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Aircraft and airlines. Waiting for EC's response, Estonian Air posts record losses
Tallinn, Estonia - The Baltic carrier closed 2012 almost 50 million Euro in the red
For a long time Estonian Air has been in the list of State-owned carriers, like LOT, Scandinavian Airlines, B&H Airlines, Jat Airways, just to name a few, which are experiencing a deep financial crisis. The company has registered significant losses since 2006: so far Tallinn has worked exclusively (or, at least, mainly) on the hypothesis of a state aid, which must pass through Brussels, to receive...
AVIONEWS - World Aeronautical Press Agency - 1150781
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency