newstodate.aero
Mar 20, 2015 (newstodate): Estonian Air is seeking new ways to generate more traffic and utilization of its aircraft fleet.
The company is to set up a fully-owned subsidiary, Nordic Flyways to provide flight capacity to other airlines.
The business idea of Nordic Flyways it to respond to a trend in global aviation seeing larger airlines' long-haul flights being fed by regional carrier with smaller aircraft.
-This kind of business model is widely used in the United States, but also in Central European and Nordic markets. 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, says Jan Palmer, Estonian Air CEO.
Estonian Air is now in the process of obtaining the necessary licenses and expects to get Nordic Air flying after some months.
Estonia Air operates a fleet consisting of three Bombardier CRJ900 and four Embraer 170 aircraft.
The company is to set up a fully-owned subsidiary, Nordic Flyways to provide flight capacity to other airlines.
The business idea of Nordic Flyways it to respond to a trend in global aviation seeing larger airlines' long-haul flights being fed by regional carrier with smaller aircraft.
-This kind of business model is widely used in the United States, but also in Central European and Nordic markets. 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, says Jan Palmer, Estonian Air CEO.
Estonian Air is now in the process of obtaining the necessary licenses and expects to get Nordic Air flying after some months.
Estonia Air operates a fleet consisting of three Bombardier CRJ900 and four Embraer 170 aircraft.