The State level agreement between Estonia, Finland, Latvia and Norway leading to the establishment of the North European Functional Airspace Block (NEFAB) was signed on 4 June in Tallinn.
The project aims to increase air traffic efficiency and improve safety. According to studies, the benefits of the functional airspace block could reach 340 million euro for the period 2012-2025. Improved efficiency in air traffic flows will reduce fuel consumption and thus help to cut back on CO2 emissions.
The agreement is expected to enter into force in autumn 2012.
Read more in the Ministry of Transport and Communications' press release on the subject.