Finnair and Shanghai-based Juneyao Airlines have signed a Letter of Intent to deepen their cooperation between China and Europe, subject to required regulatory approvals.
The aim is to establish a joint venture on the Helsinki – Shanghai route enabling Finnair and Juneyao Air to offer their corporate and leisure customers a seamless travel experience through a wider choice of destination, schedules and fare options via their main hubs, Helsinki Airport (HEL) and Pudong International Airport (PVG).
“Despite these immensely challenging times for our industry, we at Finnair remain steadfast in our belief and commitment to China as a key market and to Juneyao Air as a key partner. Over the last year we have built up a close and mutually beneficial partnership with Juneyao Air. Taking the important step to evolve this into a deeper cooperation focused on our Shanghai and Helsinki hubs will allow us to not only serve our current customers even better, but also to lay a platform for further growth in the future, once the aviation market starts to normalize”, said Ole Orver, Chief Commercial Officer at Finnair.