Estonian Air scores Ninety Percent and SAS scores Ten Percent

June 7, 2010
By Saleem - Baltic NEWS in UK

Estonian Air rising in score. The governments stake in Estonian Air is to rise to ninety percent leaving the organisation SAS ten percent. The feed of money into Estonia Air by the government would help the economy very much and start to push forward travel links around the region and Europe even further than they currently are.

Juhan Parts said “the new capital should suffice for the development of Estonian Air over the next three years. SAS has the option to sell its 10 percent holding after four years and Estonia will be obliged to acquire it.” Estonia’s Minister of Economy and Communications.

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