Tallink owners still interested in Estonian Air

Government suggests there could be role for Tallink owners
The owners of the Estonian company Infortar, which controls the ferry group Tallink are still interested in investing in Estonian Air, the country’s business daily Äripäev writes.
And if the European Commission demands that the debt-ridden national carrier pays back state aid, Infortar may help Estonia to set up a second airline.
The government said last week that it would create a new airline if the commission ordered Estonian Air to return €40.7 million it had received in state aid. Such a ruling would automatically bankrupt Estonian Air.
The owners of Tallink, including Enn Pant, Ain Hanschmidt and Kalev Järvelill, said some time ago that they were interested in taking control of Estonian Air – provided it come with no debts.
“All options are on the table,” responded Kristen Michal, Estonia’s economy minister.
BBN / Äripäev 


Check Also

Tallink, management, CEO, appoint, chief executive, opera, Estonia, arts, gambling, Paavo Nõgene

Tallink appoints arts expert as CEO

Paavo Nõgene has been a board member at Estonia’s opera, concert hall and gambling authority.

airBaltic muscles into Tallinn-London

Latvian airline buries deeper into Estonian market

Linda Line, lindaliin, Tallinn, Helsinki, fast ferry, catamaran, Tallink, Eckero, Viking Line

Express ferries run Helsinki-Tallinn 12x day

Estonian company ups its stake in the busy gulf

Finland, Norway, Singaporean, tourists, Asian, demand, winter, Nordic, Balkan, Scandinavia, Game of Thrones, locations, agencies, travel, tourism

Asian stopover tourists wanted for Finland

Visit Finland, Finnair and Tallink Silja charm Asians

Estonia, Tallinn, tourists, hotel, accommodation, Tartu, Parnu, 2016, record

Estonia expects record year for tourism

“This year will be the best ever,” tourism chief predicts

Nordica, Estonia, LOT, Polish, Warsaw, Gothenburg, flight, travel, new, Tallinn, times

Airlines launch CPH route to Dutch city

Slovenian and Estonian carriers open way to Groningen