Dec
3

Estonian government and SAS battle for national carrier

TALLINN - As the push to inject funds into floundering national carrier Estonian Air tightens, both the Estonian government and SAS have announced a desire to buy out the other"s stake and become the majority shareholder. On Thursday Nov.


27 Prime Minister Andrus Ansip announced that Scandinavian Airlines (SAS) had sent a letter to the Estonian government stating that, due to Estonian Air"s current liquidity crisis, a cash injection was needed imminently to ensure the airline"s survival. In t.


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Source http://baltictimes.com/news/articles/21884/


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