Estonian Air narrows losses in 1H

Credit: By Alan Dron
Baltic flag-carrier Estonian Air reported first-half net loss of €5.8 million, narrowed from a €14.9 million net loss year-over-year. Revenue was €35.7 million ($47.4 million), down 19% compared to the year-ago period. CEO Jan Palmér said the results are a sign its major restructuring program is...

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