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Thursday, September 6, 2007

Copterline Gets New Owners, Orders AW139s

Helsinki, Finland-based Copterline has sold control of the company to a new owner group and ordered two AW139s to restart airline service, according to the Finnish newspaper Helsingin Sanomat. Copterline suspended its airline service between Helsinki and Tallinn, Estonia in late 2005 after one of its Sikorsky Aircraft S-76 crashed in the Gulf of Finland. Since then, it has focused on medical helicopter services and charter flights. The airline service would resume with delivery of the first AW139 from AgustaWestland, slated for early next year. The second AW139 is due in mid-2008. Former CEO and helicopter pilot Kari Ljungberg sold 17.5 percent of his stake in the company, but kept 25 percent. For related news
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