newstodate.aero
Jan 26, 2010 (newstodate): The SAS Group has sold Air Maintenance Estonia to a Baltic investment group, BaltCap.
Originally the aircraft maintenance arm of Estonian Air since 1995, the company was taken over in April 2002 by Denmark's Maersk Air under the name Maersk Air Maintenance Estonia, and re-named AME in October 2003 when SAS acquired Maersk Air's stake.
AME, with Lars-Olof Bolinder as managing director, has long nourished plans for building a new aircraft maintenance hangar at Tallinn Airport and has been in the market to find investors willing to be involved in the project that may now move closer to realization.
Among the customers at AME's facilities are Cimber Sterling, Estonian Air and Star1.
Originally the aircraft maintenance arm of Estonian Air since 1995, the company was taken over in April 2002 by Denmark's Maersk Air under the name Maersk Air Maintenance Estonia, and re-named AME in October 2003 when SAS acquired Maersk Air's stake.
AME, with Lars-Olof Bolinder as managing director, has long nourished plans for building a new aircraft maintenance hangar at Tallinn Airport and has been in the market to find investors willing to be involved in the project that may now move closer to realization.
Among the customers at AME's facilities are Cimber Sterling, Estonian Air and Star1.