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Finnair posts second quarter loss as fuel prices weigh
2022.07.19 09:45
FILE PHOTO: A Finnair Airbus A320-200 aircraft prepares to take off from Manchester Airport in Manchester, Britain September 4, 2018. REUTERS/Phil Noble
(Reuters) – Finland’s national carrier Finnair posted a narrower second quarter operating loss on Tuesday as revenue soared but the company said record high fuel costs weighed on the results.
The company reported a quarterly operating loss of 84.2 million euros compared to 151.3 million euros a year ago. Revenue increased 392 percent to 550.3 million euros, the company said.
