Type
Merger/Acquisition
Country
European Union
Region
Location of affected unit(s)
Estonia (Tallinn) and Finland
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

100 jobs
Number of planned job creations
Job creation
Announcement Date
25 August 2011
Employment effect (start)
25 August 2011
Foreseen end date

Description

The low-cost airline Flybe creates 100 jobs. The job creation is equally divided between Estonian and Finnish airports. The job creations are due to an expansion of Flybe's route network between Finland, Sweden and Estonia. 

The expansion is part of the acquisition by Flybe and Finnair of the airline Finncomm.


Sources

  • 24 August 2011: Flybe
  • 25 August 2011: Aripaev

Citation

Eurofound (2011), Flybe, Merger/Acquisition in European Union, factsheet number 72727, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72727.