European Coastal Airlines d.o.o. successfully closes a further financing round and expands its flight operations as well as the routing network for the summer season 2015. Network Corporate Finance has again exclusively advised the company in connection with this transaction.

Transaction

The successfully completed financing round enables the Split, Croatia, based European Coastal Airlines (ECA) to further expand flight operations for the summer season 2015 to more than 10 destinations and to increase its fleet to a total of 6 seaplanes. Network Corporate Finance structured and raised this seven-digit financing round.

Also in the course of this international transaction Network Corporate Finance was able to successfully take advantage from its long-term cooperation with the Malaysian ZJ Advisory Group.

Company

European Coastal Airlines (ECA) is Europe’s first seaplane airline that operates under German Management and is based in Split, Croatia. The summer flight plan 2015 will offer regular scheduled services to destinations such as Split Downtown, Split Airport, Zagreb, Rijeka, Pula, Rab, Hvar, Jelsa, Korčula, Dubrovnik, Lastovo and Vis.

ECA is not only offering a new level of comfort in passenger transportation to and from major holiday destinations in Croatia but also creates a sustainable infrastructure development and thus contributes to the further growth in one of the most dynamic tourism regions in the European Union.

For additional information on ECA:
www.ec-air.eu

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