Finnair

Finnair invites volunteers for passenger weight data update

Finnair has introduced a unique approach to estimating cargo weight by inviting passengers to voluntarily participate in weigh-ins at Helsinki airport departure gates. The initiative, initiated on Monday, February 5, seeks to enhance the airline’s ability to calculate the weight of its planes before take-off. To Finnair’s surprise, 600 volunteers had already taken part by

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Finnair Airbus A350

Finnair reports strong December 2023 passenger numbers

In December 2023 Finnair carried 878,200 passengers, which was 5.4% more than in December 2022 and 8.2% more than in November 2023. The overall capacity, measured in Available Seat Kilometres (ASK), increased in December by 7.8% year-on-year and by 8.5% month-on-month. Finnair’s traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 5.1% year-on-year and by

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Finnair

Finnair acquires six previously leased aircraft, repays parts of pension loan

In November 2023 Finnair executed a rights issue of €570 million. Thanks to the strengthened balance sheet and cash funds resulting from the rights issue, Finnair has now purchased six previously leased A321 aircraft from BOC Aviation. Finnair will spend in excess of €200 million on the transaction and its positive impact on both profit

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Finnair

Finnair to hold EGM to approve €600 million share offering

Finnair has unveiled its plans to convene an Extraordinary General Meeting (EGM) with the purpose of seeking authorisation from its shareholders for a significant share issuance (the offering). This capital raising initiative aims to generate gross proceeds of up to €600 million and will include pre-emptive subscription rights for the company’s existing shareholders. The successful

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Finnair

Finnair reports strong second quarter, raises guidance

Finnair has reported a strong second quarter, carrying 2.8 million customers and a passenger load factor of 76%, ending the quarter with an operating profit of €66.2 million. The strong quarter was driven by continued strong travel demand and successful implementation of Finnair’s strategy. The company captured demand with its balanced network and was successful

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Finnair updates its profit guidance for 2023

Finnair raises guidance for full year 2023

Finnair has raised its guidance for comparable operating result for the full-year 2023. This is partly as it expects travel demand to continue stronger than previously anticipated, while fuel price development has been more favourable than expected and the company’s strategy implementation has progressed better than anticipated. Contrary to the previous guidance, the company estimates that the

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