{"id":238653,"date":"2021-10-27T06:58:00","date_gmt":"2021-10-27T04:58:00","guid":{"rendered":"https:\/\/www.travelreport.se\/?p=238653"},"modified":"2024-02-02T12:51:33","modified_gmt":"2024-02-02T12:51:33","slug":"finnairs-loss-smaller-than-expected-due-to-recovery-for-asia-airlines","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/finnairs-forlust-mindre-an-vantat-trog-ateroppning-for-asienflyg\/","title":{"rendered":"Finnair&#039;s loss less than expected \u2013 sluggish reopening for Asian flights"},"content":{"rendered":"<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"450\" height=\"258\" src=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2017\/03\/finnair2-e1489641330144.jpg\" alt=\"\" class=\"wp-image-229490\" srcset=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2017\/03\/finnair2-e1489641330144.jpg 450w, https:\/\/www.travelreport.se\/wp-content\/uploads\/2017\/03\/finnair2-e1489641330144-300x172.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><figcaption>Finnair.com<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Finnish airline Finnair reports a pre-tax loss of -145 million euros for the third quarter of 2021. Analysts had expected -161 million euros, according to Infront&#039;s forecast compilation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The operational operating profit was -109 million euros. This was expected to be -136 million euros.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Net sales amounted to EUR 199 million. Expectations were EUR 234 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Finnish airline&nbsp;<a href=\"https:\/\/www.di.se\/bors\/aktier\/fia1s-2692\/\">Finnair<\/a>&nbsp;FIA1S +3.62% operations continue to be dampened by pandemic restrictions, especially in Asia, the company writes in the forecast section of the interim report for the third quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Based on it<\/strong>&nbsp;As vaccination rates increase, Finnair predicts that Asia will open to travelers at a more significant level early in 2022, except for China, which is expected to open after the middle of next year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201d&quot;Due to the slow recovery of traffic to Asia, Finnair expects the comparable operating loss to continue in the first half of 2022. We expect the operating environment in the second half to be closer to pre-pandemic levels and that a recovery to 209-year traffic levels, measured in annual ASK, will be achieved in 2023,&quot; Finnair writes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Freight operations remain strong and cost-saving programs have progressed as planned. However, costs have increased due to capacity increases and higher fuel prices, which is expected to lead to a similar performance trend for the fourth quarter, which ended with a loss of EUR 106 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fourth-quarter cash flow is also forecast to be positive.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Nyhetsbyr\u00e5n Direkt<a rel=\"noreferrer noopener\" href=\"https:\/\/linkedin.com\/shareArticle?mini=true&amp;url=https%3A%2F%2Fwww.di.se%2Flive%2Ffinnairs-forlust-mindre-an-vantat-trog-ateroppning-for-asienflyg%2F\" target=\"_blank\"><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Det finl\u00e4ndska flygbolaget Finnair redovisar ett resultat f\u00f6re skatt p\u00e5 -145 miljoner euro f\u00f6r det tredje kvartalet 2021. Analytiker hade r\u00e4knat med -161 miljoner euro, enligt Infronts prognossammanst\u00e4llning. Det operationella r\u00f6relseresultatet var -109 miljoner euro. H\u00e4r v\u00e4ntades -136 miljoner euro.\u00a0 Nettooms\u00e4ttningen uppgick till 199 miljoner euro. V\u00e4ntat var 234 miljoner euro. Det finl\u00e4ndska flygbolaget&nbsp;Finnairs&nbsp;FIA1S +3,62%&nbsp;verksamhet [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3226,254,85],"class_list":["post-238653","post","type-post","status-publish","format-standard","hentry","category-travel-report","tag-asien-2","tag-finnair","tag-flyg"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finnairs f\u00f6rlust mindre \u00e4n v\u00e4ntat \u2013 tr\u00f6g \u00e5ter\u00f6ppning f\u00f6r Asienflyg &#8211; Travel Report<\/title>\n<meta name=\"description\" content=\"Finnairs f\u00f6rlust mindre \u00e4n v\u00e4ntat \u2013 tr\u00f6g \u00e5ter\u00f6ppning f\u00f6r Asienflyg \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" 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