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Order HereEstonian Air is setting up a new subsidiary, called Nordic Flyways, which will undertake “white label” services for other carriers. The new operation will provide flight capacity to other airlines from later this year.
“Global aviation is following a trend where long-haul flights of larger airlines are fed by regional airlines operating smaller-size aircraft,” Estonian Air CEO, Jan Palmér said. “Estonian Air is looking for business possibilities in this area, and … Nordic Flyways was established for that purpose.”
Palmér added that Estonian had been cooperating with several other European airlines over the past two years to offer capacity.
“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.”
Estonian now has to apply for the necessary licenses and permissions to get the subsidiary off the ground. “This process might take several months,” Palmér said.
Estonian’s fleet consists of three 88-seat Bombardier CRJ900s and four 76-seat Embraer E-170s. A spokeswoman told ATW this was two aircraft more than required for Estonian’s own services.
Leases on the four E-170s are due to expire in fall 2015, she added, which provides an opportunity for adjustments in the fleet. Replacements are likely to be either more E-170s or CRJ-700s or -900s.
“When we get a contract to operate for some other airline, we will also start the process to add aircraft and crews to match the demand of the customer,” he said. “Estonian Air needs to grow, but with low risk, so the only way to do that is to create a focused capacity provider airline, Nordic Flyways, to be able to negotiate long-term contracts.”
With a limited market in Estonia, it was unlikely that more routes could be created from Tallinn. “There is an opportunity to become a very cost-effective subcontractor to major airlines in Europe for regional jet operations.”
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Order HereEstonian Air is setting up a new subsidiary, called Nordic Flyways, which will undertake “white label” services for other carriers. The new operation will provide flight capacity to other airlines from later this year.
“Global aviation is following a trend where long-haul flights of larger airlines are fed by regional airlines operating smaller-size aircraft,” Estonian Air CEO, Jan Palmér said. “Estonian Air is looking for business possibilities in this area, and … Nordic Flyways was established for that purpose.”
Palmér added that Estonian had been cooperating with several other European airlines over the past two years to offer capacity.
“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.”
Estonian now has to apply for the necessary licenses and permissions to get the subsidiary off the ground. “This process might take several months,” Palmér said.
Estonian’s fleet consists of three 88-seat Bombardier CRJ900s and four 76-seat Embraer E-170s. A spokeswoman told ATW this was two aircraft more than required for Estonian’s own services.
Leases on the four E-170s are due to expire in fall 2015, she added, which provides an opportunity for adjustments in the fleet. Replacements are likely to be either more E-170s or CRJ-700s or -900s.
“When we get a contract to operate for some other airline, we will also start the process to add aircraft and crews to match the demand of the customer,” he said. “Estonian Air needs to grow, but with low risk, so the only way to do that is to create a focused capacity provider airline, Nordic Flyways, to be able to negotiate long-term contracts.”
With a limited market in Estonia, it was unlikely that more routes could be created from Tallinn. “There is an opportunity to become a very cost-effective subcontractor to major airlines in Europe for regional jet operations.”
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereEstonian Air is setting up a new subsidiary, called Nordic Flyways, which will undertake “white label” services for other carriers. The new operation will provide flight capacity to other airlines from later this year.
“Global aviation is following a trend where long-haul flights of larger airlines are fed by regional airlines operating smaller-size aircraft,” Estonian Air CEO, Jan Palmér said. “Estonian Air is looking for business possibilities in this area, and … Nordic Flyways was established for that purpose.”
Palmér added that Estonian had been cooperating with several other European airlines over the past two years to offer capacity.
“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.”
Estonian now has to apply for the necessary licenses and permissions to get the subsidiary off the ground. “This process might take several months,” Palmér said.
Estonian’s fleet consists of three 88-seat Bombardier CRJ900s and four 76-seat Embraer E-170s. A spokeswoman told ATW this was two aircraft more than required for Estonian’s own services.
Leases on the four E-170s are due to expire in fall 2015, she added, which provides an opportunity for adjustments in the fleet. Replacements are likely to be either more E-170s or CRJ-700s or -900s.
“When we get a contract to operate for some other airline, we will also start the process to add aircraft and crews to match the demand of the customer,” he said. “Estonian Air needs to grow, but with low risk, so the only way to do that is to create a focused capacity provider airline, Nordic Flyways, to be able to negotiate long-term contracts.”
With a limited market in Estonia, it was unlikely that more routes could be created from Tallinn. “There is an opportunity to become a very cost-effective subcontractor to major airlines in Europe for regional jet operations.”
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.