Lithuania: Novaturas Group’s revenue up, customer flow down in 2023

Lithuanian tour operator Novaturas Group’s total revenue amounted to EUR 208mn in 2023, which was up 6% from EUR 197mn in 2022, GlobeNewswire reported. The group served around 259,000 customers in 2023, which was down from 267,000 a year earlier. Novaturas Group appointed Kristijonas Kaikaris as its new CEO in December 2023. Prior to his appointment, Kaikaris served as CEO of car-sharing company CityBee and CEO of charter airline Small Planet Airlines. Also, Novaturas Group signed a long-term partnership agreement with charter carrier Heston Airlines in Estonia in December 2023.