Ferry line TS Laevad, which connects Estonia’s larger islands to the mainland, has reported a year-on-year increase in passenger numbers of 14%, with the Hiiumaa route seeing a record result. TS Laevad, a subsidiary of the part-state-owned, part-listed Port of Tallinn (Tallinna Sadam), carried 271,325 passengers in June. June 2020 was, however, the first full…
The Ukrainian low-cost carrier SkyUp Airlines will start operating direct flights to Madeira (Portugal) from July 24, the airline’s press service reports. In particular, Kyiv-Funchal-Kyiv flight will be performed every Saturday. To enter the territory of the Madeira Island, citizens of Ukraine (with the exception of children under 12 years old) must have a special…
In June, 623 electric vehicles were purchased in Ukraine, down by almost 25% YoY. The number of electric vehicles registered in June 2021, compared to June 2020, decreased by 27%, to 582 units, whereas commercial electric vehicles rose by 46%, to 41 units. In June, the share of used imported cars among electric cars was…
On July 7, Minister of Transport and Communications of the Republic of Lithuania Marius Skuodis and Minister of Infrastructure of Ukraine Oleksandr Kubrakov met in Klaipeda and discussed cooperation between the countries in the transport sector and possible new projects. According to the ministry’s press release, the countries intend to strengthen cooperation in the areas…
The European Union (EU) will allocate EUR 3.9 billion to help Georgia improve transport and logistics connectivity, Georgian Prime Minister Irakli Garibashvili has announced after the meeting with European Commissioner for Neighbourhood and Enlargement Oliver Varhelyi. The EUR 3.9-billion aid package consists of a EUR 1.17-billion grant and the rest is a loan. Varhelyi said…
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,…