Eversheds has represented the buyer in a corporate transaction concerning Nordic Re-gional Airlines. The airline company Finnair, StaffPoint and Kilco Oy have agreed that 60 per cent of the shares of Nordic Regional Airlines AB will be transferred to StaffPoint and Kilco.

The transaction requires the approval of the Finnish competition authority. Upon reali-sation of the agreement, StaffPoint’s share of the joint venture will be 45%, Kilco’s 15% and Finnair’s 40%.

Nordic Regional Airlines AB owns the entire share stock of its Finnish subsidiary Nordic Regional Airlines Oy or “Norra”. Norra operates 26 ATR and Embraer planes on domestic and European flights, and the company previously operated under the name Flybe Finland Oy.

StaffPoint is a Finnish human resources company providing personnel and recruitment services, coaching services and HR software solutions. The company annually provides employment to over 15 000 people.