24-Feb-2010 1:50 PM

airBaltic planning to purchase a stake in Estonian Air

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

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More