Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Finnair posts USD1.6m profit in Q4  Join our daily free Newsletter

MENAFN - - 10/02/2013

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093607729%26title%3dFinnair-posts-USD16m-profit-Q4 Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093607729%26title%3dFinnair-posts-USD16m-profit-Q4 Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(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.

 






  MENA News Headlines
May 23 2013Saudi- IDB increases its capital from $ 45 bn to $ 150 bn ,Arab News
(MENAFN - Arab News) The Islamic Development Bank Group has decided to increase its authorized capital from $ 45 billion (30 billion Islamic dinars) to $ 150 billion (100 billion dinars) on the ...

May 23 2013US teen birth rate drops to record low ,AFP
(MENAFN - AFP) US teen births have dropped to a record low, but the country still has one of the highest rates among developed nations, the US Centers for Disease Control and Prevention said. "The ...

May 23 2013Saudi- IDB increases its capital from $ 45 bn to $ 150 bn ,Arab News
(MENAFN - Arab News) The Islamic Development Bank Group has decided to increase its authorized capital from $ 45 billion (30 billion Islamic dinars) to $ 150 billion (100 billion dinars) on the ...

May 23 2013Samsung sells more than 10 mn Galaxy S4 smartphones ,AFP
(MENAFN - AFP) South Korea's Samsung Electronics said Thursday that global sales of its latest flagship Galaxy smartphone had topped 10 million units less than a month after its debut. A company ...

May 23 2013Japan's SoftBank to give US govt Sprint board choice: WSJ ,AFP
(MENAFN - AFP) Japan's SoftBank is preparing to hand the US government an unusual degree of influence over operation of Sprint Nextel, after security concerns raised by the proposed cross-border ...

May 23 2013Grounded ship is Philippines' last line of defence ,AFP
(MENAFN - AFP) A handful of marines living on a World War II-era ship that is grounded on a remote, tiny reef is the Philippines' last line of defence against China's efforts to control most of the ...

May 23 2013Indonesian 'Hijabers' buy into an Islamic economy ,AFP
(MENAFN - AFP) Indonesian event organiser Risti Rahmadi wears an Islamic headscarf, uses halal lipstick and knows that it's time to pray when an app on her BlackBerry emits Koranic verses five ...

May 22 2013Ford to halt car production in Australia in 2016 ,AFP
(MENAFN - AFP) Ford announced Thursday it would cease making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs, having produced its first car in the country in 1925. Ford ...

May 22 2013First China manufacturing shrinkage in 7 months: HSBC ,AFP
(MENAFN - AFP) Manufacturing activity in China contracted in May for the first time in seven months, HSBC said Thursday, in another sign of the weakness of recovery in the world's second-largest ...

May 22 2013Documentaries are rising stars in film ,AFP
(MENAFN - AFP) Blockbuster features that cost $100 million or more may grab the headlines, but the area of filmmaking that is growing fastest is documentaries, say industry sources at the Cannes ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help