Finnair reported a net profit of €11 million ($15.1 million) for 2013, up 5.1% year-over-year. The result was partly due to the company’s April 2013 sale of shares in Norwegian Air Shuttle. Full-year revenue slipped 2% to €2.4 billion. The flag carrier is undergoing heavy cost cutting, which has led to several strikes warnings. Negotiations have largely been successful, but they still heavily impacted the airline’s fourth quarter results. Subsequent talks, however, remain unresolved leaving Finnair with a decision to be made in June 2014 whether to go ahead with layoffs and outsourcing.