The Finnair Group reported a first-half 2015 net loss of €15.8 million ($17.5 million), narrowed from a €52 million net loss in the year-ago period. The airline attributed the improvement primarily to revenue growth in core business operations, progress in cost reduction measures and falling fuel prices. Revenue was largely static for the period, down just 0.7% year-on-year to €1.1 billion, and an operating loss of €13.9 million represented a 74.5% improvement over 1H ...

Subscribe to Access this Entire Article

"Finnair Group narrows losses in 1H" 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?

Already registered? here.