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Airlines

Name: ESTONIAN AIR
7JetSet7 Code: ENA
Status: Currently Not Operational
Region: EUROPE
City: TALLINN
Country: ESTONIA
Employees 247
Web: estonian-air.com
Email: ov@estonian-air.ee
Telephone: +372 640 1101
Fax: +372 601 6092
Sita: TLLAPOV
Background
(definitions)

Click below for data links:
ENA-2003-05-A
ENA-2003-05-B
ENA-2004-07-NEWS
ENA-2015-11 - Ceases Ops.jpg
ENA-MAP

ESTABLISHED AND STARTED OPERATIONS IN 1991. NATIONAL FLAG CARRIER. REGIONAL & INTERNATIONAL, SCHEDULED & CHARTER, PASSENGER & CARGO, JET AIRPLANE SERVICES.

ADDRESS:
13 LENNUJAAMA STREET
EE-11101 TALLINN, ESTONIA

Estonia was established in 1990, it covers an area of 45,215 sq km, its population is 1.7 million, its capital city is Tallinn, and its official language is Estonian.

JANUARY 1993: TO AMSTERDAM, COPENHAGEN, FRANKFURT, HAMBURG, HELSINKI, KIEV, MINSK, MOSCOW, ST PETERSBURG, STOCKHOLM, TAMPERE, AND VILNIUS.

MAJOR SHAREHOLDERS OF ESTONIAN AIR (ENA) ARE: IRELAND & UK GOVERNMENT 34%; MAERSK AIR (MRS) 49%.

1992 OPERATING LOSS = -$O.3 MILLION. EXPECTING +15.3% (RPK) TRAFFIC, +24% PASSENGERS (PAX) IN 1993.

DECEMBER 1994: AARNE TORK, TECHNICAL DIRECTOR VISITED HAPAG LLOYD (HAP) TO REVIEW MAINTENANCE PROCEDURES.

540 EMPLOYEES (INCLUDING 90 FLIGHT CREW (FC), 59 CABIN ATTENDANTS (CA) & 143 MAINTENANCE TECHNICIANS (MT)).

TU-134, 6,000 HOUR AIRFRAME MAINTENANCE CHECK AT MINSK NOW COSTS $350,000 (WAS $120,000 4 YEARS AGO), DUE TO HARD-TO-GET, RUSSIAN PARTS.

2 ORDERS (JUNE 1995) 737-5Q8'S, (ILF) 5 YEAR LEASED. GETTING RID OF AN-2'S, & TU-134'S (2 SOLD TO ARMENIAN INTERNATIONAL AIRWAYS (ARQ).

OCTOBER 1995: CHARTER SERVICES TO MALTA, MAY BE SCHEDULED.

737-5Q8 HAD A BIRD STRIKE ON TAKEOFF FROM MALTA CAUSING SLIGHT DAMAGE TO FIN, LANDED OK AT TALLINN, AND WAS REPAIRED AT FINNAIR (FIN).

DECEMBER 1995: NEW ROUTE TO LONDON GATWICK (LGW) (737-500), 4/WEEK, 2 VIA COPENHAGEN.

WAS TO BE PARTIALLY PRIVATIZED THIS YEAR, BUT NO TAKERS. GOVERNMENT IS OFFERING A 66% STAKE IN AIRLINE.

1996 FLEET = 2 737-500'S, 2 TU-134'S, 3 YAK-40'S.

JANUARY 1996: 1995 = +$26 MILLION (NET PROFIT): +7.2% (RPK) TRAFFIC, +6.1% PASSENGERS (PAX), +3.75 (FTK) FREIGHT TRAFFIC.

PLANS TO REDUCE YAK-40'S TO 3, & TOTALLY PHASE OUT TU-134 FLEET BY MID-1996.

THE BOEING (TBC) TECHNICAL GROUP IS RUN BY A YOUNG CANADIAN OF ESTONIAN DESCENT, WHO HAS BROUGHT TO ESTONIA WITH EXPERIENCE OF WESTERN IDEALS AND OPERATING METHODS. HE HAS ASSEMBLED A VERY CAPABLE & MOTIVATED STAFF OF 16 TECHNICIANS & ENGINEERS (MT).

FEBRUARY 1996: 1 737-500 DELIVERY. WITHDREW TU-134 FROM SERVICE

MARCH 1996: SCANDINAVIAN AIRLINES (SAS) MAKES BID FOR 20 - 66% STAKE IN ESTONIAN AIR (ENA).

MAY 1996: SCANDINAVIAN AIRLINES (SAS) GROUP BIDS $20 MILLION FOR 66% STAKE = 34% GOVERNMENT, (SAS) 28%, TALLINA BANK 17%, SWEDFUND & DANISH INVESTMENT 21%.

JULY 1996: MAERSK AIR (MRS) PURCHASES ESTONIAN AIR (ENA) WITH 49% STAKE. THE GOVERNMENT NOW HAS 34%.

AUGUST 1996: IN OCTOBER 1996, 737-500 UTILIZATION TO 10 HOURS, 4 YAK-40'S TO BE GROUNDED, +2 F 50'S, ROUTE/SCHEDULE CHANGES.

DEPARTURE OF TOOMAS PETERSON, GENERAL MANAGER, TO BE INTERIM REPLACED BY BORGE THORNBECH FROM MAERSK AIR (MRS).

OCTOBER 1996: GROUNDED YAK-40 FLEET, & REPLACED WITH 2 F 50'S. CONTRACT MAINTENANCE "1C" CHECK ON 737-500 BY (BRT).

NOVEMBER 1996: 2 F 50'S (20126; 20127), MAERSK AIR (MRS) 3 YEAR WET-LEASED.

MAY 1997: 380 EMPLOYEES (INCLUDING 105 FLIGHT CREW (FC) & 50 MAINTENANCE TECHNICIANS (MT)).

BALTIC CRESCO INVESTMENT GROUP OWNS 17%.

APRIL 1998: AARNE TORK, VP TECHNICAL, RESIGNS TO RETURN TO HIS NATIVE CANADA. BORNE THORNBECK, PRESIDENT, TAKES OVER HIS POSITION UNTIL A REPLACEMENT IS FOUND.

380 EMPLOYEES (INCLUDING 105 FLIGHT CREW (FC) & 50 MAINTENANCE TECHNICIANS (MT)). (ov@trenet.ee).

MAY 1998: RAIT KALDA, MAINTENANCE DIRECTOR.

OCTOBER 1998: 1ST 6 MONTHS = 76 MILLION (RPK) TRAFFIC (+19%), 457,000 (FTK) FREIGHT TRAFFIC (-6%), 133,000 PASSENGERS (PAX) (+23%).

TO OSLO (737-500). RESUMES FRANKFURT SERVICE (737-500).

1 737-5L9 (28083), MAERSK AIR (MRS) LEASED.

APRIL 1999: 367 EMPLOYEES (INCLUDING 42 FLIGHT CREW (FC), 62 CABIN ATTENDANTS (CA), & 45 MAINTENANCE TECHNICIANS (MT)).

(http://www.estonian-air.ee). (ov@estonian-air.ee). SITA: TLLAPOV.

JUNE 1999: 4 ORDERS CANADAIR RJ'S, EX-MAERSK AIR (MRS) (2001), TO REPLACE 3 737-500'S, AND 2 F 50'S.

AUGUST 1999: FISCAL YEAR (FY) 1998 = 341,000 PASSENGERS (PAX) (+21%), +12% (FTK) FREIGHT TRAFFIC. 1ST 7 MONTHS = 122.63 MILLION (RPK) TRAFFIC (+24%), 701,000 (FTK) (+24%), 171,000 (PAX) (+10%).

JANUARY 2000: F 50 (20127) RETURNED TO MAERSK AIR (MRS).

MARCH 2000: F 50 (20153, OY-MMU), MAERSK AIR (MRS) WET-LEASED.

APRIL 2000: JORN ERIKSEN, PRESIDENT, EX-MAERSK AIR (MRS) REPLACES BORGE THORNBECH, WHO TRANSFERRED TO (MRS).

367 EMPLOYEES (INCLUDING 42 FLIGHT CREW (FC), 62 CABIN ATTENDANTS (CA), & 45 MAINTENANCE TECHNICIANS (MT)).

737-5L9 (28083) RETURNED TO MAERSK AIR (MRS).

JULY 2000: 1999 = 219 MILLION (RPK) TRAFFIC (+30.4%); 38% LF LOAD FACTOR; 1.29 MILLION (FTK) FREIGHT TRAFFIC (+42.6%); 291,000 PASSENGERS (PAX) (+3.2%); 370 EMPLOYEES.

SEPTEMBER 2000: 1ST 6 MONTHS = 105.9 MILLION (RPK) TRAFFIC (+6%); 658,000 (FTK) FREIGHT TRAFFIC (+31%); 134,000 PASSENGERS (PAX) (-10%).

1 F 50 (20154, OY-MMV), MAERSK AIR (MRS) LEASED.

APRIL 2002: SINCE MAERSK AIR (MRS) OWNS 49% OF ESTONIAN AIR (ENA), (MRS) PLANS TO HAVE ITS 17 737-500'S "C" MAINTENANCE CHECKS DONE BY (ENA) IN TALLINN.

July 2002: 2001 = +$886,000: 295 million (RPK) traffic; 54.7% LF load factor; 292,000 passengers (PAX); 1.41 million (FTK) freight traffic; 300 employees.

September 2002: Erki Urva, President replaces Joern Eriksen, who returned to Maersk Air (MRS).

October 2002: 737-5L9 (24778, ES-ABF), Maersk Air (MRS) wet-leased.

November 2002: F 50 (20154, OY-MMV) returned to Maersk Air (MRS).

January 2003: 2002 = +$2.94 million (+$1.11 million) (net profit).

February 2003: Tallinn - Paris Charles de Gaulle (CDG) (3/week). In June 2003, Tallinn to Rimini (weekly charter) for Voyage, an Estonian tour operator.

March 2003: 2002 = +EUR 2.5 million/+$2.8 million: due to favorable dollar exchange rate, lower price of aviation fuel, efficient marketing measures and effective cost control; served 9 regular routes, 300,000 passengers (+9%); 20,000 charter passengers (+16%), benefitting from replacing an F 50, 48Y, with a 737-500, 107 PAX, and increased fare structure on the Tallinn - Moscow route in November 2002. A similar fare structure was applied on its Tallinn - Hamburg route, last month, and it has seen 79% LF (load factor) and more than double passenger numbers. In March 2003, its "biggest news" will be the opening of a regular, Tallinn - Paris nonstop.

June 2003: Will open new routes this summer, Tallinn - Berlin and Oslo (3/week). Possibility of Tallinn - Brussels is "under active discussion."

1 737-505 (25790, ES-ABG "Virmaline"), ex-Norwegian (NWG), (ILF) leased. "Virmaline" means "Northern Lights" or "Aurora Borealis." The F 50 will be returned to lessor at the end of October 2003.

August 2003: Responding to rising demand, will upgrade its Tallinn - Kiev operation with a 737-500 until October 2003. Added service to Oslo and Berlin.

1st 6 months = +16.7 million kroons/+$1.2 million (+56%) (+6 million k). 2002 = 39 million kroons/+$2.7 million (+kroons 14 million). 411 employees, including 100 at a revenue accounting subsidiary and the Maintenance Repair & Overhaul (MRO) facility.

September 2003: Scandinavian Airlines (SAS) acquires Maersk Air (MRS)'s 49% stake in Estonian Air (ENA) for Sek 180 million/$22.1 million. (ENA) will continue to operate as an independent airline under its own brand. Its other shareholders are the Estonian government with (34%), & Estonian Investment Banking firm AS Cresco with (17%). (SAS) stated the acquisition was part of "its strategy to strengthen its position in the Baltic region.

October 2003: Tallinn - Amsterdam (3/week). Code share with Air France, Tallinn to Paris (CDG).

January 2004: 2003 = +81.4 million Kroons/+$6.7 million (+48%) (+ 39.2 million K): phase out of F 50's saved 31.2 million K; 411,000 passengers (PAX) (+30.5%); 59% LF load factor (+5); charter -2.5% (RPK) traffic; 22,000 charter passengers (PAX) (-2.5%); 62.1% LF load factor (+5.9); 1,776 tonnes cargo (+8.3%).

Its network extends from Tallinn to Copenhagen, Stockholm, Oslo, London, Paris, Amsterdam, Moscow, Vilnius, Frankfurt, Hamburg, Berlin, & Kiev.

(SAS) Group owns 49%, Estonian government 34%, & Estonian Investment Bank Cresco 17%.

February 2004: In May 2004, Tallinn - Munich (4/week).

737-53S (CFM56-3C1) (3086-29074, /98), ex-Air France (AFA), GECAS (GEF) 3 year leased. Will return its oldest 737-500 to its lessor in 4/04.

April 2004: In 5/04, Tallinn - London Gatwick (LGW) (9/week).

303 employees (including 43 FC, 61 CA, & 1 MT)).

May 2004: (SAS) intends to exercise options to take majority stakes in Air Baltic (BAU) and Estonian Air (ENA).

737-5L9 (3068-20234, ES-ABI), Maersk Air (MRS) leased.

June 2004: In 8/04, Tallinn - Gothenburg (737-500, 3/week). In 9/04, Tallinn - Brussels (737-500, 3/week) (15th route).

August 2004: Tallinn - Dublin (2/week).

January 2005: In 2004 = 509.45K passengers (PAX) (+31%) on its regular routes, + 37,444 PAX (+70.6%) on charter flights. 58% LF (load factor) (-1).

February 2005: In 5/05, Tallinn - Manchester (2/week).

March 2005: Tallinn to Milan (2/week). In 4/05, Tallinn to Dublin 3/week). Tallinn to Moscow (3/week). In 5/05, Tallinn to Manchester (3/week), & Tallinn to Oslo (daily).

June 2005: 302 employees (including 45 Flight Crew (FC); 60 Cain Attendants (CA); & 1 Maintenance Technicians (MT)).

November 2005: Estonian Air (ENA) will close its Talinn - Amsterdam route by Jan 10. Estonian Air (ENA) will start twice-weekly service between Talinn and Dubrovnik in April. Estonian Air (ENA) will inaugurate nonstop service from Tallinn to Simferopol (Ukraine) on Apr 1st. The airline will operate 2 flights a week, on Tue/Sat, using a 737-500.

Estonian Air (ENA) reported a nine-month net profit of +EEK55.2 million/+$4.15 million, up from +EEK16.7 million in the 2004 period. Operating revenue rose +14.8% to EEK831.5 million and unit cost per ASK decreased -17%. Traffic climbed +35% to 485,400 passengers over the first nine months of 2005 and load factor rose 2 points to 61% LF. "Our market share in Estonia has been constantly over 45%, despite the increased competition, and we expect to keep our share of the market," President and CEO Borge Thornbech said.

December 2005: Estonian Air (ENA) is increasing frequency on Scandinavian routes from Mar 26th. Oslo service will increase from 7 to 9 flights a week. Currently the airline operates a daily service with 2 flights on Mondays and Fridays. It will add a 2nd flight on Sundays. Copenhagen will increase from 18 to 19 flights a week. By adding a 3rd flight on Wednesdays the airline will operate 3 flights on all weekdays and 2 on weekends. Stockholm will get 4 additional flights a week on Mon/Wed/Thu/Fri. This means that on those 4 weekdays the airline will operate 3 flights.

January 2006: Estonian Air (ENA) to launch four weekly flights, Tallinn to Barcelona from May 14 operating 4 flights a week, on Mon/Wed/Fri/Sun, with a 737-500. The carrier operates direct flights from Tallinn to 14 destinations throughout Europe.

February 2006: Estonian Air (ENA) announced it earned a net profit of +EEK65.9 million/+$5 million in 2005, an improvement of +95% over 2004 net earnings of approximately +$2.6 million. Operating revenue increased +20% to EEK1.14 billion as the number of passengers carried grew +18% to 642,700. The carrier said it will add flights to Barcelona, Dubrovnik and Simferopol in 2006 as well as frequencies on its Stockholm, Oslo and Copenhagen routes. Those three, along with London, proved to be Estonian (ENA)'s most popular destinations last year. The company's charter business grew +75% to 65,000 passengers.

April 2006: Added its first 737-33R (28873, ES-ABJ), ex-Air New Zealand (ANZ), GECAS (GEF) leased delivery.

May 2006: Estonian Air (ENA) will discontinue service to Manchester on July 1st. Service to Dublin will be discontinued on September 1st. The airline will also temporarily discontinue service to Hamburg and Paris for the winter season, however, these routes will resume in the 2007 summer season.

June 2006: Estonian Air (ENA) will close its Talinn - Manchester route on July 1 and its Talinn - Dublin service on September 1. In the autumn, flights to Paris and Hamburg will be suspended for the winter season.

July 2006: As the national carrier of Estonia, Estonian Air (ENA) operates scheduled and charter, passenger, jet airplane services throughout Europe.

Employees = 347.

(IATA) Code: OV - 960. (ICAO) Code: ELL (Callsign - ESTONIAN).

Parent organization/shareholders: Scandinavian Airlines (SAS) Group (49%); Estonian government (34%); & Cresco (17%).

Alliances: Aeroflot Russian Airlines (ARO); AeroSvit Airlines (UKA); AirBaltic (BAU); & Scandinavian Airlines (SAS).

Main Base: Tallinn Airport (TLL).

International, Scheduled Destinations: Berlin; Brussels; Copenhagen; Dublin; Frankfurt; Hamburg; Kiev; London; Manchester; Milan; Moscow; Oslo; Riga; Stockholm; & Vilnius.

September 2006: Estonian Air (ENA) will resume nonstop service from Tallinn to Dublin on October 29th. The airline will operate 2 flights a week departing Tallinn on Thursdays & Sundays late evenings and departing Dublin on Mondays & Fridays shortly after midnight and operating with a 737-500. Estonian Air (ENA) will increase the frequency on its Tallinn to Brussels route from 4 to 7 flights a week from October 30th. The morning flight which operated on Mondays & Wednesdays will also operate on Tuesdays; the evening flight operated on Tuesdays & Thursdays will also operate Wednesdays & Fridays, all with 737-500s. Estonian Air (ENA) will increase the frequency on its Tallinn to Frankfurt route from 3 to 4 flights a week from November 1st. The airline will add a Wednesday flight to existing Mondays, Saturdays, & Sundays flights, all with 737-500s. Estonian Air (ENA) will inaugurate nonstop service from Tallinn to Milan Malpensa on October 31st. The airline will operate 3 flights a week, on Tuesdays, Thursdays, & Saturdays, using a 737-500. The service will replace flights into Bergamo which will be discontinued in October.

Estonian Air (ENA) announced that flights from Tallinn to Milan will land at Malpensa instead of Bergamo beginning October 29.

November 2006: Estonian Air (ENA) will suspend Talinn - Paris (CDG) flights for the winter, and restart the thrice-weekly service on March 25 aboard a 737-500.

January 2007: 737-36N (28572, ES-ABK), ex-Astraeus (AUA), GECAS (GEF) leased.

February 2007: Estonian Air (ENA) flew 689,800 passengers in 2006, a +7.3% increase over 2005. Load factor rose +1 point to 62% LF. Chairman, Olev Schults said the airline suffered a net loss for the year, "caused mainly by the considerably lower than expected market growth, a series of technical problems, and consequent extraordinary costs." The company will publish its results in April.

Appoints Peter Arvisson, Chief Commercial Officer (CCO).

March 2007: Estonian Air (ENA) will introduce a sixth airplane to its fleet, a 737-500, in June and launch four-times-weekly Tallinn - Vienna service. It also will reintroduce thrice-weekly flights to Hamburg, beginning March 26 and announced summer services to Paris Charles de Gaulle (four-times-weekly), Dubrovnik (twice-weekly) and Simferopol (twice-weekly).

Starting May 12th, Tallinn - Simferopol, using 737-500s. Starting June 4th, Tallinn - Vienna, using 737-500s. Starting June 9th, Tallinn - Dubrovnik, using 737-500s.

April 2007: Estonian Air (ENA) will lease two Saab 340s from the manufacturer. The airplanes will join the fleet in May and September and will replace F 50s. The carrier said it will use them to develop several new regional routes, starting with St Petersburg.

July 2007: Estonian Air (ENA) plans to reduce its weekly Tallinn -Paris Charles de Gaulle flights from four to three from August 31 and its weekly Tallinn - Barcelona service from three to two from September 26. It will suspend Tallinn - Barcelona flights October 28 - February 16.

September 2007: Estonian Air (ENA) will add two 33-seat Saab 340s to its current fleet of six 737s. The regional airplanes will operate three new routes: Daily Tallinn - Helsinki, and six-times-weekly Tallinn - Vilnius, beginning September 24, and twice-weekly Tallinn - Kuressaare - Stockholm Arlanda from September 27. The airline also is planning to launch service to St Petersburg and Minsk, when it secures the traffic rights. The Saab 340s will be operated by Estonian Air (ENA) Regional, a wholly owned subsidiary.

January 2008: Estonian Air (ENA) said it reached a labor agreement with the Estonian Transport and Road Workers Union (ETRA) that will include a +12.1% salary increase this year. (ETRA) called off a "warning strike."

February 2008: Estonian Air (ENA) launched thrice-weekly, Tallinn - Minsk on a 33-seat, Saab 340.

MNG Technic (IST) reached agreement with Estonian Air (ENA) to provide line maintenance and technical support for four 737-500s and two 737-300s at Istanbul Ataturk and Antalya.

March 2008: Estonian Air (ENA) carried 51,851 passengers in February, up +18.4% from the year-ago month.

The (SAS) Group said it will receive "slightly more" than >SEK1 billion/$163.3 million in cash and credit toward new airplane purchases in settlement with Bombardier and Goodrich (BFG) over the DHC-8-Q400 landing gear incidents that led the airline to retire its 27 DHC-8-Q400s last fall. As part of the settlement, (SAS) ordered 13 firm CRJ-900 NextGen, worth $474 million and 14 DHC-8-Q400 NexGen worth $356 million. It optioned a further 17 CRJ-900s and seven DHC-8-Q400s. Delivery of the firm airplanes begins this fall and continues through 2011. Bombardier valued the firm orders at approximately $883 million, which could increase to $1.75 billion, if all options are exercised. The CRJs will be delivered to (SAS) Scandinavian Airlines and Estonian Airlines (ENA), while the DHC-8-Q400s will go to subsidiaries, Wideroe and airBaltic (BAU). "We are very satisfied with the settlement with Bombardier," (SAS) President & CEO, Mats Jansson said. "The firm order for 27 airplanes will bring a rejuvenated premium product to our customers. The CRJ-900 and DHC-8-Q400 NextGen airplanes are well-suited to our operations in Northern Europe."

April 2008: Estonian Air (ENA) carried 63,946 passengers in March, up +16.3% year-over-year, helping boost first-quarter boardings to 163,230, up +17%.

February 2009: Estonian Air (ENA) will conduct a €7.3 million/$9.4 million rights issue, according to the SAS Group, which holds a 49% stake in the company. (SAS) said it will participate through the conversion of €2.4 million of outstanding loans to (ENA) into equity and an additional €1.2 million cash payment. The Estonian government (34%) and AS Cresco (17%) also will subscribe to their respective proportion of shares. (SAS) said it still plans to divest its interest in (ENA).

April 2009: Estonian Air (ENA) will launch thrice-weekly, Amsterdam - Tallinn service June 7 aboard a CRJ-900.

June 2009: Estonian Air (ENA) carried 45,972 passengers in April, down -31.7% year-over-year.

July 2009: Amadeus won a five-year contract from the (SAS) Group for a full-content agreement that guarantees travel agents access to the full range of fares and inventory of (SAS) Scandinavian Airlines, Wideroe, Blue1 (BLF) and Estonian Air (ENA).

August 2009: Estonian Air (ENA) resumed thrice-weekly, Tallinn - Helsinki service.

December 2009: The Estonian government is discussing re-acquiring a majority share in Estonian Air (ENA) by purchasing part of the (SAS) Group's stake, officials told "The Baltic Times." (ENA) currently is held by (SAS) (49%), Estonia (34%) and the Cresco investment bank (17%). Prime Minister, Andrus Ansip said it will partner with another airline investor on the acquisition. "(SAS) plans to sell its holding in (ENA) and has made a corresponding offer to the Estonian state. We are ready to consider this offer, but price will determine a lot," he said.

June 2010: Estonian Air (ENA) carried 54,043 passengers in May, up +5.4% year-over-year.

In the latest step in its Core (SAS) program to "focus on the Nordic home markets," the (SAS) Group announced it reached an "agreement in principle" to sell nearly all of its 49% holding in Estonian Air (ENA) to the Estonian government.

Under a deal recently announced, the government will provide approximately SEK205 million/$26.3 million of new capital to (SAS) via a rights issue and (SAS) will convert approximately SEK20 million in loans into new equity.

After the rights issue, (SAS) will continue to hold 10% of (ENA), with the Estonian state holding 90%. Estonian (ENA) has an option to buy out (SAS)'s remaining stake and (SAS) has the option to sell its stake "at fair market value" after four years. The two carriers will continue their commercial cooperation, (SAS) said. (SAS) also will hold around SEK70 million in Estonian debt maturing in 2014.

(SAS) acquired its stake in 2003 at a time when it was in an expansionist mode. (SAS) also at one time held a significant stake in Riga-based airBaltic (BAU) that it divested in early 2009. Estonian Air (ENA) operates four 737 Classics and two Saab 340s.

July 2010: Estonian Air (ENA) will operate seasonal weekly, Tallinn - Athens service through August 16. It will increase four-times-weekly, Tallinn - St Petersburg service (operated by Rossiya - Russian Airlines (SDM)) to five-times-weekly, August 3 and six-times-weekly September 2.

August 2010: Estonian Air (ENA) has two additional ex-Air Baltic (BAU) and ex-British Airways (BAB) 737-500s and has launched and resumed some seasonal routes:
Tallinn - Barcelona: weekly, 737-300 service between June 5 and September 25;
Tallinn - Berlin Tegel - Hamburg Fuhlsbüttel - Tallinn: 3x weekly seasonal, 737-500 services between May 3 and September 25 (one flight operating in the opposite direction).

Estonian (ENA), however, gave up its Tallinn - Munich route on March 27. (SAS) Scandinavian Airlines and the Estonian government have agreed to a transaction where the Estonian government has provided additional 21 million EUR in capital to (ENA) resulting in the stake of (SAS) in the carrier to decrease from 49% to 10%. At the same time, the two parties have agreed that the Estonian government gets an option to buy the remaining 10% stake from (SAS) at a later time between now and 2014. (ENA) and (SAS) will continue to cooperate in the same fashion for the time being. It is expected that (ENA) will no longer take delivery of the three CRJ-900s it has on order.

September 2010: (SAS) and Estonian Air (ENA) reached a code share agreement under which (ENA) will place its code on (SAS)'s daily, Stockholm - Vilnius service beginning October 31.

(ENA) is close to clearing the last hurdles in its corporate turnaround plan, having announced a preliminary deal to order three Bombardier CRJ-900s. The deal is subject to parliament approval for a capital increase for (ENA) approved by the Estonian government.

According to the plans, (ENA) would raise its stake in the airline to 90% from 34% by injecting $23 million of fresh capital. If the injection is waved through by parliament, the (SAS) Group share in the airline will be diluted to 10% from 49%. (SAS) last year decided to focus on its home market in Scandinavia, while disposing of stakes in affiliated airlines. It has since sold its shareholdings in
Spanair (SPP) and BMI (BMA).

The (SAS) Group announced it reached a final agreement that will result in (SAS) divesting its 49% stake in Tallinn-based Estonian Air (ENA) to the Estonian government. Under a deal recently announced, the Estonian government will provide approximately SEK200 million/$28.3 million in a new rights issue and (SAS) will convert approximately SEK20 million in loans into equity.

After the rights issue, the Estonian state will hold 90% and (SAS) 10%. (SAS) will remain the lender of approximately SEK70 million in loans with a maturity date in 2014. (ENA) will have an option to buy (SAS)'s remaining stake and (SAS) has the option to sell its stake at fair market value after four years.

The transaction is conditional upon Estonia parliamentary approval and is neutral to profit and liquidity of the (SAS) Group. The two carriers will continue their commercial cooperation, (SAS) said.

Estonian (ENA) currently operates a fleet of two 737-500s, two 737-300s and two Saab 340s. The CRJ-900s are expected to replace the 737-500s. (ENA) says it would like to increase frequencies on business routes. Two of the airplanes are to be delivered next year, with the third one following in 2012. An earlier contract for three CRJ-900s was terminated in the beginning of 2010 after (ENA) failed to raise the necessary financing. That issue has now been resolved by the government investment.

The airline is nevertheless struggling. In the first seven months of the year, traffic was down more than -4% (RPK), and it is seen as unlikely that the airline will return to profitability this year.

October 2010: Estonian Air (ENA) carried 57,398 passengers in September, up +12.3% year-over-year.

(ENA) will launch weekly, Vilnius - Milan Malpensa service on December 18. (ENA) and Brussels Airlines (DAT)/(EBA) signed a code share agreement under which (DAT)/(EBA)'s code will be placed on (ENA)’s thrice-weekly, 737-500 Tallinn – Brussels service from October 31.

Bombardier Aerospace announced that Estonian Air (ENA) has signed a firm order for three CRJ-900 NextGen airplanes and has also taken options on two CRJ-900 NextGen airplanes. Based on the list price for the CRJ-900 NextGen airplanes, the contract is valued at approximately $123 million USA, which could increase to $211 million.

January 2011: Estonian Air (ENA) will operate seasonal thrice-weekly, Tallinn - Berlin Tegel service until September 30.

(ENA) took delivery of the first of three CRJ-900 NextGen jets it ordered in 2010. The CRJ-900s will mainly be used on high-demand business (C) destinations.

2 Canadair CRJ-900 NextGen (15261, ES-ACB, 2011-01; 15262, ES-), ex-(C-GIBH) deliveries.

May 2011: Estonian Air (ENA) announced President & CEO, Andrus Aljas resigned, to be effective June 1. Aljas joined (ENA) in 2006 as a member of the management board and VP Finance.

November 2011: As the national carrier of Estonia, Estonian Air (ENA) operates scheduled and charter, passenger, jet airplane services and flies non-stop from Tallinn to 25 destinations in the (CIS), Scandinavia and in Europe.

Employees = 247.

(IATA) Code: OV - 960. (ICAO) Code: ELL (Callsign - ESTONIAN).

Parent organization/shareholders: Estonian Government (90%); and the (SAS) Group (10%).

Airline subsidiaries/shareholdings: Estonian Air Regional (100%).

Alliances: Aeroflot Russian Airlines (ARO); AeroSvit Airlines (UKA); Belavia Belarussian Airlines; Brussels Airlines (DAT)/(EBA); (KLM), Rossiya Airlines (SDM), Scandinavian Airlines (SAS), and Spanair (SPP).

Main Base: Tallinn Airport (TLL).

International, Scheduled Destinations: Amsterdam; Berlin; Brussels; Copenhagen; Dublin; Frankfurt; Hamburg; Hannover; Helsinki; Joensuu; Jyvaskyla; Kajaani; Kiev; Kokkola-Pietarsaari; Kuressaare; London Gatwick; Manchester; Milan; Moscow Sheremetjevo; Nice; Oslo; Paris; Riga; Stockholm; St Petersburg; Tartu; Tbilisi; Trondheim; Venice; Vienna; & Vilnius.

Charter destinations: Agadir; Ankara; Barcelona; Dalaman; Dubai; Geneva; Heraklion; Istanbul; Larnaca; Malta; Milan; Monastir; Munich; Naples; Palma de Mallorca; Rome; Salzburg; and Varna.

December 2011: Estonian Air (ENA) has joined the European Regions Airline Association. (ENA) operates two 737-500s, two Bombardier CRJ-900 NextGens and two Saab 340s. This month, (ENA) will add the third CRJ-900 NextGen. In 2010, (ENA) carried 582,320 passengers.

Estonian Air (ENA) customers can now check-in via Short Message Service (SMS) and receive boarding pass on their mobile phone. (SMS) check-in is available on flights from Tallinn, Tartu, Vilnius, and Kuressaare.

In order to check-in via (SMS), a passenger’s mobile number needs to be entered to the (SMS) report field while buying a flight ticket. The mobile number can be added also after the purchase on page “My trips“ http://estonian-air.ee/en/travel-information/before-the-flight/flight-ticket/my-trip/. In case the ticket is bought from travel agency, the mobile number can be entered by the agency.

20 hours prior to scheduled departure, Estonian Air (ENA) sends an (SMS) with flight information to the passenger. Replying to the (SMS) with a letter “A”, the passenger confirms the (SMS)-registration. (ENA), in turn, confirms the check-in by sending an (SMS) in English with a link through which the boarding pass can be downloaded (Internet connection is required) and presented to the authorities when boarding the plane. (SMS) check-in is possible with mobile phones that can browse the web and display images, and an Internet connection for the download.

January 2012: Estonian Air (ENA) carried 678,049 passengers last year, up +16.4% compared to 2010. In December, (ENA) carried 44,541 passengers, up +4%.

“The positive results were supported by new network and improved products. Flights have been also made more affordable. The bookings for 2012 indicate similar growth figures to continue,” said (ENA) Commercial Officer, Rauno Parras.

In 2011, (ENA) operated 11,691 flights, up +11.5% compared to the previous year. In December, (ENA) operated 883 flights, up +16.1% compared to the year-ago month.

(ENA) flies to 25 destinations in the (CIS), Scandinavia and Europe. In November 2011, the Estonian government approved (ENA)`s new business strategy that focuses on providing better air connections to and from Estonia. The state will invest €30 million/$38.3 million) to renew the airline fleet, and increase flight frequencies and the number of destinations. 90% of (ENA) shares belong to Estonia, 10% are owned by the (SAS) Group.

(ENA) has recently announced new destinations for summer 2012. To strengthen its position in the Baltic region, (ENA) will relaunch the flights to Helsinki and Riga. (ENA) will launch flights to Hannover, Vienna, and Venice in Europe, and Tbilisi in the (CIS). Significant increases in frequencies will be made to Amsterdam, Brussels, Copenhagen, Stockholm, Vilnius, Moscow, and St Petersburg.

(ENA) has announced a new strategy to transport more transfer passengers via Tallinn and has introduced new feeder routes:
Tallinn - Hanover: 6x weekly CRJ-900 service starting on April 2;
Tallinn - Helsinki: 3x daily Saab 340 service resuming on March 25 (operated by Estonian Air Regional);
Tallinn - Joensuu: 4x weekly Saab 340 service starting on March 26 (operated by Estonian Air Regional);
Tallinn - Jyväskylä: 7x weekly Saab 340 service starting on March 25 (operated by Estonian Air Regional);
Tallinn - Kajaani: 4x weekly CRJ-900 service starting on April 3;
Tallinn - Kokkola/Pietarsaari: 6x weekly Saab 340 service starting on March 27 (operated by Estonian Air Regional);
Tallinn - Riga: 3x daily Saab 340 service resuming on March 25 (operated by Estonian Air Regional);
Tallinn - Tbilisi: 4x weekly CRJ-900 service starting on April 8;
Tallinn - Venice Marco Polo: 2x weekly seasonal 737-500 service between June 9 and September 1;
Tallinn - Vienna: 6x weekly CRJ-900 service resuming on March 25.

It will not resume its seasonal routes from Tallinn to Barcelona, Berlin Tegel, Kuressaare, and Milan Malpensa next summer season.

(ENA) has returned one of its 737-300s and one of its 737-500s to the lessors. It currently operates three CRJ-900s, a 737-500 and a 737-300 but it plans to replace the two Boeing airplanes with four additional CRJ-900s in 2012.

February 2012: Estonian Air (ENA) will increase 9X-weekly, Oslo - Tallinn service to 14X-weekly on March 25.

(ENA) will lease four Embraer EMB-170s from Finnair (FIN) and is in talks with the manufacturer and leasing companies over the delivery schedule and conditions for eight more airplanes, a mix of EMB-175s and EMB-190s, which are scheduled to enter the fleet in 2013 - 2015.

The first four 76-seat EMB-170s, which will be delivered this month, will replace its existing Boeing airplanes as (ENA) expands. “Embraer EMB-jet family offers a range of sizes, which allow us to also offer airplanes of similar size to existing smaller Boeing airplanes but at the same time keep single fleet type efficiency and regional airplane operating cost levels,” said (ENA) President, Tero Taskila.

Taskila said that having a smaller and larger version of the same type of airplanes “means significant economic efficiency for Estonian Air (ENA). We can change the airplane size based on demand on routes, thus reducing the need to change the amount of flight frequencies based on seasonality.”

(ENA) flies to 25 destinations in the (CIS), Scandinavia, and Europe. (ENA)’s fleet comprises one 737-300 and three Bombardier CRJ-900s, according to its website. Its subsidiary, Estonian Air Regional, has two SAAB 340s.

(ENA) carried 678,049 passengers last year, up +16.4% compared to 2010.

Last year, (ENA) said the state will invest €30 million/$38.3 million in (ENA) to renew its fleet and increase flight frequencies and destinations.

Estonian Air (ENA has ordered three EMB-175s and one EMB-190 as it transitions to a fleet of Embraer EMB-Jets. Delivery is scheduled for the second half of 2014.

(ENA) will also take eight additional airplanes (four EMB-170s and four EMB-190s) under a combination of lease agreements with third parties and leasing companies. The first of four EMB-170s leased from Finnair (FIN) enters service this month.

All EMB-Jets will be configured in a single-class layout, with 76 seats on the EMB-170s, 88 on the EMB-175s, and 112 on the EMB-190s, according to Embraer (EMB).

(ENA) President, Tero Taskila said (ENA) chose Embraer EMB-Jets to replace its current fleet of 737s and Bombardier CRJs because “the one-family concept offers the capacity flexibility we need to pursue our immediate expansion and fleet modernization objectives. The airplanes will deliver a standard of in-flight experience that will keep us competitive and allow us to access new markets with lower risk than using larger jets,” he said.

“We have also been following with high interest the analysis that Embraer (EMB) is conducting to launch a second generation of its EMB-Jets, using new engines, with possible entry into service (EIS) around 2018,” Taskila said.

According to Embraer (EMB), nine airlines (Bulgaria Air (LZB), (LOT) Polish Airlines, Finnair (FIN), Air Moldova (MOL), Montenegro Airlines, Belavia (BLV), Dniproavia, AeroSvit (UKA) and Air Astana (AKZ) have ordered or are flying EMB-Jets.

April 2012: Estonian Air (ENA) on 2 April opened a route from Tallinn to Hanover. The north German city is (ENA)'s only destination in the country. (ENA) previously flew to Berlin in 2009, but later abandoned the route.

The airline is flying to Hanover six times per week, using a 76-seat Embraer EMB-170.

May 2012: 737-33R (28873), returned to (GEF) and leased to new Ukrainian operator Air Onix (ONX).

June 2012: Estonian Air (ENA) and AirFrance (AFA) have announced a code share agreement under which (AFA) will place its code on 6X-weekly, (ENA) Paris Charles de Gaulle - Tallinn service.

September 2012: Estonian Air (ENA) will switch its Tallinn (TLL) flights from London Gatwick (LGW) to London City Airport (LCY) when it steps up services next year.

(ENA) will end its 2X-weekly, (TLL) - (LGW) in October and replace it with a new service to (LCY) from March 1. Initially 3X-weekly, the service will ramp up to 4X-weekly in May, then go to 6X-weekly in June.

The new service will be tied to the arrival of (ENA)’s new 112-seater Embraer EMB-190, which will operate the route. (ENA) is due to receive two EMB-190s by mid-2013. The new airplanes will require some modifications to handle the steeper approach path into (LCY), which has a short runway and high buildings.

(ENA) (CEO), Tero Taskila said, “There are several benefits for the airline. The turnaround time in (LCY) is 25 minutes instead of 45 minutes in (LGW). That adds one hour to airplane utilization. We also have a good agreement with (LCY), so the commercial conditions are better,” Taskila said.

(ENA) made the switch because statistics show the majority of passengers on the (TLL) - London sector terminate their journeys in London. (LCY) has faster access to the city center than (LGW).

Most of (ENA)’s passengers are business travelers and (LCY) is a heavily business-oriented airport, located close to the city’s Canary Wharf financial district.

(ENA) will be the only carrier from Scandinavia and the Baltic flying into (LCY).

October 2012: AirBaltic (BT) (CEO) Martin Gauss is keen to explore the potential for regional consolidation with Baltic carrier Estonian Air (ENA), although management at the neighboring carrier has been quick to dismiss the idea.

“We are looking at the Baltic region intensively and will take whichever opportunities arise,” Gauss said. “We are AirBaltic (BAU) and the Baltics are three countries. I would like to see something happen. When we are seeing consolidation across the whole of Europe, it makes sense that we should play our part.”

While Gauss wants to explore options, he effectively rules out the idea of a (BAU)-led acquisition.

“I would not recommend acquiring Estonian Air (ENA) from the AirBaltic (BAU) side. I would look at all possible ways of bringing together synergies, but I wouldn’t acquire them. It would not be a good idea for either side because we each have our own pasts. There must be way of doing this in a clever way.”

Current (ENA) (CEO), Tero Taskila is very familiar with the (BAU) operation. He was (CCO) of (BAU) until a year ago but left (BAU) to run (ENA) shortly before Gauss came onboard as (CEO).

Taskila said: “There are no negotiations. I think the whole discussion and rumors were started by a Lithuanian Minister, who said it would be a good idea. A couple of weeks later, the Latvian Minister said maybe we should discuss it. I think that idea has appeared every three years. I would say never say never because you don’t know what will happen in future, but at the moment there is no discussion.”

(ENA) plans to retire its single 737-500 (28997, ES-ABL) by the end of this month and its three CRJ-900s by the end of the winter schedule in March 2013. It will then operate a fleet of just Embraer regional jets including its four EMB-170s dry leased from Finnair (FIN) and two EMB-190s. (ENA) has three more EMB-175s and an additional EMB-190 on order. Its subsidiary, Estonian Air Regional also operates two Saab 340As and a Saab 340B.

November 2012: Estonian Air (ENA) has announced that it plans to cut -146 of its 318 jobs as part of a strategy change that will see the Estonian national carrier refocus on point-to-point traffic from and to Estonia. (ENA) currently operates three CRJ-900s and four EMB-170s with subsidiary Estonian Air Regional operating a total of three Saab 340s, two A and one B. As part of its new business plan, (ENA) expects to only operate five airplanes next summer season serving Amsterdam Schiphol (AMS), Brussels National Zaventem (BRU), Copenhagen Kastrup (CPH), Kiev Borispol (KBP), Moscow Sheremetyevo International (SVO), Nice Côte d'Azur (NCE), Oslo Gardermoen (OSL), Paris Charles de Gaulle (CDG), St Petersburg Pulkovo (LED), Stockholm Arlanda (ARN) and Vilnius International (VNO) airports from Tallinn.

February 2013: The European Commission (EC) has launched an investigation into Estonian Air (ENA)’s government funding support.

The (EC) said it has opened an “in-depth investigation into a number of public support measures granted by Estonia in favor of its flag carrier airline, Estonian Air (ENA). At this stage, the (EC) has doubts whether these measures are in line with (EU) state aid rules.”

Under (EU) rules, public interventions in companies can be considered free of state aid when they are made on terms that a private organization operating under market conditions would have accepted.

The (EC) frowns on repeated state aid, “as it artificially keeps companies alive that would have exited the market without such aid.”

The (EC) said (ENA) has recorded “significant losses” since 2006. It said (ENA) received three capital injections totaling €57.2 million/$75.5 million between 2009 and 2012, none of which was notified to the (EC).

While private shareholders participated in the 2009 and 2010 capital injections, the last of these involved purely state funding.

In December 2012, the Estonian government notified the (EC) of its intention to grant Estonian Air (ENA) a rescue loan of a further €8.3 million. This triggered the current investigation, as (EU) rules stipulate an airline can receive state aid only once in a decade.

“At this stage, the (EC) has doubts that these four previous measures were carried out on terms that a private player operating under market conditions would have accepted.”

If the (EC) determines that the funding was illegal under (EU) rules, Estonian Air (ENA) may have to repay the monies it received. (ENA) is almost wholly state-owned.

The (EC) has in recent months opened investigations into two other national flag carriers, Latvia’s AirBaltic (BAU) and Slovenia’s Adria Airways (ADR).

March 2013: Estonian Air (ENA) widened its deficit in 2012, with net losses reaching -€49.2 million/-$63.8 million, widened from a -€17.3 million net loss in 2011. Revenue was €91.5 million, up from €76.1 million in the year-ago period.

Much of the loss was a result of (ENA)’s previous growth and route expansion policies, which accounted for some €26 million in costs, the company said. In November 2012, (ENA) reported a nine-month loss of -€20.2 million, nearly doubled from -€11.2 million in the year-ago period. Former Cimber Sterling (CEO), Jan Palmér took over November 1 after (ENA) fired (CEO), Tero Taskila.

“Late last year, the supervisory council of the company decided to change Estonian Air (ENA)’s business model from growth-oriented carrier to a regional point-to-point airline,” (CEO), Jan Palmér said.

“While (ENA) carried a record number of passengers in 2012, low yields from transfer traffic did not support the airline’s bottom line. Although the airline brought four new jet airplanes into service by the start of the summer season, overall the fleet transition proved to be more costly than planned,” he added.

From the end of January, (ENA) has launched a restructuring plan with the aim of becoming a cost-efficient regional carrier, providing flights to destinations critically important for the small Baltic nation, sectors on which demand is consistently high.

A year ago, (ENA) flew to 24 destinations in Scandinavia, Europe and the (CIS). That network has now been pared back to just 10 core destinations: Stockholm, Copenhagen, Amsterdam, Brussels, Oslo, Moscow, St Petersburg, Kiev, Vilnius, and Trondheim. Among destinations dropped are London, Vienna, and Venice.

“Our turnaround is on track,” Palmér said. “We have already succeeded in increasing the yield, signed collective agreements with crews, started to divest non-core assets and [are] thus starting to be where we want to be.”

April 2013: Estonian Airlines (ENA) introduced daily, Tallinn - St Petersburg Bombardier CRJ900 and Embraer EMB-170 service.

June 2013: Through an agreement with Estonian Air (ENA), Air Lituanica will begin selling tickets on more than >100 Estonian Air flights. Air Lituanica will offer three types of travel: EcoTravel for budget travelers, Flexi Travel for those passengers who may change flights if their travel plans change for no fee, and Club tickets are offered for flexibility and comfort — passengers can wait to board in the business (C) class lounge and if plans change, tickets are refundable.

July 2013: Baltic flag-carrier, Estonian Air (ENA) reported first-half net loss of -€5.8 million, narrowed from a -€14.9 million net loss year-over-year. Revenue was €35.7 million/$47.4 million), down -19% compared to the year-ago report.

New start-up carrier, Air Lituanica (LUA)'s Erikas Zubrus, Chief Executive Officer (CEO) said “Air Lituanica (LUA) has chosen Estonian Air (ENA) as a commercial partner to ensure a wide distribution network throughout the world and to offer connecting flights starting from Vilnius to more than >100 cities.”

(LUA) and (ENA) will also partner in other commercial areas, such as ticketing, revenue management, interline and code share agreements.
“Estonian Air (ENA) is a cost-effective airline and cooperation between the two Baltic airlines will allow us to achieve more efficiency and provide competitive services,” Estonian Air (CEO) Jan Palmer said. Estonian Air (ENA) operates three Bombardier CRJ900s and two EMB-170s, but it has been seeking contract flying for its two remaining EMB-170s.

September 2013: Estonian Air (ENA) begins its winter schedule on October 27 with weekly services from Tallinn as follows: Amsterdam (11X), Brussels, Vilnius and Oslo (8X), Kiev and Saint Petersburg (5X), Copenhagen and Stockholm (19X), Moscow (6X) and Trondheim (2X). (ENA) will fly seasonal weekly, Tallinn - Munich between December 21 - March 29.

October 2013: Estonian Air (ENA) posted a loss of -€6.1 million/-$8.4 million for the first nine months of the year, narrowed from the -€20.2 million loss for the year-ago period.

November 2013: Estonian Air (ENA)’s winter schedule through March 2014 is as follows: Tallinn - Amsterdam, daily; - Brussels, 8x-weekly; - Kiev, 5x-weekly; - Copenhagen, 19x-weekly; - Moscow, 6x-weekly; - Oslo, 8x-weekly; - St Petersburg, 5x-weekly; - Stockholm, 19x-weekly; - Trondheim, 2x-weekly; - Vilnius, 8x-weekly. Beginning December 21, Estonian Air (ENA) begins seasonal weekly Tallinn - Munich service.

December 2013: Lithuanian start-up carrier, Air Lituanica (LUA) and Estonian Air (ENA) have severed their cooperation following bitter allegations of unpaid debts from both sides.

Vilnius-based Air Lituanica (LUA) launched operations in June under a code share partnership with Estonian Air (ENA), which also provided the start-up with an Embraer EMB-170 and sales support. However, the relationship between the two carriers came to an abrupt end on November 27.

“Air Lituanica (LUA) has repeatedly and on an ongoing basis failed to meet its payment obligations toward Estonian Air (ENA) as set forth in our agreements,” (ENA) (CEO), Jan Palmer said. “(ENA) has been forced to terminate the contracts due to these breaches by (LUA) (breaches that have not been cured in spite of continuous talks and settlement proposals by (ENA).”

(LUA) (CEO), Erikas Zubrus confirmed the split, but countered that (ENA) is actually the one in breach of contract, having run up millions in unpaid debts. He threatened “extreme measures” if its former partner does not pay. “Upon unilateral termination of the contract by Estonian Air (ENA), they left indebted to us (Air Lituanica) LTL5.7 million/$2.2 million for already transported passengers and deposits paid,” Zubrus said.

Under the original contract, (ENA)’s EMB-170 was meant to have been placed with Air Lituanica (LUA) until the end of 2015, operating (LUA)’s services from Vilnius to Amsterdam and Berlin. The remainder of Air Lituanica (LUA)’s network comprises Brussels, Munich, and Prague.

Following the split, (ENA) will continue to operate the Vilnius - Amsterdam route until December 13 and Vilnius - Berlin until January 6. “We have no intentions [of serving] these routes independently in the long term,” Palmer said.

Air Lituanica (LUA) will continue to operate services to Berlin, Brussels, Munich, and Prague, and is aiming to relaunch Vilnius - Amsterdam service independently. It also announced plans to launch a new 4x-weekly Vilnius - Paris Charles de Gaulle service from February 14, which will initially have a 20-minute stop in Prague until April 28, when the flights will operate directly. “The company estimates that over >25,000 passengers will be carried to the French capital in the first year of operation,” it said.

During the holiday period, Air Lituanica (LUA) will offer flights from Vilnius and Palanga to London and Dublin, in cooperation with Small Planet Airlines (LIJ). In spring 2014, the company intends to expand its fleet.

Estonian Air (ENA) began weekly seasonal, Tallinn - Munich service on December 21.

January 2014: Estonian Air (ENA), the flag carrier of Estonia, increased its seasonal offering with the launch of a new winter route from its Tallinn (TLL) base to Munich (MUC) on December 21st. The 1,495 km sector to the third largest city in Germany will be operated weekly, on Saturdays, until March 29th, utilizing (ENA)’s 88-seat CRJ 900s. (ENA)’s only service to Germany will face no competition.

Estonia’s national carrier Estonian Air (ENA) has sold its 60% stake in Amadeus Estonia to Madrid-based Amadeus Information Technology (IT) Group as part of (ENA)’s restructuring process. The move increases Amadeus (IT) Group’s share of Amadeus Estonia from 5% to 65%. The remaining 35% of the shares are held by Amadeus Finland.

(ENA) (CEO), Jan Palmér said: “The sale of our shares in Amadeus Estonia is a next step of the restructuring process, whereby we have decided to divest our non-core assets and shares that are not directly related to our core business.”

February 2014: The European Commission (EC) has launched in-depth investigations into the financial rescue deals for Cyprus Airways (CYP) and Estonian Air (ENA), to verify whether cash infusions breach European Union (EU) state aid rules. Earlier investigations into both carriers for similar suspected infringements are still ongoing.

In Cyprus Airways (CYP)’s case, the (EC) will investigate the Mediterranean island government’s plans to support the restructuring of the national carrier with €103 million/$139 million. The (EC) said it would “investigate in particular whether the restructuring plan is suitable to make Cyprus Airways (CYP) viable without continued state support and to offset the competition distortions created by the state aid.” It also has concerns as to whether (CYP) is making a sufficient contribution to the cost of restructuring. Cyprus Airways (CYP) has been loss-making for several years.

The opening of an in-depth investigation gives interested third parties an opportunity to comment on the measures under assessment. The (EC) gave notice of its concerns last year.

Last December, (CYP) had notified the (EC) of a €102.9 million aid package to restructure Cyprus Airways (CYP) over a five-year period. This included a €31.3 million capital injection granted in 2012, conversion of €63 million of debt to equity and €8.6 million to cover the deficit of the company's Provident Fund, a benefit scheme for some employees.

(EU) rules say that governmental restructuring aid may be granted only once in 10 years, so that chronically weak companies are not kept alive artificially, to the detriment of better-run competitors. The (EC) noted it had previously approved restructuring aid for Cyprus Airways (CYP) in 2007 and that since then, (CYP) had received the 2012 capital injection and a €34.5 million loan the following year.

In Estonian Air (ENA)’s case, the (EC) is looking at whether a 2013 €40.7 million restructuring grant is legal. As with Cyprus Airways (CYP), the (EC) has doubts as to whether this will ensure (ENA)’s long-term viability. Similarly, it said that earlier state interventions totaling €57 million since 2009 may be deemed to have breached the “once in a decade” ruling.

Several other (EC) investigations are underway into (LOT) Polish Airlines, airBaltic (BAU), Adria Airways (ADR) and (SAS) Scandinavian Airlines.

May 2014: Estonian Air (ENA) has reported a 2013 net loss of -€8.1 million/-$11.1 million, narrowed from a net loss of -€49.2 million for 2012. (ENA) said it is now refocused on its new role as a regional carrier.

Full-year revenue, at €72.3 million, was -21% lower than 2012’s €91.5 million, as (ENA) threw its previous expansion plans into reverse and slimmed down to concentrate on its heavily trafficked Nordic and northern European routes. Passenger numbers dropped -37.9%, to 551,169. “We have reduced the network to 10 core destinations, which are served with five airplanes, and turned the service concept to a regional model,” (CEO), Jan Palmér said.

The small carrier has a fleet of a mix of three Bombardier CRJ900s and four Embraer (EMB) EMB-170s.

Estonian Air (ENA) also operated flights from Vilnius to Amsterdam, Brussels, and Berlin on behalf of Air Lituanica (LUA) from June 30 to November 27 last year, although the two airlines severed their cooperation, following bitter allegations of unpaid debts from both sides.

Palmér said the company is in a much healthier position than when he took up his position in November 2012 with a remit to restructure the airline on to a sustainable basis. While the company’s focus in 2013 was on restructuring, in 2014 it is aimed at ensuring the continuation of “balanced and sustainable development.”

Palmér noted the European Commission (EC)’s investigations into the legality of state aid and aspects of Estonian Air (ENA)’s restructuring plan are continuing. “Together with our shareholder representatives, we are working to ensure that the decision expected in the near-term future will be positive.”

Estonian Air (ENA) and Aeroflot (ARO) expanded their cooperation on the Tallinn - Moscow service. (ENA) increases flights June 26 - August 29 from 7x-weekly to 9x.

Estonian Air (ENA), the flag carrier of Estonia, commenced operations to its second route to Amsterdam (AMS) on May 5th, with the addition of eight weekly flights from Växjö (VXO) in Sweden. The 819 km sector to the Dutch capital will be operated using (ENA)’s 76Y-seat EMB-170s and will face no competition from other operators. (ENA) is already serving Amsterdam with twice-daily flights from its Tallinn base. Commenting on the route launch, Ulf Axelsson, (CEO), Växjö Airport, said: “Växjö Småland Airport is extremely happy that after many years of hard work in trying to secure a route to a major European hub, that finally the day has come where accessibility is all of a sudden on our door step, as opposed to several hours by car or train away. This route will generate huge time and cost savings for both businesses as well as leisure passengers. The timetable is designed in such a way that a business trip to Europe over the day is now a possibility. We are thrilled to say the least.”

June 2014: Estonian Air (ENA) expanded its summer seasonal offering with the launch of a new route from its Tallinn (TLL) base to Berlin Tegel (TXL) on June 16th. The 1,046 km sector to the primary international gateway of Berlin will be served thrice-weekly until August 30th, utilizing (ENA)’s 88Y-seat CRJ 900s. Estonian Air (ENA) will face no competition on its only service to Germany.

(ENA) has nominated Indrek Randveer, who has a long-term sales and management experience, to take the position of (CCO) and management board member, effective May 19. (ENA)’s management board has three members including (CEO), Jan Palmèr; (CFO), Wade Stokes; and Indrek Randveer.

July 2014: Estonian Air (ENA) will begin 3x-weekly, Berlin - Tallinn service on August 30.

August 2014: Estonian Air (ENA) reported a first-half net loss of -€5 million/-$6.65 million, narrowed from a net loss of -€6.1 million reported for the same period last year.

First-half revenue was €32.9 million, down -8% year-over-year.

(ENA) cited reduced passenger numbers and lower yields due to increased competition at its Tallinn base for the negative performance indicators. (ENA) said that pressure on yields had increased across Europe, forcing airlines to adapt to changing market conditions.

(ENA) carried 260,000 passengers in the first half, down -8% on the same period last year.

(CEO), Jan Palmér said: “In the first half of the year, the total number of passengers fell slightly behind our forecast. This is mainly due to less number of operated flights compared to last year, which is due to demanding market situation. However, in June and July we have seen the passenger volumes coming back.”

(ASK)s during the period were down -4% to 398 million, and load factor was down -3.2% points to 63.3% LF. Variable costs were down -7% and fixed costs were down -23% on the same period last year. These cost reductions were mainly attributable to lower personnel costs resulting from a -13% cut back in staff numbers, and reduced airplane maintenance costs, partly due to a reduction in fleet size.

“During the second quarter, Estonian Air (ENA) has continued to perform in line with the restructuring plan, but in addition, we must now intensify measures in response to a harsher market,” Palmér said. “Competition in Tallinn airport has become tougher as new carriers have entered the market and we have been influenced by continuing uncertain situation in Ukraine, resulting in lower passenger volumes on the Kiev route and lower transit passenger volumes flying from Europe to Russia.”

In the first half of 2013, (ENA)’s cash flow was boosted by a loan of €23.8 million from the Estonian government. By the end of the 2014 first half, (ENA) had received €24.9 million from its rescue loan facility from the Republic of Estonia. (ENA) said it hoped to resolve its existing -€25.9 million negative equity position, if the European Commission (EC) rules positively on its restructuring plan, which in turn would trigger recapitalization of the company.

(ENA) anticipates a return to profit by 2016; the original plan covered the restructuring through to 2017. Its revised plan also includes a development vision, extending it through to 2018.

The (EC) launched an in-depth investigation in February to consider whether state aid for restructuring the national flag was in line with European Union (EU) state aid rules. The (EC)’s decision is not expected until the end of the year at the earliest.

September 2014: Estonian Air (ENA) will begin 2x-weekly, Tallinn - Milan service from April 21, 2015 - November 1, 2015.

October 2014: Estonian Air (ENA) starts 10x-weekly, Tallinn - Stockholm service, September 29 - December 19, and from January 26 - June 19, 2015.

November 2014: Baltic flag carrier, Estonian Air (ENA) reported a net loss of -€6.4 million/-$8 million for the nine months ended September 30, deepened from a loss of -€6 million in the year-ago period.

Revenue was down -6% to €52.2 million for the nine-month period, but variable costs decreased -1%, to €35.8 million year-over-year.

Passenger numbers fell -5% in the first nine months to 403,000, with (ASK)s static at 629 million. Load factor was down -2.4% point to 66.1% LF.

The Council of Estonian Air (ENA) approved the modified restructuring plan that was due to be submitted to the European Commission (EC) by the end of October. If approved, it will pave the way for Estonian investment company, the Infortar Group to take a majority shareholding in (ENA). Subject to approval by the Estonian government, the Infortar investment is anticipated in spring 2015.

Infortar (CEO), Ain Hanschmidt described the investment as a challenge.

Meanwhile, debate continues about the outcome of a dispute with Air Lituanica (LUA) after what it described as Estonian Air (ENA)’s “unilateral termination” of commercial cooperation contracts in November last year.

(LUA) referred the case to the Arbitration Institute of the Stockholm Chamber of Commerce in Sweden in a bid to recover from Estonian Air (ENA), income collected for passengers carried and deposits paid.

Air Lituanica (LUA) said the Arbitration Institute found in its favor and (ENA) would have to pay LTL3.3 million/$1.2 million to (LUA).

However, (ENA) said the arbitration panel found it was entitled to terminate its contracts with (LUA), and rejected (LUA)’s claim for damages. Instead, (ENA) said it was awarded damages of roughly half-a-million euros by the Arbitration Institute.

(ENA) said that “information circulating and stating that (ENA) must pay damages to (LUA) is not true.”

(ENA) said that, following six months of cooperation last year, it had terminated its contracts with (LUA) “because of poor payment behavior.” Following the termination, (ENA) decided to withhold more than >€1 million owed to Air Lituanica (LUA) until the end of the arbitration process because it “did not trust (LUA) to pay for the damages it caused by the early termination,” and because it was not sure (LUA) “had sufficient financing to survive until the end of the arbitration.”

(ENA) (CEO), Jan Palmér said: “The arbitration confirmed that (ENA) was entitled to terminate the contracts because of (LUA)’s poor payment behavior and awarded close to half-a-million euros in damages to (ENA). As a final settlement, (ENA) will return the revenue frozen since termination after deducting the damages (LUA) owes to (ENA).”

February 2015: Höga Kusten Flyg (Örnsköldsvik) will charter an EMB-170 from Estonian Air ((IATA) Code: OV, Tallinn Lennart Meri) (ENA) covering the period April 1 to May 1.

The twinjet, to be used on the Swedish virtual carrier's Stockholm Arlanda to Örnsköldsvik service, will replace an ATR72-200 currently chartered from Cimber ((IATA) Code: QA, based at Sønderborg) (STR).

March 2015: Estonian Air (ENA) is setting up a new subsidiary, called Nordic Flyways, which will undertake “white label” services for other carriers. The new operation will provide flight capacity to other airlines from later this year.

“Global aviation is following a trend, where long-haul flights of larger airlines are fed by regional airlines operating smaller-size airplanes,” Estonian Air (ENA) (CEO), Jan Palmér said. “Estonian Air (ENA) is looking for business possibilities in this area, and Nordic Flyways was established for that purpose.”

Palmér added that (ENA) had been cooperating with several other European airlines over the past two years to offer capacity. “We see a potential to grow as an airline outside Estonia by serving as a long-term partner on shorter routes for larger airlines, for which we have a suitable fleet.”

Estonian (ENA) now has to apply for the necessary licenses and permissions to get the subsidiary off the ground. “This process might take several months,” Palmér said.

(ENA)’s fleet consists of three 88-seat Bombardier CRJ900s and four 76-seat Embraer EMB-170s. A spokeswoman said this was two airplanes more than required for (ENA)’s own services.

Leases on the four EMB-170s are due to expire in fall 2015, she added, which provides an opportunity for adjustments in the fleet. Replacements are likely to be either more EMB-170s or CRJ-700s or CRJ-900s.

“When we get a contract to operate for some other airline, we will also start the process to add airplanes and crews to match the demand of the customer,” he said. “Estonian Air (ENA) needs to grow, but with low risk, so the only way to do that is to create a focused capacity provider airline, Nordic Flyways, to be able to negotiate long-term contracts.”

With a limited market in Estonia, it was unlikely that more routes could be created from Tallinn. “There is an opportunity to become a very cost-effective subcontractor to major airlines in Europe for regional jet operations.”

April 2015: News Item A-1: Estonian Air (ENA) resumes 2x-weekly Tallinn - Split service from June 24 - August 26, then weekly, August 30 until October 25.

News Item A-2: Liebherr-Aerospace Lindenberg has agreed with Estonian Air (ENA) to overhaul the landing gear of (ENA)’s Embraer EMB-170s. It will overhaul main and nose landing gear of the Estonian fleet.

May 2015: News Item A-1: Lithuanian carrier, Air Lituanica (LUA) ceased flying from noon Friday, May 22nd local time. The small airline, whose website credits it with operating an Embraer EMB-175, an Embraer EMB-145 and an ATR42 said its management had decided to stop operations.

The final flights operated from Vilnius, the Lithuanian capital, were to Amsterdam, Tallinn, and Paris. Afternoon services to Berlin, Prague, Brussels, and Stockholm were canceled.

Air Lituanica (LUA), which began services in 2013, said it had reached an agreement with airBaltic (BAU), from neighboring Latvia, to carry passengers booked on (LUA)’s services over the next eight days.

Attempts to reach Air Lituanica (LUA) by telephone were unsuccessful. As recently as early this year, (LUA) had been announcing expansion plans.

AirBaltic (BAU) said it would step into the breach and launch a series of new services from Vilnius from early September to six European destinations served by the defunct Lithuanian carrier. It already operates services between the Latvian capital, Riga, and Vilnius and also a Vilnius - Amsterdam service.

(BAU) confirmed that it would accept Air Lituanica (LUA) passengers for the next week and that passengers booked for flights beyond that date, would be offered “rescue fares” to their destinations.

“Our home market for airBaltic (BAU) is Latvia, Lithuania, and Estonia,” (CEO), Martin Gauss said. “We will consolidate and strengthen our services in our home market by offering more direct flights. We will rescue stranded passengers in the first days following the suspension of (LUA) flights and will offer special rescue fares for customers booked for flights later in the summer.”

In recent years, (BAU) has suggested that it would be sensible to have a single airline serving the small Baltic States. “Today’s event in Vilnius is a strong signal that the three Baltic countries should take a common approach to their aviation, to best support travelers, new economic activity, and new jobs,” Gauss said.

Following Air Lituanica (LUA)'s cessation of services, Estonian Air (ENA) announced it would nearly double frequencies on its Tallinn - Vilnius route from six to 11, beginning Monday. “We are planning to find out, together with the Lithuanian Ministry of Economic Affairs, what are the possibilities for future co-operation to connect Vilnius with the rest of European cities,” (ENA)'s (CCO), Indrek Randveer said.

News Item A-2: Estonian Air (ENA) has issued a tender invitation to register as an “Expression of Interest” for the sale and leaseback of three 2011 Bombardier CRJ900 NG airplanes. The tender process is being managed by Skyworld Aviation. Deadline is May 15.

August 2015: "Estonian Air (ENA) Sees Profitable Summer" by (ATW)
Alan Dron, August 28, 2015.

Estonian Air (ENA) believes it will break even in 2016, after it recorded its first profitable early summer months since 2010.

The small national carrier (it has a fleet of three Embraer EMB-170s and three Bombardier CRJ900s, with two CRJ700s due to join the fleet in September) has struggled in recent years.

It has two business lines: serving destinations that are strategically important to Estonian travelers and providing capacity to several major airlines in Europe and Scandinavia. “This year, profitable summer months indicate that the restructuring plan has helped us to establish a solid foundation for long-term sustainability,” (CCO), Indrek Randveer said. “Active sales in Estonia and destination markets and capacity providing for other airlines have contributed to the positive outcome. “(ENA) made a profit of around +€200,000/+$225,000 in both June and July.

“We will continue to develop our business and we realize that in order to keep sustainable profit and serving direct flights from Tallinn, we need to find service opportunities from Scandinavia and Europe as well,” Randveer said.

The opportunities included “operating (SAS) and Austrian Airlines (AUL) flights as [a] capacity provider and serving Swedish domestic flights starting from October, where our business risks are hedged.

“Approaching autumn and winter time will bring a low flight season, and we are planning to have losses in 2015. Nevertheless, our results so far have been better than budgeted, and next year we are aiming to reach break-even.”

Estonian Air ((ENA) carried 62,559 passengers in June, an increase of +14% over 2014 and 65,643 in July, up +18%.

In the first seven months of 2015 (ENA) carried 341,591 passengers, 8.5% up compared to the same period last year.

(ENA) operates from Tallinn to Stockholm (Arlanda and Bromma), Copenhagen, Amsterdam, Brussels, Oslo, Moscow, St Petersburg, Kiev, Vilnius, and Trondheim. It also operates a series of seasonal summer services to several major western European cities. Estonian Air (ENA) is to commence Swedish domestic operations this winter.

September 2015: "Reports: Estonia May Launch New Carrier if (EU) Rules Aid Was Illegal" by (ATW) Kurt Hofmann, September 18, 2015.

Estonia is ready to create a new airline should the European Union (EU) rule its existing flag carrier, (ENA), illegally received €40.7 million/$46 million of state aid in 2013.

The European Commission (EC) is expected to release its report soon. If the (EC) determines the funding was illegal under (EU) rules, (ENA) may have to repay the monies it received, which could put it out of business, according to several media reports. (ENA) is almost wholly state-owned.

In February 2014, the (EC) opened in-depth investigations into (ENA)’s financial rescue deals to confirm if the cash infusions breached (EU) state-aid rules.

In August, (ENA) reported it believed it would break even in 2016 after its first profitable early summer months since 2010.

(ENA) has a fleet of three Embraer EMB-170s and three Bombardier CRJ900s, with two CRJ700s due to join the fleet in September. It has struggled financially in recent years.

According to the latest media reports, (ENA) plans to phase out its Embraer EMB-170 fleet.

October 2015: Skyworld Aviation delivered two Bombardier (BMB) CRJ700s to Estonian Air (ENA). Both aircraft are already in service. The aircraft are owned by USA-based Regional One and have been placed on long-term lease with Estonian Air (ENA) direct from the previous lessee, Lufthansa (DLH) CityLine.

November 2015: "Estonian Air (ENA) Ceases Operations Following (EU) Subsidies Ruling" by Liis Kängsepp, Juris Kaža, "The Wall Street Journal" November 07, 2015.

State-run Estonian Air (ENA) ceased all operations November 7, hours after the European Union (EU) ruled (ENA) repeatedly benefited from illegal government subsidies, and as authorities of the small Baltic nation rushed to create a new flag carrier.

The government of Estonia acknowledged it received a notification from the European Commission (EC), the (EU)'s top antitrust regulator, ordering it to recover EUR85 million/US$91.3 million it pumped into the airline over the past five years.

Earlier, the (EC) said Estonia's "repeated public support" for its national carrier didn't enable it to become viable again and didn't limit distortions to competition.

In response, the government said that since Estonian Air (ENA) didn't have EUR85 million to pay back the state, it saw no alternative but to close the airline.

"In this situation it is pretty obvious and clear that Estonian Air (NA) is terminating its operations," Estonia's Transport Minister, Kristen Michal told reporters.

Mr Michal said the government and Estonian travel agencies would assist passengers in reaching their destinations on other airlines over the weekend. He said the government was also launching a new state-owned company, Nordic Aviation Group, which will begin offering flights through other carriers as early as Sunday.

Estonia, like its Baltic neighbors Latvia and Lithuania, has strained to keep a national airline in business. But the country says that while its relatively small population and geographic position on the outskirts of Europe make it difficult to operate profitable routes, a network of airline connections is necessary to keep Estonia on the map.

"We need an airline that is based in Tallinn," Estonia's Prime Minister, Taavi Roivas said recently.

At (ENA), (CEO), Jan Palmer said he regretted the airline wasn't given more time. "We could have been sustainable in the future," he said. "The company should have been allowed to be able to continue."

But analysts said the Baltic region was too small to accommodate three competing national airlines.

"One airline is enough for the Baltic countries," aviation-industry analyst, Talis Linkaits said. "Efforts to replace Estonian Air (ENA) are likely to meet with the same fate."

Shortly after Estonia announced it was closing Estonian Air (ENA) , Latvia's state-controlled A/S Air Baltic Corporation issued a statement pledging to open more routes from Tallinn under "open-skies" rules.

January 2015: "Estonian Air Declared Bankrupt" by (ATW) Alan Dron, January 8, 2016.

Estonian Air (ENA)has been formally declared bankrupt, following a European Commission (EC) decision that it received illegal government aid.

The national carrier of Estonia closed its doors on November 8, following the (EC) decision the previous day. This made it liable to repay €85 million/$92 million it had received in state aid. The state-owned airline had a small fleet of three Bombardier CRJ900s, two CRJ700s and a single Embraer Emb-170, which had been due to leave the fleet in December.

The ruling to declare the airline bankrupt was made in Estonia’s Harju County Court; the only staff still working for the airline are a few personnel assisting the bankruptcy registrar to close down the company, spokesman, Rasmus Ruuda of the Ministry of Economic Affairs & Communications said.

In the wake of Estonian Air (ENA)’s demise, the Estonian government has established a new company, the Nordic Aviation Group. This does not have its own aircraft or crews, but is operating on the air operator’s certificate (AOC) of Adria Airways (ADR) of Slovenia and using the latter company’s commercial platform and ticketing system.

Capacity is being brought in from several European regional carriers, including bmi of the UK, Next Jet (Sweden) and Carpatair (Romania), which are operating to eight destinations in Scandinavia and Western Europe. However, in time, the Nordic Air Group hopes to establish its own air services.

Fleet:
(definitions)

Click below for photos:
ENA-737-300
ENA-737-300 CONFIG - 2011-12
ENA-737-33R-2011-01-TALLINN
ENA-737-500 - 2013-03
ENA-737-500 CONFIG - 2011-12
ENA-CRJ900 - 2014-08
ENA-EMB-170-2014-05
ENA-EMB-190 - 2012-02
ENA-F-50
ENA-SAAB 340A CONFIG - 2011-12

January 2016:

0 737-33R (CFM56-3C1) (2975-28873, /97 ES-ABJ "TALLINN"), EX-(ANZ), (GEF) LSD 2006-03. RTND & LST (ONX) 2012-05. 142Y.

1 737-36N (CFM56-3B2) (3031-28572, /98 ES-ABK "KALEV"), EX-ASTRAEUS (AUA), (GEF) LSD 2007-01. 142Y.

0 737-5L9 (CFM56-3B1) (2784-28083), RTND (MRS) 2000-04, LST (TRM). 30C, 77Y.

0 737-5L9 (CFM56-3B1) (1816-24778, /90 ES-ABF), (MRS) WET-LSD 2002-10. RTND 2004-03. 113Y.

0 737-5L9 (CFM56-3C1) (3008-28997, /98 ES-ABL "LINDA"), SUMISHO ACFT ASSET MGMNT LSD 2007-04. RETIRED AT END OF 2012-10. 120Y.

0 737-5L9 (CFM56-3B1) (3068-20324, ES-ABI), (MRS) LSD 2004-05. RTND. 113Y.

0 737-5Q8 (CFM56-3C1) (2735-26324, /95 ES-ABC "KOIT;" 2770-26323, /96 ES-ABD "HAMARICK"), (ILF) 5 YR LSD, BOTH RTND & LST (UKA) 2009-09. 113Y.

1 737-505 (CFM56-3C1) (2138-24646, /91 ES-ABQ "TALINN"), (GCP) LSD 2010-03, EX-(YL-BBA). 120Y.

0 737-505 (CFM56-3C1) (2245-25790, /92 ES-ABG "VIRMALINE"), EX-(NWG), (ILF) LSD 2003-06. RTND. 30C, 77Y.

1 737-528 (CFM56-3C1) (2730-27425, /95 ES-ABP), CASTLE LSD 2010-04, EX-(G-GFFI). 120Y.

0 737-53S (CFM56-3C1) (3086-29074, /98 ES-ABH), EX-(AFA), (PEB) 3 YR LSD 2004-02. RTND. 113Y.

2 BOMBARDIER CRJ700, SKYWORLD AVIATION LSD 2015-10.

3 +10/17 ORDERS CANADAIR CRJ-900 (CL-600-2D24) (CF34-8C5), FOR (SAS) & (ENA) OPS. 90Y:

3 +2 OPTIONS CANADAIR CRJ-900 NEXTGEN (CL-600-2D24) (CF34-8C5) (15261, /11 ES-ACB; 15262, /11 ACC; 2011-12), EX-(C-GIBH). PLANS TO RETIRE 3 AIRPLANES BY END OF WINTER 2013. 88Y.

4 EMBRAER EMB-170, (FIN) LSD 2012-02, 76Y.

3 ORDERS (2014-06) EMBRAER EMB-175, 88Y.

2 +3 ORDERS (2014-06) EMBRAER EMB 190, 112Y.

0 F 50 (PW125B) (20126 (MRS) 3 YR WET-LSD), 20127 RTND (MRS) 2000-01; (20153, /89 ES-AFM), WET-LSD 2000-03; (20154, ES-AFN), WET-LSD 2000-09; 20126 RTND (MRS) 2000-07; 20154 RTND 2002-11. 20153 RTND (MRS) 2003-10. 48Y.

2 SAAB 340A (CT7-5A2) (132, /88 ES-ASM; 151, /89 ES-ASN), SWEDISH AIRCRAFT HOLDINGS LSD. FOR ESTONIAN AIR (ENA) REGIONAL OPS. 33Y.

8 AN-2.

1 LET 410UVP (STATE GOVT).

0 TU-134A, 3 SOLD, 72Y.

0 YAK-40, 23 PAX, 4 GROUNDED.

Management:
(definitions)

JAN PALMER, CHAIRMAN & CHIEF EXECUTIVE OFFICER (CEO), EX-(STR) (2012-11).

WADE STOKES, CHIEF FINANCIAL OFFICER (CFO) (2011-09).
Wade joined the company as from 19 September 2011, as the Chief Financial Officer. He has long financial management experience from the telecommunications and banking sectors in the USA, Russia and Scandinavia. Wade joined Estonian Air (ENA) from the Swedbank Group.

INDREK RANDVEER, CHIEF COMMERCIAL OFFICER (CCO) (2014-05).

JYRI KETOLA, CHIEF OPERATING OFFICER (COO), EX-(FIN)/(SAS)/(BLF) (2011-09).
Jyri took the position of Estonian Air (ENA)’s Chief Operating Officer (COO) from September 15th 2011. He has 25 years of leadership experience in airport and aviation services in Finland, Sweden and the USA. He has held various positions in the area of Operations and Security at companies such as Finnair (FIN) and BLUE1 (BLF)/(SAS) Group.

MICHAEL OLSEN, SENIOR VP FINANCE & INFORMATION TECHNOLOGY (IT).

SIGNE VAKS-SAAREOJA, CHIEF PEOPLE OFFICER (2009-02).
Signe joined Estonian Air (ENA) as Human Recources (HR) Manager in 2009. Signe, currently Chief People Officer, has professional experience from the banking sector, where she worked as the Head of Recruitment Center & Training Center, and Development area of the Swedbank.

MART REIVE, VP COMMERCIAL.

ANATOLI ROOST, DIRECTOR FLIGHT OPERATIONS.

ERKI TERAS, DIRECTOR GROUND HANDLING.

TOOMAS SOSNITSKI, DIRECTOR HUMAN RESOURCES (HR).

PRIIT VEIERMANN, DIRECTOR INTERNATIONAL RELATIONS.

MADS MICHAEL HASTRUP NILSSON, DIRECTOR FINANCE.

RAIT KALDA, DIRECTOR MAINTENANCE (1998-05).

ANDREI PAVLOV, TECHNICAL DIRECTOR.

RANI KRUSE, DIRECTOR QUALITY (1999-09).

ILONA ESKELINEN, PUBLIC RELATIONS (PR) DIRECTOR (pr@estonian-air.ee)

PJOTR PODDUBSKI, MANAGER MAINTENANCE. (BFSSTO1), STOCKHOLM (1999-09).

EPP ALATALU, PUBLIC AFFAIRS MANAGER.

 
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