According to unaudited data, the consolidated net loss of Nordic Aviation Group, operating under the Nordica brand, in the first half of 2024 was €8.2 million, while in the same period in 2023 the net loss was €7.6 million. /nginx/o/2023/10/23/15675001t1h7ca2.jpg)
Nordica aircraft. Photo: Eero Vabamägi BNS 27 August 2024, 14:44
According to unaudited data, the consolidated net loss of Nordic Aviation Group, operating under the Nordica brand, in the first half of 2024 was €8.2 million, while in the same period in 2023 the net loss was €7.6 million.
Translation: Karoliina Vertyaeva
Revenue for the six months fell by 11.7 million euros, or 21.3 percent, to 33.2 million euros, mainly due to a decrease in aviation activities. Operating expenses decreased by 11.9 million euros, or 18.6 percent, compared to the same period in 2023, according to the state-owned company's half-year report.
