Finnair aims to cut costs by almost 80 million euros

(Reuters) - Finnair aims to lower its annual costs by almost 80 million euros (71.5 million pounds) from 2022 through cuts across its cost base and widespread temporary lay-offs, the Finnish flag carrier said on Wednesday.Finnair, which plans to raise 500 million euros through a rights issue larger than its market value later this quarter, said the cuts would include costs related to real estate, aircraft leasing, pay structures, sales and distribution, as well as IT and administration.The..