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:
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.
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.