Finnair Secures Loan Guarantee; Looks At Further Cuts
Credit: Nigel Howarth / AWST
Finnair has secured European Commission (EC) clearance for up to €600 million ($656 million) in loan guarantees, but the airline is now seeking another €80 million in cost savings and has warned of further job cuts. The €600 million in funding, which comprises a state-guaranteed loan of up to €540...
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