Finnair Technical Services has reached a stabilisation agreement by which around 14 million euros of savings in personnel costs will be achieved within the unit by the end of 2010. All of the unit’s 1,600 employees, represented by five different personnel organisations, will participate in the agreement. The agreement is part of a previously announced 100 million euro efficiency programme, of which a savings target of 70 million euros is directed at personnel costs.
Thanks to the stabilization agreement, Finnair Technical Services has been able to agree on the maintenance and modification services for Boeing 757 aircraft of an external customer. The maintenance agreement covers 2009-2012. The stabilisation agreement will improve the competitiveness of Finnair Technical Services, giving us the opportunity to develop our operations and increase the volume of work outside the Finnair Group – profitably and on market terms, says Kimmo Soini, Senior Vice President of Finnair Technical Services.
