The Two-Stream technique employes simultaneous measurements performed by two elastic backscatter lidars aiming at each other to sample into the same atmosphere. It allows for a direct retrieval of the extinction coefficient profile from the ratio of the two involved lidar signals. During a few Alfred-Wegener-Institute's (AWI) campaigns dedicated to the Arctic research, the AWI's Polar 2 aircraft with the integrated onboard nadir-aiming Airborne Mobile Merosol Lidar (AMALi) overflew a vicinity of Ny Ålesund on Svalbard, where the zenith-aiming Koldewey Aerosol Raman Lidar (KARL) has been located. This experimental approach gave a unique opportunity to retrieve the extinction profiles with rather rarely used Two-Stream technique against the well established Raman technique. Both methods were applied to data obtained for a clean Arctic conditions during the Arctic Study of Tropospheric clouds and Radiation (ASTAR 2004) campaign and a slightly polluted Arctic conditions during the Svalbard Experiment (SvalEx 2005) campaign. Successful intercomparison of both evaluation tools in a different measurement conditions demonstrates sensitivity and feasibility of the Two-Stream method to obtain particle extinction and backscatter coefficients profiles without assumption of their relationship (lidar ratio). The method has a potential to serve as an extinction retrieval tool for KARL or AMALi simultaneous observations with the spaceborne CALYPSO lidar taken during the ASTAR 2007.