Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Estonian Air still elaborates on restructuring plan

Feb 21, 2013

TALLINN – Estonian national carrier Estonian Air's council chairman Erkki Raasuke told Postimees that compiling the restructuring plan of the company is in its final stretch but added that there can hardly be a final wholesome plan to place in an envelope and offer someone.

Raasuke said that such a plan isn’t possible since the company is in constant change. "A lot depends on the decision of the European Commission," said Raasuke, adding that it may take months to reach that.

Raasuke did not agree to reveal how long the troubled carrier would be able to survive if the possible granting of state aid was delayed.

The government should have today discussed the restructuring plan of Estonian Air that it could present to the European Commission but it was decided yesterday to postpone the discussion by a week again.

The European Commission announced on Wednesday that it has opened an in-depth investigation into a number of public support measures granted by Estonia in favour of its flag carrier airline Estonian Air.

 MORE NEWS
  • Poroshenko recalls Ukrainian a...
    Ukrainian President Petro Poroshenko has recalled the country's ambassadors to...
  • Estonia to Poland in four hour...
    Transport Ministers in the Baltics have signed a major agreement over the future o...
  • VIDEO: Stunning Estonia as see...
    A new video captures the beauty of Estonia as seen from the sky. The video sho...
  • NATO jets intercept Russian pl...
    NATO jets have intercepted a group of Russian fighter planes flying over the ne...
  • Estonia in mourning after pupi...
    Tributes have been paid to a school teacher shot and killed by a pupil during c...
  • Russia ramping up ’provocative...
    Russia is stepping up its 'provocative' military actions around the Bal...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.