Palace of the Grand Dukes of Lithuania Palace of the Grand Dukes of Lithuania The Palace of the Grand Dukes of Lithuania (; ) is a palace in Vilnius, Lithuania. It was originally constructed in the 15th century for the rulers of the Grand Duchy of Lithuania and the future Kings of Poland. The palace, located in the lower castle of Vilnius, evolved over the years and prospered during the 16th and mid-17th centuries. For four centuries the palace was the political, administrative and cultural centre of the Polish–Lithuanian Commonwealth. It was demolished in 1801. Work on a new palace started in 2002 on the site 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