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HELSINKI, Jan 17 (Reuters) - Finnair will post a profit for 2004 thanks to a change in pension regulations which cut costs by over 20 million euros ($26.21 million), the Finnish national carrier said on Monday.
Finnair, which is due to release its 2004 results on Feb. 17, hadpreviously forecast a full-year loss.
The airline's share price was 2.9 percent higher at 5.74 euros by 1230 GMT.
"A regulation reform at the Finnair Pension Fund will result in a smaller change in pension liability for 2004 than expected," the group said in a statement.
REUTERS
Finnair, which is due to release its 2004 results on Feb. 17, hadpreviously forecast a full-year loss.
The airline's share price was 2.9 percent higher at 5.74 euros by 1230 GMT.
"A regulation reform at the Finnair Pension Fund will result in a smaller change in pension liability for 2004 than expected," the group said in a statement.
REUTERS