Flynordic, Finnair's Stockholm-based low-cost subsidiary, faces significant challenges in adapting to new market realities in Sweden. "Every airline is losing money [there], including us," Finnair CEO Jukka Hienonen told ATWOnline in Helsinki. "The Swedish market has changed." Asked how much time remains for Flynordic to improve its results, he said, "more important than time is to find the right direction. We need more efficiency on the route network and frequencies. We want to have black ...

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