newstodate.aero
July 06, 2010 (newstodate): The schedule for delivery to Estonian Air of three CRJ900 aircraft ordered in August 2008 remains unsettled.
The issue should have been on the agenda of the annual shareholders' meeting in June - but the meeting was postponed and no date for its convocation has yet been announced.
With the recent acquisition by the Estonian state of most of the SAS Group's stake in the carrier, the ownership issue has been cleared up, but it understood that talks between the SAS group that originally ordered the aircraft as part of its settlement with Bombardier after the Q400 incidents, the aircraft manufacturer and the Estonian state are still going on.
The problem may be lack of the final solution to the re-financing of the SAS Group aircraft order as ownership of the contract and the aircraft is passed on to Estonian Air that is not exactly in fine shape as witnessed by the latest annual result.
According to the original plan, Estonian Air was to take delivery of its new aircraft one by one in rotation: the first one by the end of May 2009, the second by the middle and third one by the end of June, 2009, but the delivery scheme has been revised repeatedly.
In its latest statement, Estonian Air hopes to see its first new CRJ-900 aircraft in the fleet by October this year.
The issue should have been on the agenda of the annual shareholders' meeting in June - but the meeting was postponed and no date for its convocation has yet been announced.
With the recent acquisition by the Estonian state of most of the SAS Group's stake in the carrier, the ownership issue has been cleared up, but it understood that talks between the SAS group that originally ordered the aircraft as part of its settlement with Bombardier after the Q400 incidents, the aircraft manufacturer and the Estonian state are still going on.
The problem may be lack of the final solution to the re-financing of the SAS Group aircraft order as ownership of the contract and the aircraft is passed on to Estonian Air that is not exactly in fine shape as witnessed by the latest annual result.
According to the original plan, Estonian Air was to take delivery of its new aircraft one by one in rotation: the first one by the end of May 2009, the second by the middle and third one by the end of June, 2009, but the delivery scheme has been revised repeatedly.
In its latest statement, Estonian Air hopes to see its first new CRJ-900 aircraft in the fleet by October this year.