+3.3pt vLY
Millions of EUR, as reported · calendar-normalized quarters
Operating profit ÷ revenue, computed from reported figures
Revenue vs cost per available seat-km (EUR cents) — the gap is unit profitability
| Period | Revenue | Op. profit | Load factor | ASK | Net result | Load factor |
|---|---|---|---|---|---|---|
| Q2 2026 | ||||||
| Q1 2026 | ||||||
| Q4 2025 | ||||||
| Q3 2025 |
Finnair raised full-year 2026 guidance: revenue now EUR 3.4-3.5bn (from 3.3-3.4bn), comparable operating result EUR 120-190m.
“Finnair estimates its revenue to be 3.4-3.5 billion euros and comparable operating result to be 120-190 million euros in 2026.”
Record-high quarterly comparable operating result of EUR 78.4m, driven by strong demand and higher unit revenues.
82% of Q2 fuel purchases were hedged, with the Q3 hedging ratio at 81%.
“During the second quarter, 82 % of our fuel purchases were hedged, and the hedging ratio for the third quarter is also high at 81 %.”
Middle East airspace disruption cut Europe-Asia transfer capacity, lifting load factors and yields; Asian traffic led by Japan.
Prior-year comparison quarter was hit by industrial action (~EUR 29m on comparable operating result, ~EUR 41m on revenue), inflating reported growth.
| Q2 2025 |
| Q1 2025 |
| Q4 2024 |
| Q3 2024 |
| Q2 2024 |
Finnair decided to resume Turku and Tampere flights, is preparing to introduce Embraer E195-E2s and signed an LOI to lease six A320ceo aircraft.
Management flagged weaker second-half visibility due to Middle East geopolitics, fuel price volatility and market normalisation.
SAF usage reached 1.7% of fuel in Q2 2026 (1.3% a year earlier), 4,789 tonnes.
Finnair