Finnair increases its profit outlook, expects to exceed 2019 total of €162.8 million

Finnair has increased its profit outlook for the full-year 2023 citing strong travel demand, fuel pricing and the success of its strategic adjustments following the closure of Russian airspace. Finnair believes that its full-year operating profit for 2023 will reach or possibly exceed its 2019 total of €162.8 million. The airline’s previous estimate, published in late April, projected a significant increase in revenue and profit year-on-year, but figures still fell short of 2019. “Finnair raises its guidance for comparable operating result for the full year 2023, as it expects the travel demand to continue stronger than previously anticipated, fuel price