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