Despite analysts’ negative responses to Finnair’s second quarter results, the national airline of one of Europe’s smaller airlines should be giving its 55.8% government shareholder a fairly comfortable feeling at present. With a young short haul fleet and a potentially bullet-proof Asian-focussed network, Finnair shares some of the positive attributes of the Gulf airlines, including a very strategically positioned home base. Its low cost profile also offers a good platform for profitable growth.
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