UK regional carrier Flybe and Finnair have completed their joint acquisition of Finnish Commuter Airlines.

This will result in the creation of Finland-based carrier Flybe Nordic.

Flybe Nordic is 60%-owned by Flybe with the remainder held by Finnair.

The two carriers formed a joint venture in July to acquire Finnish Commuter Airlines from owner Finncomm for a total of €25 million ($36 million).

Source: Air Transport Intelligence news