The national flag carrier of Estonia and GE Capital Aviation Services (GECAS) have signed a contract for the lease of two new E190 aircraft, which will be delivered to Estonia during the first quarter of 2013.
Estonian Air has selected Embraer, the largest producer of regional aircraft, as a regional jet manufacturer. Estonian Air is estimating a requirement for up to 12 Embraer E-Jet aircraft that enable the company to increase flight frequencies, open new destinations and to operate at least double daily services to main destinations in Europe. The airline is committing to pragmatic and sustainable growth in the future.
The first four 76-seater Embraer 170 were delivered to Estonia in February 2012 under a lease agreement with Finnair. The company is currently negotiating with the manufacturer and lessors on the delivery schedules and conditions for up to six additional aircraft. These aircraft will be a mix of E-175 and E-190 models, which offer 88 and 112 seats respectively. The aircraft are scheduled to enter the fleet in the 2013-2015 time period.
According to Tero Taskila, the President of Estonian Air, Embraers are well suited for the company’s new strategy. The E-190 aircraft allows Estonian Air to improve the schedule into longer destinations, like Paris, Amsterdam, London, and to open new destinations.
About Estonian Air
AS Estonian Air, Estonia’s national carrier, is the biggest operator at Tallinn Airport.
Estonian Air focuses on improving the connection between Estonia and the rest of the world with the aim of increasing competitiveness as a network carrier hub.
Estonian Air flies to 24 destinations in CIS, Scandinavia and Europe. The airline has recently announced new destinations, such as Helsinki, Riga, Jyväskylä, Hannover, Vienna, Venice, Joensuu, Kajaani and Tbilisi.
The ticket prices start at 39.90 euros, if purchased from www.estonian-air.com, including all fees and taxes, baggage, snacks and soft drinks on longer flights and soft drinks on flights that last less than 1 hour.
About GE Capital Aviation Services (GECAS)
GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,725 owned and managed aircraft with over 235 airlines in over 75 countries. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 24 cities around the world.