All Nordica articles
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News
Estonian state not a ‘capable’ airline owner and should sell carrier Nordica: audit office
Estonia’s government is not sufficiently capable of acting as the owner of complex aviation businesses, the country’s national auditor has concluded after a review of regional operator Nordica’s business. The national audit office, Riigikontroll, says the government is too indecisive, adding that a sale of Nordica and the associated aircraft ...
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Nordica turns to Knighthood Global for turnaround after revenue falls short
Estonian carrier Nordic Aviation Group has brought in consultancy firm Knighthood Global to carry out a restructuring, in an attempt to turn around losses after supply chain issues hit its revenues amid rising costs.
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Excursion CRJ900's nose-wheel steering reversed by incorrect maintenance
Swedish investigators have found that incorrect installation of a Bombardier CRJ900’s nose-wheel steering sensor resulted in rudder-pedal deflection inputs being reversed, before the jet suffered an excursion during take-off from Gallivare. The Nordica aircraft had been departing runway 30 for a service to Stockholm on 9 September last year. Its ...
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Nordica debuts under own code as it eyes Tallinn return
Estonian carrier Nordica has begun operating flights under its own AOC and IATA code for the first time.
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Nordica to buy out LOT stake in regional unit Xfly
Estonian carrier Nordica has reached agreement with LOT Polish Airlines to acquire its 49% share in Xfly, making it the sole owner of the regional capacity provider.
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Nordica cleared to take €30m Estonian support package
Estonian operator Nordica has secured approval for a €30 million financial support package which will comprise a share capital increase and a loan with subsidised interest. Nordica is a capacity provider operating regional jets for carriers in northern and eastern Europe, but has been facing the possibility of insolvency ...
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Estonia makes merger a condition of Nordica capital increase
Estonia’s government is to increase the share capital of local carrier Nordica by €30 million ($33 million) to help the airline through the coronavirus crisis – an investment which is conditional on the merger of Estonian aviation assets.
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Nordica stops own-brand flights but subsidiary to expand
Estonian carrier Nordica has suspended operations carried out from Tallinn under its own brand, owing to cost pressures.
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Nordica division to expand with more SAS CRJ900s
Estonian operator Nordica's Regional Jet division is to expand its fleet with five more Bombardier CRJ900s next year.