Finnair A330-300. Photo: By Rob Finlayson. Finnair Group reported a loss of €33.8 million ($49.6 million) for the first quarter ended March 31, widened from a deficit of €21.7 million in the year-ago period. CEO Mika Vehvilainen cited the impact of events in Japan, as well as rising fuel prices and excess industry capacity for the lower results. The same factors are expected to lead to a loss for the second quarter and he said that "unless there is a substantial ...

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