China has expressed interest to buy Estonian Air

The article titled “Looking eastwards, even further” published in economist.com today claims that the Chinese state is interested in buying Estonia Air. The article says, among others: “China has plenty of reasons to develop a presence in eastern Europe, ranging from trade to geopolitics. It has expressed interest in buying Estonian Air (currently up for [...]

Port of Tallinn’s Jan-Sept net profit up 15 pct

The consolidated net profit of Estonia’s state-owned port company Tallinna Sadam in the first nine months of this year was 406 million kroons (EUR 25.94 mln), an increase of 15% compared to the same period last year.
According to unaudited figures, consolidated revenues during the same period totalled 973 million kroons, which is 6% more than [...]

Avies to fly Tallinn-Helsinki route three times a day

Estonian private airline company Avies said it will make three flights on Tallinn-Helsinki line today and, if necessary, in the future.
Acting in response to the cancellation of the Tallinn-Helsinki route by Finnair because of pilots’ strike, Avies said its departures from Tallinn will be 10.40, 15.55 and 19.40.
The company charges 1,700 kroons for a one-way [...]

Airbaltic to launch Tallinn – Turku route

The Latvian airline Airbaltic said on Wednesday it will open an air route between the Estonian capital Tallinn and the Western Finnish city of Turku on 1 October.
Flights will take place daily and the fare, inclusive of all taxes, will be 591 kroons (EUR 38), the company said.
The route will be the first air connection [...]

Tallink’s July passenger numbers reach over 1 million

Tallink Group carried 1 054 087 passengers in July, which is the first time ever that the monthly passenger number of the listed Estonian shipper passes the one million mark.
The figure represents an improvement of 16.3% on July 2008, Tallink said.
The number of passengers travelling between Finland and Estonia shot up 23.3% year on year [...]

Results of Port of Tallinn improve in H1

Financial results of Estonia’s state-owned Tallinna Sadam (Port of Tallinn) improved in the first half of 2009 compared to the same period a year ago.
The company’s consolidated net profit according to preliminary figures was 276 million kroons (EUR 17.64 mln), which marks an improvement of 9% against the first half of 2008, Tallinna Sadam said.
Consolidated [...]

Airbaltic to launch flights between Tartu and Riga

The Latvian carrier Airbaltic will on 3 July launch direct flights between Riga and Estonia’s second-largest city of Tartu.
Airbaltic will be making four weekly flights on the route on Mondays, Wednesdays, Fridays and Sundays, the company said today.
The flights will be served by a Fokker 50 aircraft. A one-way trip lasts 50 minutes.
The cost of [...]

Hotel prices same as 2003

According to Statistics Estonia, in May 189,000 tourists stayed in accommodation establishments of Estonia, which was 16% less than in the same month of previous year. The average cost of a guest night has fallen down to the level of 2003, Statistics Estonia reports.

In recent years, the number of domestic tourists grew rapidly in May, [...]

Estonian Air to open Tallinn – St Petersburg route

Starting from 27 July 2009, Estonian Air will operate between Tallinn and St Petersburg with four weekly flights on Mondays, Wednesdays, Fridays and Sundays.
 
“St Petersburg is the largest city in our region. It has many business and cultural connections with Estonia. By opening the Tallinn-St Petersburg route we would like to contribute to the [...]

Tallink carries over half of Port of Tallinn passengers

The number of passengers passing through Estonia’s Port of Tallinn totalled 664 789 in May, and 384 654 or 58% of them travelled on board Tallink ships.
Viking Line and Eckerö Line served respectively 139 938 and 85 491 of the passengers passing through the port, it appears from Port of Tallinn Statistics. The market share [...]