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Finnair posts first full-year profit since 2007

Finnair reported a 2012 full-year net profit of €11.8 million ($15.9 million), reversing an €87.5 million loss in the prior year.

Finnair Airbus A330-300. By Rob Finlayson Finnair reported a 2012 full-year net profit of €11.8 million ($15.9 million), reversing an €87.5 million loss in the prior year. Finnair said the performance demonstrated the success of its restructuring efforts. Speaking to reporters and analysts, Finnair president and CEO Mika Vehvilainen described the results as “quite satisfactory” and a “solid business performance,” noting this is Finnair’s first ...

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