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Finnair’s Q4 top line and profitability came in above estimates as ticket pricing pressure already eased a bit. Finnair’s costs were largely as we estimated and so the EUR 48m comparable EBIT was almost EUR 13m higher than we expected. Finnair already guides FY’25 financial results, however the EBIT range remains wide at this point. There are some cost pressures, but in our view Finnair has a decent chance of achieving improving profitability this year as it plans to grow capacity on its North Atlantic routes.
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