Estonian Air narrows losses in 2013

Credit: Alan Dron
Baltic flag carrier Estonian Air has reported a 2013 net loss of €8.1 million ($11.1 million), narrowed from a net loss of €49.2 million for 2012. The Tallinn-based national airline said it is now refocused on its new role as a regional carrier. Full-year revenue, at €72.3 million, was 21% lower...

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