Finnair issues profit warning
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Finnair has updated its previous guidance on the second-quarter result. The company’s operational loss for April-June is projected to be at the same level or smaller than the first-quarter operational loss. Earlier guidance projected the second-quarter result to be clearly worse than the first-quarter figure.
– We naturally cannot be satisfied with a loss-making result, but the trend in profitability is encouraging. We must complete the implementation of our 200 million euro profit improvement programme and at the same time safeguard our long-term cost-competitiveness, says Finnair’s President & CEO Mika Vehvil
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