Finnair slashes 90% of flight capacity in latest profits warning 

Finnair will cut approximately 90 per cent of its normal capacity, compared to 2019, starting from the beginning of April 2020, the company revealed as it published its second profit warning of 2020. In a statement accompanying the warning the firm said that this reduction would stay in place, “until the situation improves. This will result in a substantial comparable operating loss in the 2020 financial year.” Finnair’s first profit warning was published on 28 February, when it said that its comparable operating result in Q1 2020 was expected to be lower compared to Q1 2019, and it withdrew its capacity