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Nordic Aviation reports $81.89 million operating profit for April
By Sarah Lizee
Olympia, Wash., May 27 – Nordic Aviation Capital A/S reported an $81.89 million operating profit on $101.03 million in total revenue for the April period, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Eastern District of Virginia.
The net profit for the period was $3.66 million.
The company had a $718.67 million cash balance at the end of April.
The Billund, Denmark-based aircraft leasing company filed bankruptcy on Dec. 17, 2021 under Chapter 11 case number 21-33691.
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