airBaltic wants to buy a stake in Estonian Air

Latvian aviation company airBaltic says that it wants to have more direct flights from Tallinn and one of the possibilities for that is to buy a stake in Estonian Air
airBaltic’s corporate relations deputy president Janis Vanags told ETV’s Friday evening news that taking over the Estonian national carrier is being seriously considered. “The fact is that we haven’t launched talks yet but we are ready to do it in any form. Estonian Air has three owners and we are open to discuss that topic with any of them,” said Vanags.

Estonian Air belongs to SAS (49%), the Estonian state (34%) and investment bank Cresco (17%).

airBaltic has direct flight from Tallinn to Riga, Turku and Lappenrantaa. It intends to open routes from Tallinn to Tampere, Oulu and Vaasa and start flying to Sweden.

When buying Estonian Air, other conditions are more important than the price, said Vanags, not specifying what conditions he meant.

Since airBaltic has not contacted the Economy Ministry with a purchase wish, the ministry does not comment upon the topic.

COMMENTS

(name)

SUPPORTED BY

 
OFFERS OF THE DAY:
Holiday and travel offers 31.10.2024 - 06.11.2024 “Following the Trails of Karaite History” Trakai TIC
Celebrating the Year of Lithuanian Karaims, Trakai Tourism Information Center has created thematic route “Following the Trails of Karaite History”. In this | More
Savour the vibrant flavours of Asia Grand Hotel Kempinski Riga
Savour the vibrant flavours of Asia at Stage22 with our delicious ramen — a culinary journey that brings the essence of fusion dining to your table | More
Holiday and travel offers 30.10.2024 - 05.11.2024 Exclusive offer  Via Vitalité Via Vitalité
Book our programme Via Vitalité during these festive months, and receive every 5th day as a gift for free! Tel: +371 20 605 553 | More
145 EUR
Planning your next event?  Pullman Riga Old Town
ullman’s state-of-the-art conference rooms are ready to host your business with style and sophistication. 🏢✨Discover our facilities. | More

About us | Advertising | Cooperation | Code of Ethics | Contact us | Copyright | Privacy Policy
All rights reserved © 2002 - 2024 BalticTravelnews.com | Design & maintenance © 2000 - 2024 1st-studio.com

 
Total Timed::0.28854609sec.