Cost savings boost Finnair’s effort to reduce losses in 1Q

Credit: Rob Finlayson
Finnair Group reported a net loss of €9.8 million ($11 million) for the first quarter, an improvement of 65% over a net loss of €28.1 million in the year-ago period. First-quarter revenue was down 0.5% to €540.4 million from €543.3 million in the year-ago quarter, but the operating loss was reduced...

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