My Account Menu

CAPA Login

Register to trial CAPA Membership!

airBaltic planning to purchase a stake in Estonian Air

24-Feb-2010 1:50 PM

airBaltic reportedly plans to purchase a stake in Estonian Air, as part of plans to increase operations to Tallinn (The Baltic Course, 22-Feb-2010). The carrier stated it is yet to discuss the plans with Estonian Air, but is “ready to do it in any form”. Estonian Air is owned by SAS (49%), Estonian Government (34%) and investment bank, Cresco (17%). airBaltic currently operates from Tallinn to Riga, Turku and Lappenrantaa, and plans to launch services from the city to Tampere, Oulu and Vaasa