Lithuanian litas
After a decade of loss-making operations, abortive plans to launch a trans-Atlantic service, and the widely criticized sale of landing slots at London Heathrow to cover some US$20 million in debt, Lithuanian Airlines was privatized in 2005. The airline was acquired by "LAL Investicijų Valdymas" (LAL Investment Management), a wholly owned subsidiary of the FlyLal Group, for 27 million Lithuanian litas. The airline was subsequently renamed flyLAL–Lithuanian Airlines. In February 2007, flyLAL was recognized as most punctual airline at Gatwick Airport in London. It had 542 employees as of March 2007. As of December 2007, the airline had three Boeing 737-300, five Boeing 737-500, and four SAAB 2000 airliners and had plans for further expansion. During 2007, the number of passengers grew by 14% to 526,000. In 2008, charter flight services were transferred to sister company FlyLal Charters, leaving only scheduled flights for FlyLal.