Finnair loses €20.7 million in third quarter, sees tough times ahead

A “steep fall” in fares and weak domestic demand helped sink Finnair to a €20.7 million ($30.6 million) third-quarter loss, widened 16.3% from a €17.8 million deficit in the year-ago period, and left the carrier admitting it “still has a long way to go before its corporate structures and the operating conditions they create are sustainably competitive.”