Aviation WeekAlan Dron

Nordic Aviation Group Collapses, Dashing Estonian Flag Carrier Aims

Aviation Week reports: Estonia’s Nordic Aviation Group (NAG) plans to file for bankruptcy, after a long-running attempt to privatize the state-owned company failed.

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Last Updated: Wednesday, Nov. 20, 2024, 2:07 PM PST

2024-11-20T14:07:08.634835-08:00 2024-11-20T14:07:08.634835-08:00 (2024-11-20T14:07:08.634835-08:00)

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Breaking DefenseTim Martin

UK makes sweeping defense cuts, doing away with several warships, scores of helicopters and drones

By Breaking Defense: The surprising move, announced in parliament today by UK defense chief John Healey, will generate savings of £500 million ($632 million) over the next five years, he said, and get rid of "outdated capabilities." But it also drew immediate criticism from opposition party lawmakers.

2024-11-20T09:25:58.949806-08:00