Nordic Regional Airlines
|Founded||2011 (as Flybe Nordic)|
|Parent company||Finnair Oyj (40%)
StaffPoint Holding (45%)
G.W. Sohlberg (15%)
Nordic Regional Airlines Oy is a Finnish airline majority owned by Finnair previously known as Flybe Nordic. The airline began operations on 20 October 2011 as a joint venture between Flybe and Finnair, following their acquisition of Finncomm Airlines. Flybe sold its 60% stake in the airline to StaffPoint Holding and G.W. Sohlberg in February 2015. The airline has operated under Finnair's flight code since 1 May 2015.
The creation of the airline was announced on 1 July 2011, when Flybe and Finnair revealed plans to jointly purchase Finnish Commuter Airlines (FCA) and rebrand the airline Flybe Nordic, with Flybe and Finnair each holding a stake in the new entity. Under the terms of the agreement, contingent on approval by regulatory authorities, the purchase price of FCA was €25 million, of which Flybe would pay €12 million and Finnair €13 million. Flybe has a majority stake in Flybe Nordic, holding a 60% stake in the airline, with Finnair holding the remaining 40%; Flybe has three seats on the airline's board of directors with Finnair having the other two. Flybe planned to invest a total of €23.6 million into the new airline, including expenses such as loan repayments in addition to the purchase price of FCA.
At the time of the announcement of Flybe Nordic's creation, Flybe planned to begin operating the new airline on 1 August 2011, with the FCA name being phased out, though the start date was later pushed back to 30 October. A new route network was also planned to be announced in mid-August.
Flybe announced in November 2014 that it would sell its 60% stake in the airline for €1, in an attempt to reduce group costs. in February 2015, the Finnish Competition and Consumer Authority approved the sale of its stake to StaffPoint Holding and G.W. Sohlberg, who took a 45% and 15% stake respectively. The airline will begin flying under Finnair's flight codes from 1 May 2015.
In May 2015 Flybe Nordic rebranded as Nordic Regional Airlines.
On 24 August 2011, Nordic Regional Airlines announced its first 24 routes, including both former Finncomm routes as well as new ones. Since October 2012 Nordic Regional Airlines operates around one third of Finnair's European network for Finnair market (AY). All Nordic Regional Airlines flights have a Flybe (BE) and a Finnair (AY) flight code. The destinations are the following:
- Base Helsinki (Helsinki Airport) (AY)
- Joensuu (Joensuu Airport) (AY)
- Jyväskylä (Jyväskylä Airport)
- Kajaani (Kajaani Airport)
- Kemi (Kemi-Tornio Airport)
- Seasonal Kittilä (Kittilä Airport) (AY)
- Kokkola (Kokkola-Pietarsaari Airport)
- Kuopio (Kuopio Airport) (AY)
- Seasonal Kuusamo (Kuusamo Airport) (AY)
- Mariehamn (Mariehamn Airport)
- Oulu (Oulu Airport) (AY)
- Tampere (Tampere-Pirkkala Airport) (AY)
- Turku (Turku Airport) (AY)
- Vaasa (Vaasa Airport) (AY)
- Berlin (Tegel Airport) (AY)
- Düsseldorf (Düsseldorf Airport) (AY)
- Frankfurt (Frankfurt Airport) (AY)
- Hamburg (Hamburg Airport) (AY)
- Munich (Munich Airport) (AY)
- Gothenburg (Gothenburg-Landvetter Airport) (AY)
- Norrköping (Norrköping Airport)
- Stockholm (Stockholm-Arlanda Airport) (AY)
- Stockholm (Stockholm-Bromma Airport) (AY)
- Visby (Visby Airport)
As of November 2014, Flybe Nordic has codeshare agreements with the following airlines:
Nordic Regional Airlines operates with 12 ATR 72s mainly previously operated by FCA, as well 2 Embraer 170s and 12 Embraer 190. The ATR 72 are owned by Finnair, which bought them from FCA at a cost of €104 million, and leased to Nordic Regional Airlines, as the Embraer 170s, previously owned by Finnair.
Some of the ATR aircraft are painted in Flybe livery, with web titles on the aft right side of the fuselage for the Estonian URL and on the left side the Finnish URL. Embraer E-170 and Embraer E-190 are operated in Finnair livery for AY's European operation.
|ATR 72-500||12||3||68–72|
|Embraer E170||2||0||76||Operated for Finnair; in Finnair livery. All aircraft are to be sold by early August. 1 to BA CityFlyer and 1 to Republic Airlines.|
|Embraer E190||12||3||100||Operated for Finnair; in Finnair livery|
More than 20 of the aircraft are flying on a white label contract for Finnair. Up to 5 of the ATR aircraft are on scheduled flying operations under the Flybe brand.
Nordic Regional Airlines's ATR aircraft are maintained by Flybe Finland Maintenance at Helsinki Airport. The fleet of Embraer aircraft is maintained by Flybe Aviation Services in the United Kingdom.
Flybe Finland Ground
In April 2013 it was announced that Flybe Finland Ground will be established to provide ground services to Flybe operations in Finland. This business will initially focus on the Helsinki-Vantaa Airport where it will develop services to support Flybe’s own operations. In the future Flybe Finland Ground will also offer ground services to other airlines in Finland and overseas.
Flybe Finland Maintenance
Formerly Finnish Aircraft Maintenance operates as Flybe Finland Maintenance since April 2013. It provides maintenance services for regional aircraft, in particular ATR (aircraft manufacturer) at Helsinki-Vantaa Airport.
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- "Finnish regulator okays Flybe. Nordic's sell off". Ch-aviation. 4 February 2015. Retrieved 15 March 2015.
- "Flybe Finland to fly under the Finnair code starting on May 1". World Airline News. 5 March 2015. Retrieved 15 May 2015.
- "Flybe Finland to rebrand as Nordic Regional Airlines in May". Air Transport World. 22 April 2015. Retrieved 25 June 2015.
- "Nordic Regional Airlines routes announced". Business Traveler. 24 August 2011. Archived from the original on 25 August 2011. Retrieved 25 August 2011.
- L, J (19 March 2015). "Finnair Adds Helsinki – Tartu Route from late-June 2015". Airline Route. Retrieved 20 March 2015.
- "Flybe Annual Report 2014" (PDF). Flybe Group plc. 11 June 2014. Retrieved 12 June 2014.
- "Flybe Finland gave up the ATR42-machines (in Finnish)". Lentoposti. 19 June 2014. Retrieved 28 September 2014.
- "Fast-growing Flybe Finland establishes new business unit". Invest in EU. 5 April 2013. Retrieved 10 April 2013.
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