Finnair: its turnover at pre-Covid level

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Finnair provides for financial results for 2023 at levels ofpre-Covid or close to them, affirming that theimpact of the pandemic had faded and she adapted to the closure of Russian airspace.

Finland’s national airline reported a 168% jump in net profit in the third quarter of 2023, while adding that rising fuel prices had hurt profits towards the end of the period. It clarified its annual outlook, forecasting a turnover between 2.9 billion and 3.1 billion eurosclose to the level of 3.10 billion euros reached before the pandemic in 2019. It now anticipates a comparable operating profit of 160 to 200 million euros for the year, compared to an earlier forecast of 150 to 210 million .

In September, Finnair welcomed 921,800 passengers in September, an increase of 3.5% compared to the previous year. Its overall capacity, measured in available seat kilometers, increased by 9.8% during the month. Its traffic, measured in revenue passenger kilometers, increased by 13% on an annual basis.

Finally, Finnair also announced that it would renew the cabins of its fleet of Embraer regional aircraft. It will implement the refit between 2024 and 2025 of the 12 Embraer aircraft and the first updated aircraft are expected to be operational by the end of 2024.

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