aA
The coronavirus outbreak in China is already affecting the logistics business in Lithuania as the number of transit flights over Lithuania is already down since a number of global airlines have suspended flights to China.
Coronavirus brings number of transit flights in Lithuania down
© Asm. albumo ir DELFI nuotr.

Meanwhile, the delivery of postal parcels from China to Lithuania might be disrupted as many logistics centers and production companies have stopped operating in China.

Lithuania's flight management company Oro Navigacija estimates its revenue from transit flights to China will drop but it should not have major impact on the company's operations.

"It's hard to estimate exactly how much the company will lose in revenue. It will depend on how fast the coronavirus challenge will be put under control and for how long airlines will cancel flights to China," Vytautas Beniusis, head of communication at Oro Navgacija, told BNS.

In January, the company serviced 640 transit flights via Lithuania to China and back, down 6 percent from the same period last year. The number dropped 43 percent in the first days of February.

The company receives around 170 euros on average for one flight in its airspace from Europe to China.

Transit flights make around 75 percent of Oro Navigacija's serviced flights and the company receives around 21 million euros a year for them, o around 70 percent of its total revenue. Flights to China make around 4-6 percent of all flights via Lithuania daily.

Vaida Budriene, head of the corporate affairs department at Lietuvos Pastas (Lithuanian Post), says parcels from China have so far been received without disruptions but their delivery might be disrupted from China's areas where many logistics centers and production companies are not working.

"We have not recorded any disruptions, we receive parcels. But seeing the whole situation and the way things are evolving, we assume parcel delivery from China might be disrupted. Electronic shops accept orders but there are no people to pack, send, produce. Disruption might be possible in this part," Budriene told BNS.

Shipments from China made 64 percent of all parcels going via Lietuvos Pastas.

Meanwhile, parcel delivery company DPD Lietuva says the majority of Chinese electronic shops have storage facilities in Europe, therefore, no major disruptions are expected. But problems might arise in the future, if movement in China is restricted.

"We still sell the remaining stock, and the suspended production facilities are not causing any problems in the short-term yet, but if the crisis continues and China is closed and isolated in terms of the movement of goods and people for a longer period, traders would feel it first and then we follow as intermediaries," Tomas Maisvila, the company’s head of communication, told BNS.

Parcels from China make around 1 percent of DPD Lietuva's total shipment volumes.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Coronavirus emergency may mean restrictions, release from obligations for firms

The Lithuanian government's decision to declare a state-level emergency due to the coronavirus...

Finance minister: coronavirus to affect economy

The widening coronavirus outbreak will have implications for the Lithuanian economy , Finance...

Lithuanian businesses might feel coronavirus effect in spring

The coronavirus outbreak in China is already affecting Lithuanian businesses as some companies...

Leader in gaming and VR platforms to undergo major expansion in Lithuania

Unity Technologies , creator of the world’s most widely used real-time development platform for...

German polymer specialist establishing microduct systems production unit in Klaipeda

REHAU , a family-owned polymer specialist with annual sales of around EUR 3.5 billion, is...

Top news

Coronavirus patients to be treated in five hospitals

People infected with the coronavirus will be treated in five Lithuanian hospitals , Deputy Minister...

Siauliai decides not to cancel mass events and urges residents to consider risk

The authorities of Lithuania's northern city of Siauliai have decided not to cancel mass events...

Matulionis appointed Lithuania's NATO ambassador (1)

Lithuanian President Gitanas Nauseda appointed Deputy Government Chancellor Deividas Matulionis as...

1st coronavirus case confirmed in Lithuania (2)

The first coronavirus case was confirmed in Lithuania early Friday morning, the country's Health...

First Lithuanian coronavirus patient's family members undergoing tests

The Lithuanian woman, 39, who was diagnosed with the new coronavirus on Friday, evaded contact with...

|Maža didelių žinių kaina