Estonian Air deepens losses in 2012

Credit: By Rob Finlayson
Baltic flag-carrier Estonian Air widened its deficit in 2012, with net losses reaching €49.2 million ($63.8 million), widened from a €17.3 million net loss in 2011. Revenue was €91.5 million, up from €76.1 million in the year-ago period. Much of the loss was a result of the airline’s previous growth...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.