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Finnair's second quarter loss widens
Finnair reported a second-quarter net loss of €27.8 million ($37 million), widened slightly from a €23.3 million deficit in the year-ago-period. “Strengthening demand, recovering load factors and clearly improved unit revenues have restored profitability to a positive course," President and CEO Mika Vehvilainen said. "It is clear that we cannot be satisfied with a loss-making result, but the trend in profitability is heartening."