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Flybe and Finnair acquire Finnish Commuter Airlines

Flybe has taken its first steps into the Scandinavian market by teaming up with Finnair to complete the acquisition of Finnish Commuter Airlines for €25 million. Flybe owns 60% of the newly created Flybe Nordic and Finnair 40%, and Flybe will be in charge of the operative management of the new company.

The joint vision of Flybe and Finnair is to build Flybe Nordic into the leading regional airline of the Nordic countries and the Baltic area. In addition to operating in Finland, the intention is to extend the new airline’s network into Sweden, Denmark, Estonia and Latvia.