Nordica to add two Bombardier CRJ900s
Estonian national carrier Nordica is to add two Bombardier CRJ900 regional jets to its fleet. The Tallinn-based airline currently operates a fleet of six CRJ900s and two CRJ700s. The Baltic nation’s state-owned Transpordi Varahaldus transport sector investment and holding company will issue E25m worth of bonds with a maturity period of eight years to buy the aircraft and lease them to Nordica. The bonds will be bought equally by two Estonian entities, LHV pension funds and LHV Bank. “We are convinced that Nordica … is being reasonably built up,” said the head of LHV pension funds Andres Viisemann. “Any major steps are taken only if there is reasonable reassurance that it is economically beneficial and improves the position of Nordica and Estonian aviation alike. Nordica is expanding both its own operations and those in support of strategic partner LOT Polish Airlines.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-04-21/unaligned/nordica-to-add-two-bombardier-crj900s
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Nordica to add two Bombardier CRJ900s
Estonian national carrier Nordica is to add two Bombardier CRJ900 regional jets to its fleet. The Tallinn-based airline currently operates a fleet of six CRJ900s and two CRJ700s. The Baltic nation’s state-owned Transpordi Varahaldus transport sector investment and holding company will issue E25m worth of bonds with a maturity period of eight years to buy the aircraft and lease them to Nordica. The bonds will be bought equally by two Estonian entities, LHV pension funds and LHV Bank. “We are convinced that Nordica … is being reasonably built up,” said the head of LHV pension funds Andres Viisemann. “Any major steps are taken only if there is reasonable reassurance that it is economically beneficial and improves the position of Nordica and Estonian aviation alike. Nordica is expanding both its own operations and those in support of strategic partner LOT Polish Airlines.<br/>
