Normalising market after a period of strong demand decreased unit revenue and results.
Yields and operating cash flow remained at a good level but strikes had a negative impact on revenue and result.
Q3 was the busiest quarter of the year characterised by strong growth and profitability – EUR 570 million rights issue is the next natural step
Record strong Q2 - the fourth consecutive positive EBIT due to strong demand and good progress in strategy implementation.
Black is always in fashion - the third consecutive positive EBIT driven by strong demand and well-progressed strategy implementation.
Second consecutive comparable EBIT in the black. Our journey to restore profitability continues.
Positives: Q3 comparable operating result in the black for the first time in almost three years and the strategy work proceeds; negatives: net result still in the red, long journey ahead.
Finnair's Q2 was overshadowed by an uncertain operating environment and historically expensive fuel; however, demand began to normalise in several markets.
Finnair’s two-sided Q1: travel revived strongly, but the Russian airspace closure had a dramatic impact on our operating environment.
In Q4, travel increased, and EBITDA turned positive. Omicron caused a short detour.