TRINITI advised the Estonian government in the acquisition of 90% of the shares in the national air carrier – AS Estonian Air from the Scandinavian Airline Systems (SAS). The Estonian Republic and SAS recapitalized the company with ~20 M EUR. Our lawyers carried out the legal due diligence review of the airline, assisted in the share capital increase and advised in the negotiations of the new shareholders’ agreement.
Experience
Estonia
Aviation & Shipping
Acquisition of a national air carrier





