newstodate.aero
Jun 19, 2014 (newstodate): Normally, ministers will wisely refrain from making crucial predictions about the outcome from ongoing EU investigations from fear of stirring unrest and speculation.
In Estonia, the country's Economic Affairs Minister Urve Palo is one bold exception when it comes to the issue of the EU probe into earlier state financial support to the national carrier Estonian Air.
In a radio interview aired on June 18, the minister said that there may be two alternative courses of action if the verdict finds the state loans and grants illegal according to EU regulations - letting Estonian Air go bankrupt and start a new carrier, or cooperating with Latvia's airBaltic.
Granted the first alternative proves unrealistic, the minister is thus reviving the long-debated idea of a pan-Baltic carrier minus, probably, the inclusion of a Lithuanian partner provided Air Lituanica proves capable of surviving and developing.
In Estonia, the country's Economic Affairs Minister Urve Palo is one bold exception when it comes to the issue of the EU probe into earlier state financial support to the national carrier Estonian Air.
In a radio interview aired on June 18, the minister said that there may be two alternative courses of action if the verdict finds the state loans and grants illegal according to EU regulations - letting Estonian Air go bankrupt and start a new carrier, or cooperating with Latvia's airBaltic.
Granted the first alternative proves unrealistic, the minister is thus reviving the long-debated idea of a pan-Baltic carrier minus, probably, the inclusion of a Lithuanian partner provided Air Lituanica proves capable of surviving and developing.