Airport, Education and Science, Transport
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Saturday, 27.04.2024, 03:09
Jaan Tamm resigns as CEO of Estonian carrier Nordica
"The state charged us with the task of getting the
airline off the ground, offering direct flights from Tallinn to destinations
that are important to people in Estonia and laying the groundwork for the
sustainability of the company," Tamm said in a press release. "To my
mind we have achieved all of that, as well as the majority of the tasks we set
ourselves in the business plan when we set up the company. Three incredibly
intense years are behind us and I would like to thank the entire Nordica team – our pilots, our cabin
crew and our office staff – for their collective efforts and achievements.
Having said all that, I also feel it is the right time for the company to be
setting itself new goals under a new manager," Tamm added.
Tamm has headed the management board of Nordica since the company's establishment in October 2015. In less
than three years the airline has become one that operates a fleet of 18
aircraft and employs almost 450 aviation specialists in Estonia and other
countries in Europe.
During that time 21 direct routes have been launched from
Tallinn Airport, making Nordica the
biggest carrier operating out of the Estonian capital. The airline also
provides flight operation services to foreign partners as an additional revenue
stream. A total of 613,000 passengers flew with Nordica in 2017, although when contracted flights are taken into
account that figure rises to more than a mln. The company ended the financial
year with a profit of almost 900,000 euros – a much better result than anyone
had expected.
Peeter Tohver,
chairman of the supervisory board of Nordic
Aviation Group AS, said he places enormous value on the work Tamm has done.
"Launching any business is difficult, but Jaan and his team have managed
to establish a viable and competitive airline and meet all of the goals they
set themselves," he said. "At the same time, I understand and accept
the decision he has made," Tohver said.
Tohver announced that Tamm's duties would be taken on by
current supervisory board member Hannes Saarpuu. "Hannes will be taking up
the post temporarily until we have found a new chairman of the management board
via an open competition," he explained.
The supervisory board of Nordic
Aviation Group AS will continue with three members and the other member of
the management board, Ahto Parl, as
the company's head of finance.