Silobreaker.com
360° SearchNetworkHot SpotsTrends
 
Advanced Search Options >>
Saturday, November 21, 2009 11:30 PM

Published 10/29/2009 by Straits Times


Finnair Q3 loss widens 15%

HELSINKI - FINLAND'S national carrier Finnair PLC reported on Thursday its third-quarter net loss widened by 15 per cent as the recession hurt demand, and said it 'still has a long way to go' before being competitive.

The 20.7 million euros (S$42.85 million) loss compared...

Share this 

There are no more reports on this story yet.

Quotes

...with predictions, "even though it did not meet, by any means, our targets" . He gave a grim ou...
"Clearly lower demand for business travel and the consequent decline in the average price have cut revenues by more than a fifth" Mr Hienonen said...
...Mr Hienonen said. "Aircraft are flying with fairly reasonable passenger load factors, but the steep fall in the average price is eroding profitability."
In Focus
Network

  •  
  •  
  •