Finnair Q2 loss narrows on cost-cutting

  • Associated Press
  • Fri Aug 10th 2012

Finnair PLC has reported a slight narrowing of second-quarter loss to $24.4 million (?19.8 million) partly because of a cost-cutting campaign, which the airline says will continue.

Sales in the period also grew more than 10 percent to ?594.4 million.

The Finnish national carrier says it expects further improvements in the second half of the year "provided that traffic develops according to our estimates and our cost reduction program proceeds in line with its goals."


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