Finnish flag carrier Finnair said its full-year profit increased threefold to 170 million euros last year as more passengers took advantage of its expanded route network and new fleet.
Finland’s national carrier Finnair reported on Friday that its earnings grew threefold in 2017, as the company benefited from one million more passengers choosing its blue-and-white wings last year.
The company’s full-year operating profit increased to 170 million euros last year from 55 million euros in 2016. Meanwhile, revenues grew 11 percent to 2.57 billion euros.
Finnair said its results were helped by an expanded route network to long-haul destinations, including Havana and Goa, as well as increased connections to Lapland. As a consequence, the number of passengers grew by 1 million to 12 million last year. The company also finished the first phase of renewing its fleet with Airbus A-350s.