Transpordi Varahaldus (TVH), the Estonian government-owned aircraft lessor, has signed an agreement to sell seven Bombardier CRJ900NG aircraft to EIC Aircraft Leasing, a subsidiary of Regional One (US). The transaction, valued at US$37.5 million, represents a significant portfolio reshaping for the state-owned entity.
Estonia has reported delays in its efforts to sell several CRJ900 aircraft formerly operated by Nordica, the state-owned airline, and owned by Transpordi Varahaldus, a public asset management entity. The sale discussions, initially slated for earlier completion, are now expected to extend into June 2024.
The Estonian government has given preliminary approval to proceed with negotiations with aviation investor Lars Thuesen regarding the sale of Nordic Aviation Group and Transpordi Varahaldus, two significant players in Estonia’s aviation sector. This conditional approval allows for the continuation of talks, provided that the Nordic Aviation Group’s board meets specific business performance targets in…
