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Estonian Air net loss narrows in 2Q2013/1H2013, first monthly profit in 3 years in Jun-2013

26-Jul-2013 12:26 PM

Estonian Air reported (25-Jul-2013) the following financial highlights:

  • Three months ended 30-Jun-2013:
    • Revenue: EUR19.5 million, +20% year-on-year;
    • Net profit (loss): (EUR0.9 million);
  • Six months ended 30-Jun-2013:
    • Revenue: EUR35.7 million, -19%;
    • Net profit (loss): (EUR5.8 million);
    • Passenger numbers: 275,000, -35%. [more - original PR]

CEO Jan Palmér also said the carrier reported its first monthly profit in Jun-2013, the first time in almost three years, as a result of the carrier's restructuring plan.