NAG hoping to earn profit by 2018 ({{commentsTotal}})

Business
Business

Nordic Aviation Group (NAG), which replaced the bankrupt Estonian Air as the national carrier at the beginning of November, has serviced 26,370 passengers in its first month, with another 56,750 tickets booked for next year.

NAG board member Erik Sakkov said the beginning has been far from ideal, and that the company will begin to use their own aircraft and Estonian crew from the beginning of next year.

He said NAG has been a rescue operation aimed at guaranteeing the continuation of vital air connections for Estonians.

NAG is planning to unveil destination changes soon, but is already selling summer season tickets to Nice and Split.

“The most important thing is to cross over to our own aircraft, dropping outside cabin crews,” Sakkov said, adding that the process takes about an aircraft each month. Sakkov also said he hopes to have the company under control by summer.

Aviation expert Toomas Peterson said it is important for NAG to present clients with its vision for the future. He said explaining business logic behind the company and introducing aircraft would help build trust.

“We have said that at the earliest, we will be afloat by 2018,” Sakkov said.

Editor: J.M. Laats



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