Estonian Air reports $8 million 9M net loss; expects new shareholder in 2015

Credit: By Alan Dron
Baltic flag carrier Estonian Air reported a net loss of €6.4 million ($8 million) for the nine months ended Sept. 30, deepened from a loss of €6 million in the year-ago period. Revenue was down 6% to €52.2 million for the nine-month period, but variable costs decreased 1%, to €35.8 million year-over...

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.