Estonian Air reports passenger traffic for first ten months

In October Estonian Air carried 69,215 passengers, out of which 63,281 on regular flights. The number of passengers on regular flights increased 2.3% y-o-y while Tallinn Airport passenger number on regular flights decreased by 2.3%. The total number of passengers on Estonian Air flights decreased 8.7% y-o-y, due to a drop in charter market.
 
In the first ten months of the year the market share of Estonian Air in the regular flights segment at Tallinn Airport was 46%, which is 2 percentage points higher y-o-y. The total market share (regular and charter flights) was 42%, which is 2 percentage points lower y-o-y.

In October the market share of Estonian Air in the regular flights segment at Tallinn Airport was 47.9% and the total market share was 42.3%.
 
Andrus Aljas, Estonian Air President and CEO said, “Estonian Air plans its activities very long time ahead, based on thorough economic analyses. In order to strengthen the competitiveness of the company today and in the future, we need to take radical and decisive steps. Estonian Air is adjusting its business in accordance with the situation in the market. One of the key issues is to introduce advanced aircraft with lower cost base that suit the market conditions. We are doing everything in our power to increase the company's flexibility and competitive edge, and to widen our customers' perspectives to travel.”
 
Estonian Air operated 10,601 flights in the first ten months of the year, which is 27.6% more flights y-o-y. In October 1,174 flights were operated, which is 3.9% less flights y-o-y.

(c) Centre for Asia Pacific Aviation. Date posted: 20-Nov-08