Airline Nordica suffered a loss of EUR 10.5 million last year due to the reduced opportunity to travel caused by the coronavirus. The company approved the report for the previous financial year at a general meeting on July 6. Last year’s sales revenue was EUR 61 million, almost 42% less than in 2019 which saw…
Revenue of Nordic Aviation Group AS, the Estonian state-owned airline operating under the Nordica brand, declined by 42% YoY, to EUR 61 million in 2020, while the company’s loss grew threefold, to EUR 10.5 million euros. Nearly all of Nordica’s sales revenue was derived from the rental of aircraft and flight crew as regular flights,…
Last year, the state airline Nordica was issued an air operator’s certificate and a license to operate and had now been issued an international airline code – “ND”. Going forward, the airline can fly under its trademark and code and has developed a commercial platform. Nordica has previously flown under the flight code of the…
Five streets were opened for traffic after the repair of roads in Bishkek, press service of the capital’s City Hall reported. The following sections of streets are open for traffic: Ogonbaev (from Ibraimov Street to Osmonkul Street); Aibiyke (from Gagarin Street to the railway crossing in Ak-Ordo residential area); Logvinenko (from Frunze Street to Zhibek…
Uzbekistan’s capital city of Tashkent plans to spend $3.9 million towards the procurement of electric buses, the press service of the Ministry of Transport has reported. The project aims at improving the quality of the environment by introducing accelerated use of electric transport in urban public transport on the example of the capital. Further, this…
This year Swedish ferry company Stena Line deployed two new, large and modern ferries on its route connecting Latvia’s Ventspils and Sweden’s Nynashamn, as confirmed by the company. The first of them – Stena Scandica – arrived in Ventspils on June 29. It is preparing for its first voyage, which will start on July 2.…
Prime Minister of Uzbekistan, Abdulla Aripov proposed to increase the number of regular flights to Russia to 14 per week, as he attended the second meeting of the commission at the level of the heads of government in Moscow. “We also consider it expedient to gradually resume passenger railway communication between our countries in the…