Estonian national airline Estonian Air carried total of 0.9mn passengers in 2012, up by 30.9% y/y, the company announced. Most of the passengers travelled on regular flights. Load factor amounted to 70.8%, up by 9.6pp y/y. In December the company carried total of 53,493 passengers, up from 44,534 a year ago. In 2012 the company operated 19,539 flights, with 98.4% regularity index and 83.8% of 15-minute punctuality rate. In December the company operated 1,232 flights. Change in management and restructuring will result in cut of destinations by Estonian Air in 2013. |
Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more