Finnair and Flybe to expand cooperation for cost efficient European connections

Finnair and the European regional airline Flybe of UK, announced that the companies plan to extend their cooperation to offer cost efficient European connections for Finnair’s passengers. Last year Finnair and Flybe formed Flybe Nordic AB, of which Flybe owns 60 % and Finnair 40 %. The companies have now signed a Memorandum of Understanding (MoU) according to which Finnair will transfer twelve 100 seat Embraer aircraft, to Flybe. Starting October 2012 Flybe will operate these aircraft on Finnair routes for Finnair. The move is a part of Finnair’s efforts to improve the profitability of its European network, and it offers a platform for growth for Flybe Nordic.