NGA to cease operations

admin
By admin May 12, 2015 10:45

NGA to cease operations

Nordic Global Airlines (NGA), which is 40% owned by Finnair, will cease operations by the end of this month after it was unable to cope with depressed freight pricing and overcapacity in the sector.

Other shareholders include Neff Capital Management, Daken Capital Partners, and the Mutual Pension Insurance Company Ilmarinen.

admin
By admin May 12, 2015 10:45