Estonian Air Passenger Numbers Drop 5.8% in 6 Months
Nearly 260,000 passengers flew with Estonian air in the first six months of 2014, representing a 5.8 percent drop.
The number of flights decreased by 6.5 percent to 5,261.
“However, we can see an improvement in passenger numbers in June. Passenger figures were better than expected in June on the Stockholm, Moscow, Berlin and Trondheim lines,” Estonian Air board member Indrek Randveer said, adding that there are fewer people flying to Kyiv than expected.
The number of people opting for Estonian Air was 1.1 percent higher in June compared to the same month a year ago.
The good news
Bombardier, the Canadian aircraft manufacturer, dropped an 18 million euro lawsuit against Estonian Air at the beginning of the month. The company had claimed the Estonian government influenced a decision by Estonian Air to break off jet purchasing negotiations in favor another manufacturer.
Baltic Air was ruled by the European Commission last week not to have received illegal state aid in its restructuring efforts, giving hope that Estonian Air, under a similar investigation, might also be cleared and not be forced to pay the state back 40 million euros immediately.