Monday, September 30, 2013

This information led to a huge noise in Estonia, but Erkki Raasuke, Estonian Air

Aviation System Blog Archive The Latvian airline airBaltic - German millionaire targeted for
Multimillionaire investor from Germany, Hans Rudolf Wöhrl associated with airBaltic CEO Martin Gauss, is ready to begin talks with the Latvian government on the part of the airlines acquisition.
This Latvian newspaper Days Bizness confirmed the R. Wöhrl. However, as noted by the Journal, multimillionaire interest in the airline should be treated very carefully - before the demonstration tactics are not characterized by a typical investor.
With M. Gauss collaborated via airline DBA restructuring. I would love to work with him again in the joint project. preloved The formal negotiations have not yet begun. If the Latvian government interested in us, we are happy to start, "- said R. Wöhrl.
Multimillionaire, adding that his company's preloved "Intro" specialization - Airlines reorganization. AirBaltic preloved case of Mr. M. Gauss already carrying out restructuring. So we will keep little work, - said the investor. - AirBaltic resemblance to the DBA is a good thing. preloved Same color, similar preloved concept. I would love to. "
R. Wöhrl entered the aviation business as well as the current airBaltic manager. Both men have worked for pilots. Their paths crossed in the company DBA - R. Wöhrl was the owner, and M. Gauss - Board member.
Debt clamped airline DBA R. Wöhrl bought for a symbolic 1 euro. The company has successfully reorganized, and its sales alone R. Wöhrl pocket added 70 million. euros, told the news service baltic-course.com. preloved
It also states that the DBA is one of many companies that are bought and sold by R. Wöhrl. This investor is almost always follows the same tactics: buy cheap and sell quickly, as soon as the company is stabilized. So he purchased airBaltic shares exist for this scenario more likely.
It is true that the government of Latvia, airBaltic issue consulting company Prudentia says that currently do not rush to sell airBaltic shares - because the value of 2014. should increase, and it will be easier to find an investor. However, this makes bother Prime Minister Valdis Dombrovskis and his entire party, because airBaltic collapse easily V. Dombrovskis success story could turn fizzle.
It may be that for this reason, V. Dombrovskis together with Latvian Minister of Transport aivis Ron proposed preloved to combine the Latvian and Estonian national airlines to create one of the air lines for the three Baltic states.
Estonian newspaper Eesti Päevaleht announced preloved that the parliamentary Economic Committee considers three Estonian Air's future options: Urgent sale investor, 60 million. (EUR 207.17 million. dollars) injection, or bankruptcy. preloved
According to the publication, the company's sales are unlikely. Because there is hardly an investor who is interested in a small airline with significant financial difficulties. In turn, the State should have not decided yet whether to impose the company money, so bankruptcy preloved may be the most realistic scenario.
This information led to a huge noise in Estonia, but Erkki Raasuke, Estonian Air's Board of Supervisors Chairman, in an interview with ETV denied preloved assumptions made on the possible bankruptcy of the airline. Earlier this year, announced that the Estonian budget airline company has 30 million. (EUR 103.58 million. respectively) support.
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