Transpordi Varahaldus OÜ (TVH) has handed over the first of seven Bombardier CRJ900 regional jets sold to EIC Aircraft Leasing Limited, a subsidiary of Regional One, a leading lessor of regional aicraft. The aircraft departed from Tallinn Airport on August 28, 2025 and headed to its new base in Ljubljana, Slovenia. According to Ergo Blumfeldt, Member of the Management …
According to the audited results of OÜ Transpordi Varahaldus (TVH) for 2023, the company’s net profit, excluding the effect of asset impairment, was EUR 1.8 million (EUR 2.3 million in 2022) and the annual turnover was EUR 10.61 million. However, the financial year closed with a loss of EUR 10,6 million …
In December 2022, Transpordi Varahaldus OÜ (TVH) acquired eight CF34-8C5A1 jet engines manufactured by General Electric to operate the company’s fleet more efficiently. At the same time, TVH signed agreements for the lease-out of four of the purchased engines and the sale of six vintage engine cores. According to Ergo …
Transpordi Varahaldus acquired two second-hand aircraft engines for more efficient operation of the company’s fleet of CRJ900 NextGen aircraft.
The Estonian government-owned Transpordi Varahaldus OÜ (TVH) has acquired two aftermarket CF34-8C5A1 jet engines manufactured by General Electric in order …
On April 22nd, 2022 the annual general meeting of shareholders of OÜ Transpordi Varahaldus (TVH) – the Minister of Economic Affairs and Infrastructure Taavi Aas, as the representative of the sole shareholder – the Republic of Estonia, approved the company’s annual report for the financial year 2021, recording …
Seven Bombardier CRJ900 type aircraft owned by Transpordi Varahaldus OÜ (TVH) are now fully financed by LHV Pank, while Estonia’s national airline Nordica continues as their lessee. Government-owned TVH refinanced its previously issued bonds with a 23 million euro loan from an Estonian LHV Pank. In 2017 and 2018, TVH issued bonds with a 23 million euro …
According to the audited financial results for 2020 the operating profit of OÜ Transpordi Varahaldus (TVH) was 1.84 million euros at a 9.38 million euro annual turnover. According to the member of the management board Ergo Blumfeldt, the last financial year was the most complicated in commercial aviation …
On May 4th, 2021 the minister for economy and infrastructure, acting as the representative of the sole shareholder of Transpordi Varahaldus OÜ, recalled Katrin Andre ja Kaupo Raag from the supervisory board of the company and appointed two new members.
According to the audited financial results for 2019, the annual turnover of OÜ Transpordi Varahaldus (TVH) was 9.1 million euros and net profit was 3.2 million. Minister of economic affairs and infrastructure who exercises the rights of the sole shareholder of TVH approved the annual report which was audited by …
Estonian Aviation Cluster www.eac.ee is a non-profit association established in early 2019. It unites aviation-related Estonian undertakings and organisations and through cooperation, seeks involvement in creation of the national aviation strategy and also aims at increasing the attractiveness of Estonia …