Runway renovations and weather conditions impact Finnair’s second quarter results

Finnair reported its second quarter results with an operating result of €42.5 million, compared to €65.8 million in the same period last year. Its earnings per share was €0.09 for the quarter. “Runway renovation at Helsinki Airport in April-June impacted negatively our on-time performance and increases costs in the form of re-routing customers to their connecting flights,” said the carrier’s CEO Turkka Kuusisto. He added: “On-time performance was also affected by challenging weather conditions that delayed flights and increased our costs.” The carrier’s unit cost (CASK) was flat at 7.37 cents in the quarter compared to last year’s 7.41 cents.