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Finnair's forecast for 2005

Helsinki, Finland - The carrier expects a better performance in 2005 compared to 2004

Finnish flag carrier, Finnair, announced it expects a better performance in 2005 compared to the last year. The airline reported EUR 17m profit in 2004 compared to EUR 19m loss a year earlier; a change in pension regulation allowed the carrier to save EUR 21m used to offset high fuel costs. Finnair furthermore used lower fares in order to be competitive with low-cost rivals; a recovery in demand especially...

AVIONEWS - World Aeronautical Press Agency - 114755

AVIONEWS - World Aeronautical Press Agency
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