Eesti; Põhja-Eesti;
Location of affected unit(s)
Tallinn (Põhja-Eesti)
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

130 jobs
Number of planned job losses
Job loss
Announcement Date
18 December 2007
Employment effect (start)
6 January 2008
Foreseen end date
6 January 2008


Aero Airlines, an Estonian-registered subsidiary of the Finnish airline Finnair, was shut down in Tallinn in January 2008 dismissing 130 employees.Aero Airlines, founded in 2001, was offering international scheduled services between Tallinn and Helsinki and between three Finnish destinations. In January 2008 the company ceased its operations because of the new strategy of Finnair. In 2007 there were dicussions regarding the possibility of concentrating on charter flights in Aero Airlines, but its Estonian background was considered to diminish the possible profits. Additional problems are related to the wages which increase too fast in Estonia and the working and rest time act that is stricter in Estonia than in Finland and than in the European Union in general.However, the employees affected by the job cuts are offered work in the parent company Finnair in Helsinki. Some 25-30 empolyees are already willing to continue working in Finnair but the managers of Aero Airlines hope that the number will increase to 50-60.


  • 7 January 2008: Postimees
  • 18 December 2007: Aripaev
  • 4 January 2008: Aripaev


Eurofound (2007), Aero Airlines, Closure in Estonia, factsheet number 66319, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66319.