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MENAFN - 10/02/2013

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(MENAFN) Finnair PLC announced that it managed to post a profit of USD1.6 million in the fourth quarter, up from a loss of USD43.27 million in the same period a year earlier, reported AP.

Finland's national carrier attributed the growth to a rise in revenue and a decline in operational costs.

The airline has cut personnel by over 9 percent in a year to 6,800, and expects to lower its workforce additionally to tackle high costs and fierce competition.

It is worth noting that in the last 3 months of 2012, Finnair revenue grew 6 percent to USD829.07 million.

 






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