Finnair has been forced to downgrade its full-year outlook after the airline’s third-quarter net profit fell 13.9% to €80.5 million ($91.9 million), driven by exceptional weather conditions, a shortage of spare engines, stiff intra-European competition and higher fuel costs. Speaking on a results webcast Oct. 25, Finnair CFO and interim CEO Pekka Vähähyyppä said the July-September quarter brought up various challenges, which offset 8.9% revenue growth. “We ...

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