All Finnair articles – Page 2
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News
Finnair seeks to rebalance network as airspace closures impede recovery
Finnair is having to cope with contrasting scenarios on its route network, with European, US and southern Asian routes showing evidence of normalisation, while the carrier is facing travel restrictions in northern Asia and the effects of closed Russian airspace. As a result of this situation, and the rising fuel ...
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Finnair suspends some Japan services through winter 2022 amid Russia airspace block
Finnair’s winter 2022 flight schedule reflects expectations that the block on EU-based carriers overlying Russia could endure for some time, as it continues to suspend services to several destinations in Japan.
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Finnair applies to fly US routes for Eurowings
Finland’s flag carrier Finnair has applied to the US Department of Transportation (DOT) for authority to fly routes to the USA for Lufthansa Group’s low-cost Eurowings Discover subsidiary.
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How Russian airspace restrictions are adding hours to some Europe-Asia flights
Recently introduced airspace restrictions are adding up to seven hours to round-trip flight times between Europe and Asia, according to analysis of Flightradar24 data by Eurocontrol.
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SAS recruits ex-Finnair finance chief
Scandinavian operator SAS has named Erno Hilden, formerly with Finnair, as the company’s new chief financial officer. He will succeed Magnus Ornberg who is stepping down from the position this spring. Hilden had served as chief financial officer of Finnair until 2015, and had also been the airline’s chief operating ...
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Finnair revisits polar routes to maintain Asian destinations
Finnair’s strategy for maintaining its Asian network includes resorting to polar routes to reach destinations previously accessible via Russian airspace. The carrier is operating over the North Pole to serve Tokyo Narita, with a route that skirts Russia’s eastern region by flying across the Bering Sea, just west of Alaska, ...
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Russian airspace crisis prompts Finnair to open talks on bringing back furloughs
Oneworld carrier Finnair is to hold talks with unions over the possibility of furloughing flightcrew for up to 90 days in response to the disruption caused by the closure of Russian airspace.
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Finnair faces significant Asian network impact from airspace closures
Finnair is working on cost-saving and traffic contingency plans, as it warns of potential significant financial impact from closure of Russian airspace to its flights. Russian overflights are important to European operators serving routes to the Asia-Pacific region, and Finnair has a strong dependency on Asian routes, having followed a ...
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Finnair uncertain over timeframe for re-opening of Chinese markets
Finnair expects to be closer to a normal operating environment by next summer, but the delayed opening of its Asian network means Hong Kong and other Chinese routes will lag. Chief executive Topi Manner says the second half of 2021 proved there is “great pent-up demand” for travel, and that ...
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Finnair unveils ‘lounge seat’ business cabin and new premium-economy product
Finnair has unveiled new business-class and premium-economy cabins to be rolled out on the carrier’s Airbus A350 and A330 long-haul fleets. The airline says it is investing €200 million in the revamp which commences this month and will continue for the next two years. Finnair will also take the opportunity ...
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Finnair delays Dallas launch as staff sick leave forces February flying cuts
Finnair is cutting its February 2022 flying programme in response to increased sick leave among its employees and those of its partners, with the launch of services to Dallas and the return of Nagoya flights both pushed back as a result.
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Finnair to open new US route in mid-2022
Oneworld alliance carrier Finnair is to open a new US gateway by operating services to Seattle from next year. The airline is to fly from its Helsinki base three-times weekly with the transatlantic route commencing on 1 June. Finnair says it will use Airbus A330s for the Seattle service. The ...
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Finnair focuses on Japan in 2022 schedule as China uncertainty continues
Finnair has added Tokyo Haneda to its schedules for summer 2022, as it focuses on serving Japan amid uncertainties over the reopening of China to non-essential travel.
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Finnair recovery held up by lag in crucial Asian markets
Finnair has generated its first positive operating cash-flow for almost two years, with a surplus of €27 million ($31 million) during the third quarter, and expects the figure to stay positive in the fourth. But comparable operating losses in the fourth quarter will remain at “a similar magnitude” to the ...
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Finnair executes largest sale-and-leaseback covering four A350s
Finnair has raised more than $400 million in cash from a sale-and-leaseback covering four previously-delivered Airbus A350-900s, its largest single aircraft-financing transaction. The aircraft are being sold to lessors GECAS and Pacific Investment Management. Finnair will lease back the Rolls-Royce Trent XWB-powered twinjets for an average of 12 years, it ...
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Finnair predicts positive monthly cash-flow by year-end as it lifts savings target
Finnair has again raised the target for its permanent cost-base reduction, intending to reach a savings figure of €200 million ($237 million) from 2022 compared with 2019 levels. This is the fourth time Finnair has raised the target since it put forward original planned savings of €80 million just ...
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Finnair steps into long-haul leisure routes from Stockholm
Oneworld alliance carrier Finnair is to branch into long-haul operations from the Swedish capital Stockholm, operating to destinations in the USA and Thailand. The airline will operate Airbus A350-900s on the services to Miami, Bangkok and Phuket during the winter season. It is stepping into the main base ...
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Finnair and China’s Juneyao Air seal joint-venture agreement
Finnair and Juneyao Air have signed a joint-venture agreement that deepens the carriers’ commercial relationship on services between Finland and China.
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Airline ‘nightmare’ could be nearing end: IAG chief
The chief executive of British Airways and Iberia parent IAG believes the next few months are likely to see the beginnings of a recovery in air travel demand.
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Finnair reviewing timeframe for single-aisle modernisation
Finnair intends to adopt temporary measures to manage its single-aisle fleet after putting narrowbody modernisation plans on hold while the pandemic crisis persists. Prior to the pandemic the airline had been discussing particularly the introduction of Airbus A320neos or “similar aircraft” from other suppliers, said chief executive Topi Manner ...