Finnair revenues increase in first quarter

Finnair Group revenues increased by 5% to €672.9 million in the first quarter 2019, despite profits being undercut by higher costs due to increased capacity and pricier fuel. Meanwhile, the group showed a operating losses of €16.2 million outweighing its profit of €14.6 million in the same period of last year. Global airline traffic is expected to continue growing in 2019. Finnair expects increased competition as capacity is added, particularly on routes linking Europe with Asia as well as in short-haul traffic. The slowdown in the economy of Finnair’s key markets and the continued uncertainties surrounding global trade, including from