|Estonian national airline Estonian Air recorded total passengers volume of 678,049 in 2011, which indicates increase of 16.4% y/y. In December the company carried total of 44,541 passengers, 4% y/y increase. Rauno Parras, commercial manager at Estonian Air, noted that given the economic uncertainty, the growth rates are very good, and current bookings for 2012 indicate continuing trend. In 2011 the company operated 11,691 flights, 11.5% y/y increase. In December the company operated 883 flights, an increase of 16.1% y/y. Estonian Air operates flights to 25 destinations from Tallinn.
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