Baltic flag carrier Estonian Air reported a first-half net loss of €5 million ($6.65 million), narrowed from a net loss of €6.1 million reported for the same period last year.  First-half revenue was €32.9 million, down 8% year-over-year. The airline cited reduced passenger numbers and lower yields due to increased competition at its Tallinn base for the negative performance indicators. The airline said that pressure on yields had increased across Europe, forcing airlines ...

Subscribe to Access this Entire Article

"Estonian Air continues to narrow losses in 1H" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.