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2006 first quarter negative for Finnair

Helsinki, Finland - It is probable a jobs' cut

Finnair closed the 2006 first quarter in loss. It was due to the increase of fuel cost that, according to the carrier, will obliged the airline to a spending cut of about EUR 80 million, and to cut hundreds of jobs. The loss appears serious also considering that in the same period of the 2005 the airline registered a profit of EUR 12.2 million. The revenue instead rose of the 8% in the first quarter,...

AVIONEWS - World Aeronautical Press Agency - 140323

AVIONEWS - World Aeronautical Press Agency
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