Estonian Air's overhaul plan will be reviewed by the Cabinet on Thursday and a decision on how the company will move forward is expected to be made in early February.
Government to Pick Through New Estonian Air Strategy
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Supervisory board member Erki Urva said it was too early to disclose the specifics of the draft plan such as spending figures, Postimees reported.
The government decided in December to lend Estonian Air 8.3 million euros, which the minister of economic affairs, Juhan Parts, has said would save the company from bankruptcy until March.
The European Commission is currently reviewing the Estonian government's request to bail out the airline.