The Board of Directors of Finnair’s associated company Nordic Global Airlines Ltd (NGA) has decided to discontinue NGA’s operations by May 31, 2015.
NGA, focused on cargo freighter operations, was founded in 2011.
Since then NGA grew to fly main-deck cargo in four continents with its low-cost and thin-organization model,
but with overcapacity in the sector and depressed freight pricing,
the cargo airline’s decision to cease operations was unavoidable.
NGA was operating four McDonnell Douglas MD-11F freighters.