Finnair Q3 Results Reveal First Profit Since 2019

DALLAS – Finland’s national airline Finnair (AY), has reported its first positive quarterly operating result for almost three years. Strong demand and an overhaul in its strategy have allowed the airline to post a profit of €35.2 million ($35 million) for Q3 2022.

Passenger numbers increased by 255.9% to 2.8 million, with passenger load factor growing to 80.1%.

In a statement, the airline said it had enjoyed growth in its European and North American networks. However, the closure of Russian airspace, plus the impact of inflation and high fuel costs, is still causing issues for the carrier.

AY Airbus A321 read more ⇒

Source:: “Airways Magazine”

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