Estonian Air to benefit from bankrupt airlines
Estonia’s national carrier Estonian Air might benefit from the recent bankruptcies of the regional Sweden’s airlines – Skyways, its subsidiary City Airlines and the Danish Cimber Sterling.
“The bankruptcies mean that there are passengers in Scandinavia who still need to fly, and who are now looking for alternatives,” says Estonian Air CEO Tero Taskila.
Taskila admits that the airline has already launched negotiations with several Swedish airlines on how Estonian Air could start flying also to other towns than Stockholm.
However, one reason that could prevent the company from expanding its network is lack of aircraft, reports BBN.
“One of the largest competitors for Estonian Air is Flybe Nordic that has reacted very rapidly to the news of Cimber Sterling’s bankruptcy,” says Taskila.
Direktfly is another company that has shown interest in the Scandinavian market, but since it operates only 19-seat small aircraft and has no cooperation with SAS, its chances will most likely remain small.
As reported, bankruptcy of the Swedish low cost airline Skyways has caused havoc in the Scandinavian airline industry, as SAS is now left without another vital partner.
Also the Danish carrier Cimber Sterling announced bankruptcy earlier this month. Thus, the Ukrainian billionaire Igor Kolomoisky has closed two regional airlines in the past few weeks.
Ref: 188.8.131.522Resources: Estonian Air to benefit from bankrupt airlines
- More news from this category
Serbian lottery probed after winning number shown before draw01.08.2015, 14:13 BBC News.co.uk
New Taliban leader Mullah Akhtar Mansour calls for unity01.08.2015, 13:51 BBC News.co.uk
Myanmar floods: President declares state of emergency01.08.2015, 13:19 BBC News.co.uk
AFL racism row: Goodes backed by #IstandwithAdam campaign01.08.2015, 12:36 BBC News.co.uk
Mullah Omar successor: Taliban leaders 'not consulted'01.08.2015, 09:38 BBC News.co.uk
- Similar news
Estonian Police to create cyber crime unit31.07.2015, 04:06 The Baltic Times
More than 50 conscripts dodge Estonian Army June draft30.07.2015, 04:21 The Baltic Times
Kazakhstan bans imports of Latvian, Estonian fish produce29.07.2015, 13:03 BNN-news.com
Estonian Chancellor of Justice deems planned prison smoking ban unconstitutional29.07.2015, 11:36 BNN-news.com
Vulture funds demand brutal austerity measures from bankrupt Puerto Rico29.07.2015, 11:27 RT.com