All Finnair articles
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NewsFinnair shows off revamped E190 cabin interiors
Finnair has shown off a cabin revamp on its Embraer 190s, which the Nordic carrier uses for regional European services.
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NewsFinnair bets on sustainable fuel progress but pushes back carbon-neutrality target date
Finnair has pushed back its long-term target for achieving carbon neutrality, fixing the timeline at 2050 rather than its previous ambition of 2045. The carrier disclosed the shift as it revealed that short-term plans to decarbonise its operations had secured validation, with formal acceptance of a science-based target to reduce ...
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NewsFinnair to re-introduce A330s deployed under Qatar Airways co-operation
Finnair intends to re-introduce a pair of redeployed Airbus A330s to its own network when a Qatar Airways co-operation agreement ends early next year.
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NewsFinnair maintains full-year outlook despite lower third-quarter performance
Finnair is maintaining its forecast for full-year profit, despite a lower third-quarter performance as the post-pandemic traffic surge eased. The carrier has reiterated its revenue outlook of €3-3.2 billion ($3.2-3.4 billion) and has narrowed its comparable earnings range to €120-170 million. It is also sticking with plans to achieve an ...
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NewsFinnair reports ‘normalisation’ of demand as quarterly profits drop
Finnair saw post-Covid pent-up demand largely dissipate during the second quarter of this year, hurting its profitability as unit revenues declined.
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NewsCourt rules ‘hidden’ defect in newly-introduced A350 relieved Finnair of compensation obligation
Finnair has successfully argued, in a long-running legal case, that it does not have to pay compensation over a flight cancelled after a previously-unknown technical fault was discovered in one of the carrier’s then-new Airbus A350s. The case centred on cancellation of a Helsinki-Bangkok flight on 25 March 2016, after ...
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NewsFinnair to restore Tartu service after GPS alternative implemented in Estonian airspace
Finnair is preparing to restore services to the Estonian city of Tartu, following a reinforcement of ground navigation equipment that will serve as an alternative to GPS. The carrier had suspended the route from Helsinki on 29 April after incidents in which ATRs – operated by its regional partner carrier ...
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NewsEstonian authority seeks alternative to GPS navigation as Finnair suspends Tartu flights
Estonia’s air traffic control service is looking to reinforce its navigation systems to offer an alternative to GPS owing to recent jamming of the signal.
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NewsFinnair scales back full-year guidance after strike-hit first quarter loss
Finnair has slightly scaled back its full-year revenue and capacity expectations for 2024 after posting a first-quarter comparable operating loss of €11.6 million ($12.4 million) for the first three months of the year.
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Airline BusinessFinnair ‘has made it through the crisis’ after capping profit return with strong end to 2023
Finnair’s interim chief executive Jaakko Schildt believes the company has demonstrated that it has made it through the double crisis of the pandemic and impact from the closure Russian airspace after confirming the airline’s first full-year profit since 2019.
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NewsFinnair names postal service leader as new chief executive
Finnair has named postal company head Turkka Kuusisto as the carrier’s new chief executive, succeeding Topi Manner. Manner is set to leave the carrier on 15 January. Kuusisto has led the state-owned Posti Group since 2020, having previously held a number of senior positions in the company. His career has ...
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NewsFinnair uses rights-issue funds to acquire previously-leased A321s
Finnair has used proceeds from its recent rights issue to purchase six Airbus A321s from lessor BOC Aviation. The airline says the twinjets were previously on lease. It states that the transaction amounts to over €200 million ($219 million) and will generate a positive annual impact of €20 million on ...
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NewsFinnair repays government’s €400m loan following share issue
Finnair has confirmed repayment of a capital loan, with interest, to the Finnish government following a new share issue. The carrier drew down the loan of €400 million ($437 million) last year. Its share issue, conducted in November this year, raised gross proceeds of €570 million. Finnair says the government ...
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NewsFinnair obtains €570m, including loan offset, from new share issue
Finnair has revealed that its rights issue – which was slightly oversubscribed – has raised just over €570 million ($620 million) in gross proceeds, including a €318 million commitment from the Finnish government. Net proceeds from the issue are around €558 million. The carrier had disclosed plans for a new ...
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NewsFinnair to modernise Embraer cabin interiors as short-haul activity rises
Finnair is to revamp the interiors of its Embraer 190 fleet from next year, as the carrier highlights the growth potential in its short-haul operations. The carrier will introduce new seats, curtains and other features to the E190s of which it has 12, all operated on its behalf by Nordic ...
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NewsFinnair outlines full-year profit expectations after positive third quarter
Finnair Group has refined its full-year profit expectations, predicting a comparable operating result of €160-200 million ($170-212 million), and estimates that revenues will reach €2.9-3.1 billion. The upper threshold of the revenue prediction is around the pre-crisis figure recorded in 2019, although Finnair had previously doubted that this year’s revenues ...
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NewsOlder aircraft could be candidates as Finnair ponders eventual narrowbody renewal
Finnair is content with its current fleet structure but indicates that it is more likely to lean towards older engine technology for updating its narrowbodies given the long delivery lead times and recent technical snags with new powerplants.
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NewsFinnair to cut debt costs and reinforce finances with €600m share issue
Finnair is intending to reinforce its financial position with a share issue aimed at raising €600 million ($632 million) during the fourth quarter of this year. The airline says the Finnish government, its main shareholder, is supporting the rights issue, along with other interested parties. Finnair says it will use ...
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NewsUK competition regulator re-energises inquiry into IAG and Oneworld transatlantic pact
UK competition regulators are to re-energise the long-running probe into the IAG and Oneworld transatlantic joint business arrangement, as the air transport sector continues to recover. The Competition and Markets Authority had effectively put its investigation on hold, with interim remedies in place, as the Covid-19 pandemic disrupted airline operations. ...
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Airline BusinessHow humility and trust helped Topi Manner lead Finnair out of a double-crisis
When Finnair chief executive Topi Manner makes his recently announced departure from the Oneworld carrier by March 2024, he will step away from the airline industry with a whole new appreciation of crisis management and business transformation.