Pallas Air H1 FY26 operating loss narrows to EUR 1.63 million; revenue drops 39.4% to EUR 2.04 million

• Pallas Air posted H1 revenue of EUR 2.04 million, down 39.4% year-on-year.
• Operating loss narrowed to EUR 1.63 million from EUR 2.8 million a year earlier.
• EBITDA loss improved to EUR 925,000 from EUR 1.51 million, helped by broad cost cuts.
• Net loss narrowed to EUR 2.08 million; EPS improved to a loss of EUR 1.62.
• Chair Mikael Rentto flagged weak working capital and said successful financing talks are critical; 2026 guidance was not provided.

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