Finnair receives permission to transfer its 60% share of Nordic Regional Airlines

Finnair logo

Finnair (Helsinki) has announced its has received permission to transfer its 60 percent stock ownership in Nordic Regional Airlines to StaffPoint Holding Oy and Kilco Oy. Finnair wiill retain a 40 percent interest in the regional feeder airline. Here is the official statement:

Nordic Regional-Norra logo (blue)(LRW)

The Finnish Competition and Consumer Authority has approved the transaction in which Finnair transfers 60% of the shares in Nordic Regional Airlines AB to StaffPoint Holding Oy and Kilco Oy. Upon completion of the sale, StaffPoint’s ownership in the joint venture will be 45%, Kilco’s 15% and Finnair’s 40%. The transaction is expected to close in November 2015.

Finnair-Nordic Regional aircraft slide show: AG Airline Slide Show

Copyright Photo Below: Rolf Wallner/AirlinersGallery.com. Nordic Regional operates ATR 72s and Embraer regional jets for Finnair in Finnair colors. Embraer ERJ 190-100LR OH-LKL (msn 19000153) taxies at Zurich.

Finnair (Nordic Regional Airlines-Norra) Embraer ERJ 190-100LR OH-LKL (msn 19000153) ZRH (Rolf Wallner). Image: 929151.

 

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