Nordica/Xfly press conference provided some interesting details. Last contract with SAS was signed at the beginning of 2023, however has cumulatively brought 22M(!) losses in 1,5 years. Cancellations were very high last summer, up to 12% (probably several penalties). From April, Xfly got improved rates from SAS and has been in monthly profit from June. On 19 Sept SAS gave Xfly the flight schedule for November, yet to pull the plug totally week later. One new contract with Wideroe for 1 plane has already been signed, but otherwise looking customer(s) outside Europe.
In this video, the CEO gives comments in English:
https://arileht.delfi.ee/artikkel/12...jonit-kahjumit
Sounds like SAS mgmt rapidly decided to cut some costs on local flying. Bad ACMI contract from Xfly side raises "why" questions because it cannot be all inflation and penalties.
TLL-ARN daily will be cut from 6 to 2 rotations and TLL-CPH (always Cityjet operated) disappears totally.