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GetJet's Penalty Payment Increased Novaturas' Losses 10-Fold

Summary by Lietuvos Radijas Ir Televizija
After the court in June ordered the tour operator Novaturas to pay an additional EUR 3.35 million in penalties to the aircraft rental and charter company GetJet Airlines for a contract terminated at Novaturas' initiative during the coronavirus pandemic, the company claims that the implementation of such a decision negatively affected its financial results.

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Lietuvos Radijas ir TelevizijaLietuvos Radijas ir Televizija
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GetJet's Penalty Payment Increased Novaturas' Losses 10-Fold

After the court in June ordered the tour operator Novaturas to pay an additional EUR 3.35 million in penalties to the aircraft rental and charter company GetJet Airlines for a contract terminated at Novaturas' initiative during the coronavirus pandemic, the company claims that the implementation of such a decision negatively affected its financial results.

·Vilnius, Lithuania
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Lietuvos Radijas ir Televizija broke the news in Vilnius, Lithuania on Wednesday, August 19, 2026.
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