1922 Republic of Central Lithuania general election March 1922 and two days later the Republic of Central Lithuania ceased to exist. All of its territory was incorporated into the newly formed Wilno Voivodeship. The border changes were accepted by the Conference of Ambassadors of the Entente and the League of Nations. Lithuania declined to accept the Polish authority over the area and continued to treat the region as part of its own territory and Vilnius as its legitimate capital, with Kaunas designated only as a temporary seat of government. The Polish–Lithuanian diplomatic relations were not restored until the Polish ultimatum to Lithuania in 1938. 1922 Republic of
Air Lithuania August 1997, the shares of Air Lithuania were transferred to the parent company Lithuanian Airlines. In May 2004, Air Lithuania was bought by Arijus, a Lithuanian transport and logistics company, and subsequently sold to World Aviation Capital, a British company. At the time of the sale the company had debts of approximately 20 million litas, while its annual gross income reached 40 million in 2004. The airline filed for bankruptcy in November 2005. It was the first airline bankruptcy in Lithuania. In 2004 the airline carried 54,500 passengers (24% increase over 2003). At first the airline used Tupolev Tu-134 and