Finnair Oyj Reiterates Operating and Earnings Guidance for the Full Year 2023
October 24, 2023 at 02:00 am EDT
Finnair Oyj reiterated operating and Production Guidance for the full year 2023. The company, reiterated its capacity guidance estimating that in 2023, it will operate an average capacity of 80% to 85%, as measured in ASKs, compared to 2019. The capacity estimate also includes the agreed wet leases. The Company specified its previous guidance for full-year 2023 revenue and now estimates it to be in the range of EUR 2.9 billion to EUR 3.1 billion.
The company also specified its previous guidance for full-year 2023 comparable operating result and now estimates it to be in the range of EUR 160 million - EUR 200 million. The company's comparable operating result estimate is based on the current fuel price and exchange rates.