Airline

Finnair launches €500 million rights issue

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Finnair launches €500 million rights issue

Finnair has launched a €500 million rights issue a month after securing a €600 million state-backed loan. The Finnish carrier’s Asia focussed long haul business model has left it exposed during the COVID-19 pandemic and last month it posted a €91.1 million Q1 loss, off the back of two profit...

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