Estonian Air (Tallinn Lennart Meri) has sold its 60% stake in AS Amadeus Estonia to 5% shareholder, Amadeus IT Group, S.A. “The sales of our share in Amadeus Estonia is a next step of the restructuring process, whereby we have decided to divest our non-core assets and shares that are not directly related to our core business,” said Jan Palmér, the CEO of Estonian Air. The remaining 35% of Amadeus Estonia's shareholding is held by Amadeus Finland OY. AS Amadeus Estonia provides local travel agencies with booking systems and support.
Estonian Air disposes of its AS Amadeus Estonia stake
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