Estonia’s Ministry of Climate, which oversees the operations of Nordica (ND, Tallinn Lennart Meri), is in contact with seven potential suitors, all of which are European companies, over the full or partial sale of the loss-making state-owned flag carrier and aims to reach a preliminary agreement with at least one of them this month, the Estonian public broadcaster ERR reported.

The lessor Transpordi Varahaldus, also a subsidiary of Nordic Aviation Group, is not currently part of the agreement and will be sold…

Source: ch aviation
Read more: Tallinn in talks with seven suitors for Nordica sale