According to the EC decision, the airline Estonian Air have to return previously received funds in the amount of around 85 million euros and has rights to obtain the requested additional restructuring 40 million.
TALLINN, 6 Nov. Nikolai Adashkevich. The Estonian government at an emergency meeting on Saturday decided to allocate from the reserve of 6.2 million Euro to cover the cost of tickets of the airline Estonian Air, which ceased operations by the decision of the European Commission, reported the press service of the Cabinet of Ministers.
The European Commission Thursday demanded repayment of the financial assistance of the government of the Estonian airline Estonian Air, according to a press release from the European Commission. According to the EC decision, the company shall return the previously received funds in the amount of around 85 million euros and has rights to obtain the requested additional restructuring 40 million. The reason for this decision was the conclusion by the EC that the company has obtained an unfair advantage over competitors.
As Estonian Air is unable to repay the government subsidies in the amount of € 85 million plus interest, the EC took the decision to stop the activity of the air carrier.
According to the Prime Minister of Estonia Taavi Rõivas, now the most important thing is to give passengers the confidence and provide timely information to avoid inconveniences during the trip home or to your selected destination.
“The government has instructed the Ministry of economy in case of negative decision of the European Commission to deliver the people home and compensation for previously purchased tickets. Hope high professionalism of the Ministry, Estonian Air, travel agencies and other partners, so that each passenger was offered the best solution,” said Rõivas.
On Saturday it was announced that the new Estonian airline Aviation Nordic, founded by the decree of the government of the country and wholly owned by the state, in cooperation with five European airlines with the resurrection begins passenger service to eight destinations — Amsterdam, Brussels, Copenhagen, Stockholm, Oslo, Kiev, Vilnius and Trondheim, is stopped flights airline Estonian Air.
At the moment Nordic Aviation is the only flight by the customer, because the company don’t have their own planes and flight teams. The flights are operated in cooperation with providing aircraft and flight crews BMI airlines, Trade Air, Carpatair and NextJet, as well as providing flight certificate, commercial platform and ticketing company Adria Airways. Therefore, at the initial stage of the Nordic Aviation flights will be subject to the rules of the airline Adria Airways.