The Minister of Infrastructure, acting in the capacity of sole shareholder of OÜ Transpordi Varahaldus (TVH), approved the company’s annual report at a shareholders’ meeting held on April 7, 2026. In accordance with the owner’s expectations confirmed at the end of 2024, the state decided to exit the aviation asset …
OÜ Transpordi Varahaldus (TVH), a state-owned company managing aviation assets (TVH), handed over the last of seven Bombardier CRJ900 passenger aircraft to Regional One, thereby successfully completing the aircraft sale agreement signed in the summer of 2025. “The sale of the state’s aviation assets has been a long and …
OÜ Transpordi Varahaldus was successful remarketing of six CF34-8C engines and associated Life-Limited Parts (LLPs) with the professional assistance of ACC Aviation. Leveraging a data-driven pricing strategy underpinned by a Current Market Value (CMV) analysis, ACC Aviation conducted a targeted RFP process across a …
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 …