Silobreaker.com    Log In
   My Page    Help   
360° SearchNetworkHot SpotsTrends
 
Advanced Search Options >>
Saturday, November 21, 2009 8:54 PM

Published 10/29/2009 by Earthtimes.org


Finnair reports third quarter losses

Helsinki - Finnish flag carrier Finnair on Thursday reported a loss for third-quarter 2009 while turnover dropped by a fifth as demand for flights remained weak. The group posted a pre-tax loss of 28 million euros (41 million dollars), and a net loss of 20.1 million euros...

Share this 

There are no more reports on this story yet.

Quotes

"The structure of demand has not essentially changed from the early part of the year. Clearly lower demand for business travel and the consequent decline in the average price have cut revenues by more than a fifth" Chief Executive Jukka...
Finnair reports third quarter losses [Earthtimes.org - 10/29/2009]
...did not predict "any rapid change in demand structure. Only the fall in cargo demand has ceased, even though cargo prices remain low" he said
Finnair reports third quarter losses [Earthtimes.org - 10/29/2009]

Related Stories

In Focus
Network

Blogs

sort by: Date | Relevance
Idle Cash [Capital Gains and Games - 11/03/2009]
This article illustrates a point I tried to make in my last column, that the decline in the volocity money--its rate of turnover in the economy--is at the core of ...
Khai Gordon: Saints Prove Perfection Isn't Alwa... [The Huffington Post Full Blog Feed - 11/05/2009]
Let me preface this by saying that I'm not taking anything away from the success the New Orleans Saints have had this season. Their 7-0 record is impressive ...
The Anthropology of Wall Street [DealBook - 10/28/2009]
A new book provides an ethnography of Wall Street bankers, saying they have internalized the way they treat the companies they buy, sell and restructure, thereby ...
Tenet CEO: ‘Silver Lining on the Recession Cloud’ [WSJ.com: Health Blog - 11/03/2009]
Sure, bad debt is up, fewer patients are paying their co-pays and admissions of insured patients are down. But there’s a “silver lining on the recession cloud,” ...
UK PLC – steady as she borrows [John Redwood MP - 11/02/2009]
The CEO of UK PLC sends the following update to shareholders: Dear Shareholder, I am writing to reassure you. Rumours that our Finance Director wishes ...
1

  •  
  •  
  •