Flybe is reported to be interested in buying Danish Cimber Sterling that declared bankruptcy earlier this month.
"We see this as an opportunity to extend our plans in Denmark. It is part of our plan to become the market leader of the region," Fred Kochak, Flybe's marketing chief for Europe, told Finnish public broadcaster YLE.
Flybe is eyeing Cimber's ATR aircraft that would be suitable for short flights from Denmark to other Nordic cities or Germany, YLE said.
Flybe and Finnair have a joint venture Flybe Nordic that operates in the Nordic and Baltic countries.
YLE said three other regional airlines, Skyways, DAT and Jet Time, are also interested in Cimber.
Cimber, which carried two million passengers last year with a fleet of about 30 aircraft, has lost money persistently since it was listed at the end of 2009.
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