21 Mar 2013 18:36

Estonian Air losses soar 180% in 2012

TALLINN. March 21 (Interfax) - Estonian national airline Estonian Air saw its net loss balloon by 184% to 49.2 million euro in 2012, the company said in a statement.

Sales revenues totaled 91.5 million euro, and the operating loss came to 35.8 million euro. In light of one-time payments connected with the revaluation of aircraft, it totaled 49.2 million euro.