Finnair said FL Group, the second-largest shareholder in the carrier behind the Finnish government, reduced its stake to 12.7% from 24.4% by selling 15 million shares. The Icelandic investor said the move "is in line with FL Group's strategy to lower exposure to the aviation sector" and would result in a ISK2.8 billion ($44.4 million) loss. FLG said it remains the second-largest shareholder and "continues to support Finnair's ambitious growth strategy." Separately, Finnair said approximately ...

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