
AvTalk Episode 213: Mo’ Engines, Mo’ Problems
AvTalk - Aviation Podcast
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Norse's Financial Results
Russian Airlines made quote unquote a profit. If you look at the numbers X subsidies, they did not make money last year. And they've already gone back to the government to ask for more money. So they're probably not going to make money this year. You know who else also didn't makes money last year? Norwegian long haul. Norse lost 146 million dollars in 2020 through and had an abysmal load factor of 63% great from a passenger standpoint.
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