Finnair posted a €31.2 million ($35 million) second-quarter net profit, reversing a €15.5 million net loss for the comparable period in 2018. Revenue for the quarter rose 10.4% to €793 million, based on 14.8% capacity growth—including the introduction of another Airbus A350—and 14.7% higher demand. The Finland flag carrier plans to update its strategy in November, which will include a growth slowdown in 2020. Passenger numbers were up 13.1% year-over-year (YOY) ...

Subscribe to Access this Entire Article

"Finnair swings to profit in 2Q on higher revenue, demand" 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.