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1. SAS Signs Agreement to Divest in Estonian Air
SAS Signs Agreement to Divest in Estonian Air. The Estonian Government will provide approx MSEK 205 of new capital in a new rights issue and SAS will convert approx MSEK 20 in loans into equity. After the rights issue the Estonian Government will hold 90% and SAS 10% of Estonian Air. SAS will remain lender of approx MSEK 70 in loans with a maturity in 2014.
2. Estonian Air Reports Q1 Passenger Numbers
Estonian Air Reports Q1 Passenger Numbers. In the first four months of 2009 Estonian Air carried altogether 168,116 passengers, 148,606 of these on regular flights. The total number of passengers decreased 26.4% y-o-y, and 27% on regular flights.
3. Estonian Air to Operate Flights between Tallinn and Amsterdam
Estonian Air to Operate Flights between Tallinn and Amsterdam. Estonian Air to Operate Flights between Tallinn and Amsterdam
4. Estonian Air Orders Three Bombardier CRJ900s
Estonian Air Orders Three Bombardier CRJ900s. Estonian Air of Tallinn has signed a firm order with Bombardier for three CRJ900 NextGen aircraft with options on two CRJ900 NextGen aircraft. Based on the list price for the CRJ900 NextGen aircraft, the contract is valued at approximately US$123 million, which could increase to US$211 million should both options be converted to firm or
5. Estonian Air Takes Delivery of First CRJ900
Estonian Air Takes Delivery of First CRJ900. Estonian Air has taken delivery of the first of three CRJ900 NextGen regional jets ordered in 2010. The transaction included options on two additional CRJ900 NextGen aircraft.
6. SAS to Codeshare with Estonian Air
SAS to Codeshare with Estonian Air. SAS is to codeshare with Estonian Air on the airline's new Stockholm-Vilnius route that will commence 31 October 2010. The new route will operate daily except Saturdays and will offer smooth connections from wide variety of European cities to Vilnius, as well from Vilnius to London, Oslo, Gothenburg and
7. Pentahotels Appoints Siim Karu as Director of Revenue Management in Hong Kong
Pentahotels has appointed Siim Karu, previously Cluster Revenue Manager in Frankfurt, as Director of Revenue Management based in Hong Kong. An Estonian national, Mr. Karu has long-standing experience in the business of Revenue Management. Before joining pentahotels, he worked as Interim and Cluster Director at Swissotel in Berlin and Sotchi.
8. Aero Airlines acquires new aircraft and routes
Aero Airlines acquires new aircraft and routes.

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