Transportation
Finnair Warns Middle East War Poses Risks to Fuel Supply
Finnair said it hedges fuel purchases over two years, with relatively high rates for the short term.
Photographer: Krisztian Bocsi/BloombergFinland flag carrier Finnair Oyj warned that a prolonged war in the Middle East poses risks to the availability of jet fuel.
The airline is closely monitoring the situation, which remains stable at its home airport Helsinki-Vantaa, the company said in a statement Wednesday. Finnair is “preparing for different scenarios,” Chief Executive Officer Turkka Kuusisto said as the airline reported first-quarter sales in line with analyst estimates.