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Time is running out: Despite huge losses, the ministry hopes to find a buyer for Nordica

Время упущено: несмотря на огромные убытки, в министерстве надеются найти покупателя на Nordica

Nordica, which has suffered losses of over 27 million euros in the last year and a half, is desperately looking for a buyer. Unfortunately, due to the extremely poor financial performance, this task is becoming extremely difficult, and the airline could also lose its largest cooperation partner, SAS. Nordica planes at Tallinn Airport. Nordica planes at Tallinn Airport. Photo: Erik Prozes

Nordica, which has suffered losses of over 27 million euros in the last year and a half, is desperately looking for a buyer. Unfortunately, due to the extremely poor financial performance, this task is becoming extremely difficult, and the airline could also lose its largest cooperation partner , SAS.

Translation: Eva Oyzhynska

Since the end of direct flights from Tallinn, the core business of Nordic Aviation Group (NAG), known as Nordica, has been providing aviation services to partners under the Xfly brand. Their largest customer is SAS, which recently signed a long-term cooperation agreement with Swedish airline BRA.

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