Finnair A330-300. Photo: By Rob Finlayson. Finnair said that growth last year was “tarnished” by the volcanic ash crisis in April and the 10-day long strike by its by cabin staff in December. As a result, it posted a €22.8 million ($31.3 million) full-year net loss, narrowed from a €95.2 million deficit in 2009. It said the implementation of multiple efficiency measures helped slow the rise in costs. Consolidated full-year revenue heightened 10.1% to €2.02 ...

Subscribe to Access this Entire Article

"Finnair incurs €23 million 2010 loss; blames volcano, strike" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.