Nordica, Regional Jet, leasing, lessor, Estonia, LOT, Polish, Groningen, Tallinn

Estonian lessor expands its fleet

Regional Jet, founded by the national airlines of Estonia and Poland, will add two more planes to its fleet.

The Estonian airline Regional Jet was created in 2015 and launched operations just last year with six Bombardier CRJ900 aircraft based in Tallinn. Now it is acquiring two more planes for its fleet.

A 51%-49% joint venture between Nordica, Estonia’s state-owned national airline, and LOT, Poland’s state-owned national airline, Regional Jet has a business model to provide wet lease services to other companies. Nordica and LOT already cooperate on a strategic level.

The fleet has already rapidly been expanded to 16 aircraft including eleven CRJ900s and five ATR72s. It also has an ERJ145, itself on wet lease.

Now Regional Jet will acquire two more aircraft, which should be operational by this summer – one CRJ900 and one ATR72, according to Toomas Uibo, Nordica’s marketing director.

Leased for leasing
Uibo maintains that the two new aircraft and their crews will be leased to Regional Jet to support three new routes from Groningen Airport Eelde in the Netherlands as well as to provide backup in Estonia. The airline already operates up to seven aircraft from Tallinn Airport.

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