All Finnair articles – Page 4
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NewsHow 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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NewsSAS 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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NewsFinnair 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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NewsRussian 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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NewsFinnair 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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NewsFinnair 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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NewsFinnair 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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NewsFinnair 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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NewsFinnair 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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NewsFinnair 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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NewsFinnair 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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NewsFinnair 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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NewsFinnair 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 over ...
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NewsFinnair 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 of SAS ...
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NewsFinnair 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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NewsAirline ‘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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NewsFinnair 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 during ...
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NewsFinnair hikes cost-base reduction target for a third time
Finnair is raising a permanent cost-savings target a third time, to €170 million ($205 million), more than double the original figure unveiled last year. The company had stated in May 2020 that it was aiming for €80 million in cost-base reductions from 2022, compared with 2019 levels. Over the next ...
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NewsFinnair restart to be focused on leisure routes
Finnair plans to increase capacity to a host of European holiday destinations and key US markets as it envisages rebounding summer traffic following a successful vaccine rollout.
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NewsFinnair signals interest in up to 20 of Heart’s ES-19 electric aircraft
Finnair has signed a letter of interest through which it could acquire up to 20 electric-powered regional aircraft under development by Heart Aerospace. The 19-seat aircraft project, the ES-19, was unveiled by the Swedish-based manufacturer in 2019. Heart Aerospace is aiming to put the aircraft into commercial service in 2026. ...