Estonian Air Earnings Trail Expectations, Minister Tells EPL

AS Estonian Air’s financial results are “clearly” weaker than expected, Economy Minister Juhan Parts told Eesti Paeevaleht in an interview, without disclosing details.

The government, which owns 90 percent of the national carrier, hasn’t received requests for additional financing, the newspaper said. Estonian Air should consider releasing earnings reports on a quarterly basis or at least twice a year, rather than once a year, EPL cited Parts as saying.

To contact the reporter on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net