Finnair Issues Profit Warning As COVID-19 Enters New Phase

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Credit: Nigel Howarth / AWST
VIENNA—Finnair issued a profit warning Feb. 28 and withdrew its previous capacity guidance of 4% growth for 2020, as it adjusts network capacity over the next several months to better fit demand related to the COVID-19 outbreak. The Finnish flag carrier is targeting cost cuts of €40-50 million ($43...

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