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

Palo costs Estonian Air 65,000 euros

Mar 24, 2014

Urve Palo statements describing the likelihood of bankruptcy of the national carrier Estonian Air cost the carrier around 65,000 euros, reports Eesti Päevaleht.

The company sold around 500 tickets less than planned after Palo's words. If earlier data on ticket fees is taken into consideration, that Estonian Air earns an average of 130 euros per one passenger, it can been estimated that one sentence of Palo cost several dozens of thousands of euros.

Social Democratic MP Urve Palo said on Thursday that during the seven-year term of office of outgoing economy and communications minister Juhan Parts, Estonian Air has in essence been led to the verge of bankruptcy and there is high likelihood that the European Commission won't allow granting state aid to the company either. "Thus we can assume that it will go bankrupt. I don't want to cause panic but as a minister I have to be ready that the state aid permit won't arrive from the European Commission," Palo told Delfi Ärileht.

After that, confused clients of the carrier jammed up the phone lines of the company, demanded money back for tickets they already bought and cancelled bookings, reports LETA.

Urve Palo apologized on Friday that her words about the likelihood of bankruptcy of Estonian Air made clients concerned and assured that when she starts working as the minister, she supports preserving the aviation company.
 

 MORE NEWS
  • Latvia to invest 158 million e...
    Latvia today approved 158 million euros into boosting its air surveillance and ant...
  • Man gets 11 years prison after...
    A man found to be in possession of 100 kilograms of hashish last year in an Estoni...
  • State of emergency zone increa...
    The Latvian government today declared a state of emergency in all border areas wit...
  • Air Baltic becomes first airli...
    Latvian national airline AirBaltic has become the world’s first airline t...
  • Russia summons Latvian ambassa...
    Russia has summoned Latvian ambassador to Moscow Astra Kurme  af...
  • Baltic leaders call for arms e...
    Baltic leaders have called for an arms embargo against Russia amid the crisis i...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.