlin, Germany's vibrant capital, is renowned for its fascinating history, iconic landmarks and thriving cultural scene. From the Brandenburg Gate and Museum Island to its diverse neighbourhoods, culinary experiences and dynamic nightlife, the city offers something for every traveller. Whether planning a weekend getaway, a business trip or a longer stay, visitors can enjoy Berlin's unique blend of heritage, creativity and modern urban life. "Wizz Air is delighted to continue expanding travel opportunities for passengers from Lithuania by introducing direct flights to Berlin. This new route reflects our commitment to strengthening connectivity from Vilnius while offering even more affordable and convenient travel options across Europe. Whether travelling for business, leisure or to visit friends and family, we are confident Berlin will become a popular destination among Lithuanian travellers," says Salvatore Gabriele Imperiale, Corporate Communications Manager at Wizz Air. "We are delighted to see our long-term aviation partners Wizz Air improve connectivity with Berlin. The upcoming thrice-weekly service will not only cater to the needs of those travelling for leisure, to visit friends and relatives, or for business, but will also offer more Berliners the opportunity to visit Lithuania", states Rūta Sinkevičiūtė, Head of Route Development at Lithuanian Airports. Since its first flight from Kaunas to Warsaw in 2005, Wizz Air has carried more than 14 million passengers to and from Lithuania, becoming one of the country's leading low-cost airlines. The airline currently offers 26 routes to 19 countries from Lithuania. As part of its commitment to reducing its environmental impact, Wizz Air operates one of the youngest and most fuel-efficient fleets in the aviation industry, reinforcing its position as a responsible industry leader.

2026 07 09 More

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Gintarė Norvilaitė-Tautevičė appointed as Lithuanian Airports’ interim CEO Lithuanian Airports (LTOU) have announced that after Simonas Bartkus leaves his position of Chief Executive Officer (CEO) on 3 July, the company that manages the three airports in Lithuania will be temporarily managed by the company’s Chief Commercial Officer (CCO), Gintarė Norvilaitė-Tautevičė. On 3 July, after the current CEO of LTOU, Simonas Bartkus, concludes his work in the position, from 4 July, the company's CCO, Gintarė Norvilaitė-Tautevičė, will take up the position of interim CEO. "I am grateful for the opportunity to work alongside Simonas Bartkus over the past few years, who has contributed to significant changes in our country's airports. At the same time, I thank for the trust to temporarily lead the company until a new person is elected for this position. During this transitional period, my main goal will be to maintain the stability of the company's operations by continuing all set goals, as well as infrastructure development," says Gintarė Norvilaitė-Tautevičė, Acting CEO of Lithuanian Airports. The new CEO of LTOU will be elected by the newly formed board, which is scheduled to start work in August. The formation of the company's board is supervised by the Ministry of Transport and Communications of the Republic of Lithuania.

2026 07 03 More

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Lithuanian Airports set another all-time record in June as passengers grow by 11% Lithuanian Airports (LTOU) have reported that in June, Vilnius, Kaunas and Palanga airports jointly served almost 742 thousand passengers and set another all-time record. In the first month of the calendar summer, all three airports received record passenger flows which grew by as much as 11 percent compared to June last year. In May, LTOU served almost 735 thousand, in June – the Lithuanian Airports network continued to maintain record growth trends and provided services to 741.8 thousand passengers. This is as much as 11.2 per cent more than in June last year. According to LTOU data, passenger flows in the first half of this year are higher compared to the first half of the previously record-breaking year 2025. Each month of the first half of this year brought new all-time records to Lithuanian Airports. The largest growth in June was achieved by Vilnius Airport – 13.1 per cent. More than 547 thousand passengers chose this airport for their trips. Kaunas Airport also increased its flows significantly (by 6.4 per cent), ensuring comfortable travel for almost 156 thousand passengers. In June, the number of passengers at Palanga Airport also grew, reaching almost 39 thousand. – 4.8 per cent more compared to the same period last year. All three airports not only maintained the growth of passenger traffic in June, but also exceeded the records achieved in the same period last year. "We are glad that June brought another all-time record to Lithuanian Airports. Despite the duration of June – only 30 days, we managed to achieve double-digit growth of 11 percent across the entire network. This means that all six months of this year have set a new record for us, which reflects the unfading desire to travel and get to know the world through new and already popular destinations," says Simonas Bartkus, CEO of Lithuanian Airports. In total, 9.4 percent more flights took place on the LTOU network in June 2026 than in the same month in 2025. In June of this year, LTOU served almost 5.8 thousand. flights, most of them – over 4.2 thousand. – At Vilnius Airport. The number of flights served grew at all three airports in June, while the most significant growth (11.1 per cent) was also recorded at Vilnius Airport.

2026 07 02 More

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AIRINN Vilnius Airport Hotel completes renovation AIRINN Vilnius Airport Hotel, located next to the passenger terminal of Vilnius Airport, has announced the completion of the reconstruction of the building. The expanded hotel, which has 150 rooms and now accommodates 330 guests, has been renovated both internally and externally. More than 10 million EUR has been invested in the reconstruction project. As passenger flows grow, so does the need for services The modernized hotel is an important part of Vilnius Airport's infrastructure, especially in adapting to the growing passenger flows. "The hotel next to the terminal is important for passengers who choose early flights. This service is particularly relevant for business, holiday travellers and guests coming to Vilnius. After the reconstruction, the hotel can offer more rooms, and the renovated building systems allow for more energy efficiency. Practical details are also important for passengers – the hotel has flight information screens, and breakfast is served from 3 a.m.," says Simonas Bartkus, CEO of Lithuanian Airports, noting that the demand for comfortable accommodation services is consistently increasing along with passenger flows. The aim of the renovation of the hotel was not only to improve the technical condition of the building and the quality of services, but also to ensure that the entire building complex near the terminal would look more integrated. Bartkus adds that the renovation of the hotel's façade was coordinated with other works carried out at Vilnius Airport, such as the reconstruction of the central square and the new Departures terminal. The hotel has become more spacious and sustainable During the reconstruction, an additional 25 hotel rooms were installed, so the number of rooms increased to 150. Existing spaces have been renovated, the lobby, restaurant, conference halls and other areas of the hotel have been modernized. Engineering systems have also been replaced, a recuperation system has been installed, building insulation works have been carried out, and the building's external solutions have been updated. One of the most important technical changes is the significant improvement in the energy efficiency of the building. Before the reconstruction, the hotel building was of energy efficiency class F, and after the works carried out, it reached class B. According to the lease agreement, the operator was obliged to achieve at least energy efficiency class C. More than 10 million EUR has been invested According to AIRINN Vilnius Airport Hotel, over 10 million euros have been invested in the reconstruction of the building. The financing of the project was ensured by Artea Bank, which provided the company with an 8.6 million EUR loan. "During the reconstruction, the entire building was renovated. A lot of attention was paid to energy efficiency: a recuperation system was installed, insulation works were carried out, and technical solutions were changed. As a result, it will be possible to operate the building more efficiently and ensure a higher level of comfort for hotel guests," says Aleksandras Gribojedovas, CEO of AIRINN Vilnius Airport Hotel. One of the exceptional solutions of the project is a terrace and an aircraft observation deck installed on the roof of the building. Hotel guests will be able to use these spaces from July. "The hotel's location next to the terminal also allows us to use the airport environment. The roof terrace and the aircraft observation deck will be an additional space for guests, from which the airport's activities – aircraft taking off and landing – will be visible," says A. Gribojedovas. Preparations for reconstruction have been underway since 2021 The tender announced by Lithuanian Airports to rent the premises where the hotel operates was won by AirInn Vilnius at the beginning of 2021. The operator acquired the right to manage the four-storey hotel built in 1981 on Rodūnios Road next to the passenger terminal of Vilnius Airport for 10 years. The renovation of the building was necessary due to worn-out engineering systems, low energy efficiency, equipment that no longer meets modern standards, and the need to improve the experience of passengers and hotel guests. The design work was carried out by Tophaus, the interior design was created by the In Arch studio. AirInn Vilnius is a subsidiary of the hotel and restaurant management company Adelita. The sole shareholder of Adelita is the company Nordic Real Estate.

2026 07 01 More

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airBaltic Extends Vilnius–Berlin Service into Winter Season Information prepared by airBaltic: Latvian airline airBaltic has announced that it will extend its direct service between Vilnius (Lithuania) and Berlin (Germany) into the upcoming winter season, transforming the route into a year-round connection between the Lithuanian and German capitals. During the upcoming winter season, the route will be operated with up to two weekly flights, on Thursdays and Sundays, providing convenient travel options for passengers travelling for leisure, business, or visiting friends and family. One-way fares on this route start from EUR 59 in Economy Class and EUR 209 in Business Class. During the current summer season, flights between Vilnius and Berlin are operated up to three times per week, on Mondays, Thursdays, and Sundays. This year, airBaltic offers a total of 20 direct destinations from Vilnius, as well as flights from Palanga to Riga (Latvia) and Amsterdam (the Netherlands), providing customers with a wide range of travel options. Berlin is the capital of Germany and one of the largest cities in Europe, known for its strong economic and cultural activity, making it an important centre for both business and leisure travel. The city also serves as a major transport hub, offering extensive connectivity to onward destinations across Germany, Europe, and beyond. airBaltic connects the Baltic States with more than 80 destinations across Europe and beyond, making travel easier, more accessible, and more convenient for customers across the region. The airline provides essential connectivity that supports tourism, business activity, and broader economic development. A full schedule of flights is available on the company’s website: www.airbaltic.com.

2026 06 18 More

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Vilnius Airport unveils VNO Plaza as old Departures terminal becomes the airport’s largest commercial space Lithuanian Airports (LTOU) have announced that on 16 June, Vilnius Airport has unveiled its new main commercial space which has been given the name VNO Plaza. The renovated area of the former departures terminal is a significant stage in the modernization of infrastructure of Vilnius Airport – it will allow to manage passenger flows more efficiently, improve the travel experience, ensure smoother operations of the airport as the number of passengers grows, and maintain the airport's competitiveness through growing commercial revenues. Various retail and catering operators will operate in the transformed space, including the largest Duty-Free store in the Baltics. "At Vilnius Airport, we are completing another stage of infrastructure transformation and opening a new centre of attraction for passengers – VNO Plaza. The venue, which served as the flight check-in hall for decades, is now becoming the airport's largest commercial space. I believe that modern interiors, natural light, new brands and a significantly expanded offering will meet the needs of customers and contribute to a great travel experience. The space will allow the airport to manage passenger flows more efficiently, and additional commercial revenues will allow it to remain competitive in attracting new flights," says Simonas Bartkus, CEO of Lithuanian Airports. "As Vilnius grows rapidly, our airport – one of the city's most important gateways – is also modernizing. It is great to see that new, bright and comfortable spaces are opening up for passengers. A modern airport and an extensive network of direct flights are inseparable from increasing the city's competitiveness. Therefore, Vilnius City Municipality has been implementing the direct flights promotion programme for several years, which helps to establish new connectivity opportunities and strengthens the city's ties with the most important economic, innovation and business centres," says Vilnius City Mayor, Valdas Benkunskas. Fundamentally reconstructed infrastructure – a guarantee of the airport's competitiveness During the year-long reconstruction of the first stage, not only the spaces visible to passengers, but also the "invisible" infrastructure was completely renovated: water supply, electrical installation, ventilation, heating solutions, security and sound systems. The roof of the terminal has been renovated – more daylight enters the spaces, the terminal looks brighter and visually closer to the new departure terminal. The interior, architecture and finishing materials of the space are designed with the new departure terminal in mind and become a continuation of the integral complex. This is not the final end of the entire reconstruction, but an important intermediate step: further works will move to non-Schengen areas. The additional commercial income generated by the new space will enable Vilnius Airport to maintain low charges for airlines and thus remain attractive in the highly competitive European aviation market. It is said that the commercial benefits brought by the new space will indirectly contribute to attracting and retaining new airlines and destinations. VNO Plaza is the main part of the conversion of the old departures terminal, and the value of the entire reconstruction project reaches 15 million euros. It is estimated that the new space should bring about 10 million euros to the airport per year. The largest Duty-Free store in the Baltics The largest Duty-Free store of the Heinemann brand in the Baltic States has become the centre of the new VNO Plaza, where passengers will find not only the most popular brands, but also a significantly expanded range of Lithuanian products. The new store is 55 percent larger and occupies as much as 1,300 sq. m. Special attention was paid to Lithuanian products, for which more than 200 sq. m. have been allocated, and where travellers will be able to buy food, beverages, textiles, perfumery and other products from various local producers. In the store, travellers will also find an expanded range of niche perfumery that is becoming increasingly popular. “Our long-standing partnership with Lithuanian Airports is defined by trust, collaboration, and a shared ambition to put the travelers first. The reopening is a strong next step in our joint journey to further enhance the passenger experience and shape the future of travel retail together.” – says Max Heinemann, Co-CEO of Gebr. Heinemann. It is said that the new Duty-Free store will welcome travellers with a bright and cozy interior, supplemented with traditional Lithuanian ethnographic elements and ornaments. New spaces for everyone's needs With this stage, more than 3,000 sq. m. of new commercial space in the reconstructed part of the departures terminal will offer passengers a wide range of goods and services. Some of the spaces are already open today, and several more brands, such as the Burger King fast food restaurant and the Aspire Business Lounge, are scheduled to open this summer. The Narvesen convenience store is dedicated to quick pre-flight purchases, as well as travel readings – from press to books. The jewellery and accessories space Marry me by Ribas invites you to a significant gift or a journey that begins with the mood of the holiday. There will also be a niche perfumery and cosmetics space Creme de la Creme waiting for passengers. Camden Food Co. will be a dining option with a healthier assortment, while Le Grand Comptoir will invite travellers to taste Lithuanian dishes. “SSP is proud to open Sodai Le Grand Comptoir in the Central Plaza, marking our sixth location at the Vilnius airport and an important milestone for our growing F&B portfolio. Sodai brings the essence of Lithuanian cuisine to travelers through seasonal dishes, local drinks, and a relaxed yet vibrant atmosphere. This opening reinforces our commitment to creating authentic, high-quality dining experiences at the heart of the passenger journey.” – says Elena Heiska, Managing Director at SSP Finland & Baltics. "The opening of the new Narvesen store at Vilnius Airport marks the end of an important strategic project – we have completed the transformation of all our locations at Lithuanian Airports according to the new concept. This is a significant milestone not only for our organization, but also in the long-term partnership with Lithuanian Airports, which we consider to be one of the most important partners in creating a modern passenger experience. The new store reflects what Narvesen is today – a modern environment, an assortment carefully tailored to the needs of travelers, high-quality responsibly sourced organic coffee, fresh food prepared by us every day, and a comfortable shopping experience at the very first point of travel," says Saulius Žilėnas, CEO of Reitan Convenience Lithuania. The final stage: non-Schengen area The border control of the State Border Guard Service (VSAT) for those travelling to non-Schengen countries is moving to the space of VNO Plaza. The path of passengers travelling to non-Schengen countries at the airport will become clearer and more convenient, and it is to these spaces that further reconstruction works will move. The new border area will be more spacious and cozy, and it should also improve working conditions for border officials. Relevant non-Schengen destinations are the United Kingdom, Turkey, Egypt, Israel, the United Arab Emirates, etc. In the first five months of this year, Vilnius Airport served more than 2 million passengers, or almost a tenth more than in 2025, and each of these months set a new all-time record. The growing desire to travel, as well as new airlines and new and returning popular routes helped to achieve the records.

2026 06 16 More

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Airlines will operate more Vilnius-Tel Aviv flights Lithuanian Airports (LTOU) have announced that more flights to Tel Aviv (Israel) will be operated at Vilnius Airport this summer. Arkia Israeli Airlines will almost double the number of flights in July-August, while Wizz Air plans to resume flights a month earlier, in August. The Israeli airline, Arkia, which started operations at Vilnius Airport in May, will operate as many as five direct flights per week between Vilnius and Tel Aviv during the peak season – in July and August. Currently, the airline flies between the cities three times a week. Wizz Air plans to resume direct regular flights between Vilnius and Tel Aviv on 6 August, or a month earlier than previously announced. According to the carrier, the renewed flights will be operated twice a week in August, and four times a week in subsequent months. Direct regular flights between Vilnius and Tel Aviv are also operated by the Israeli airline Israir. The company's flights are operated three times a week. The latest flight schedules are available and tickets can be purchased on the official websites of the airlines, respectively www.arkia.co.il, www.wizzair.com at www.israirairlines.com In the first five months of this year, Vilnius Airport served more than 2 million passengers, or almost a tenth more than in 2025, and each of these months set a new all-time record. The growing desire to travel, as well as new airlines and new and returning popular routes helped to achieve these records.

2026 06 10 More

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7,1 M

travelers per year

59 K

flights per year

22,4 K

tons of cargo per year

103

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Lithuanian airports

Vilnius Airport is the largest civil airport in Lithuania, having served a record 5 million passengers in 2019 and 5.1 million passengers in 2025. The airport covers an area of 326 hectares, with a perimeter of 10.54 km. The runway is 2,515 m long and 50 m wide (PCN 83/F/D/X/T); it has a Category II landing system and is equipped with a Siemens runway lighting system. Located just 7 km from the city center, the airport is situated on a plateau in the southern part of Vilnius. The airport can be reached by car from the city center in 15 minutes. The airport provides aviation and non-aviation services to local and foreign legal entities and individuals.

Kaunas Airport served 1.1 million passengers in 2019 and is projected to serve 1.5 million passengers in 2025. The main activities at Kaunas Airport include low-cost airlines, aircraft repair and maintenance companies based at the airport, as well as cargo airlines. Kaunas Airport is the second-largest civil airport in Lithuania after Vilnius and the fourth-largest in the Baltic states. The airport is located in the central part of the country, 14 km from the center of Kaunas and 100 km from the capital, Vilnius.

Palanga Airport served 338,000 passengers in 2019 and 448,000 passengers in 2025. Palanga Airport is a regional airport located in western Lithuania on the Baltic Sea, 35 km north of Klaipėda—a seaport and the third-largest city in Lithuania. The airport has well-developed road connections to the region’s major cities and neighboring countries.

Vilnius airport

Kaunas airport

Palanga airport