Air Transport World

Finnair. (Europe report).(Reports pre-tax loss of $4.3 mn for first quarter ended March 31st)(International Pages)(Brief Article)(Statistical Data Included)

Finnair reported a pre-tax loss of [euro]4.7 million ($4.3 million) for the first quarter ended March 31 compared with a [euro]15.2 million profit last year. Total operating revenue dropped 8.6% to [euro]396.1 million while operating expenses fell 2.6% to [euro]398.7 million, mostly owing to cuts in the price of fuel, ground handling and catering. As a result, the company recorded an operating loss of [euro]2. …

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