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CLARA MOSCHINI

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Swinging Finnair

Helsinki, Finland - Fourth-quarter loss despite strong growth in sales

Finnair PLC swung to a EUR 2,9m net loss in the fourth quarter last year, caused partly by a near tripling of fuel costs, despite a strong growth in sales. In the same period a year earlier, the air company reached a profit of EUR 3,9m. Net sales in the three-month period through December grew 7,5% to EUR 478,6m from 445m in 2004. Fuel costs rose 31,5% in the last quarter and personnel costs increased...

AVIONEWS - World Aeronautical Press Agency - 136124

AVIONEWS - World Aeronautical Press Agency
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