Press centre
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Estonia’s national airline Nordica transported more than 102,000 passengers on its Tallinn routes in Q1 2019.
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Kristi Ojakäär to take up post as Head of Finance at Nordica on 1 February. Kristi Ojakäär, who has been selected as the new head of Nordica’s Finance Department, previously worked as the Finance Manager at Olympic Entertainment Group AS and as the Director of Finance for the Baltic States with Microsoft Estonia. She will be joining Nordica’s management board at the same time as assuming the duties of Head of Finance at the airline. An open competition for the post was held late last year.
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In January, Nordica will be ceasing to service routes that the current competition conditions render economically unviable, freeing up aircraft and crew that it will instead use for profitable subcontracting services.
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Estonia’s national airline Nordica is preparing to make the transition from its summer to its winter flight schedule. In the first eight months of the year the airline flew almost 470,000 travellers, a more than 30% rise in passenger numbers compared to the same period in 2017.
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Regional Jet, a subsidiary of Estonia’s national airline Nordica, made its inaugural flight on the Stockholm-Arvidsjaur-Gällivare route yesterday. The flights represent a domestic link commissioned by Swedish local governments, the public procurement for which Nordica and its subsidiary won in mid-August.
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Nordica’s subsidiary Regional Jet OÜ, which provides aviation service to both its parent company and several other clients, won the contract to provide service on this Swedish domestic route.The routes in question are state-subsidized air links between the cities of Stockholm, Gällivare and Arvidsjauri and the newly signed procurement contract runs until October 2019. Flights between Stockholm and Gällivare and Arvidsjauri in the north of Sweden will start on 15 September.
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Leisure Cargo, a 100% subsidiary of Zeitfracht, has taken over the belly freight of Estonian airline Nordica from 1st of June 2018. Leisure Cargo is providing its total cargo management services for the bellies of eight passenger aircraft – operating mainly in Northern and Central Europe. In the German-speaking area, Munich and Vienna are being served all-year-round while Hamburg and Berlin are being served with seasonal flights.
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Estonian airline Nordica’s passenger numbers continued to grow in the second quarter of 2018. Compared to the same period a year ago, more than 36% more passengers flew with the national airline during the quarter. The spring-summer flight period started well for the company, with two new seasonal routes and one year-round route launched.
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Jaan Tamm, Chairman of the Management Board of Estonian airline Nordica, submitted his resignation to the Supervisory Board of Nordic Aviation Group AS today, which was duly accepted.
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Nordica’s second year of operations was a very successful one: although a loss of around 6 million euros had been forecast for the airline, it managed to earn almost 0.9 million euros in profit. This was primarily due to the 68% rise in passenger numbers Nordica experienced during the year.