Estonian Air has announced that it will cease business from Nov. 8 after a European Commission (EC) ruling that it received unfair state aid. In a brief statement, the airline’s management board said it had decided to cease operations following the EC decision, which demanded that the airline, which has provided services for the small Baltic state since 1991, should pay back some €85 million ($91 million) of state aid. The decision was not unexpected and there have been reports ...

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