EE: Estonian Air signs lease for 2 Embraer airplanes.

By bne IntelliNews May 10, 2012
Estonian Air, national airline, has signed a lease contract with GE Capital Aviation Services for two Embraer E190 airplanes, which are due to be delivered in Q1/13. Estonian Air plans 12 Embraer E-jet airplanes in order to increase flight frequencies, open new destinations, and operate at least twice a daily services to main destinations in Europe. First 4 Embraer 170 airplanes were delivered to Estonia in February 2012, under lease agreement with Finnair. Estonian Air is currently in final negotiations with the manufacturer about the delivery schedules on another 6 Embraer jets. Estonian Air currently flies to 24 destinations in Europe and CIS region.

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss