In March 2021, Finnair and the State of Finland inked an agreement for a hybrid loan, totalling a maximum of €400 million, to provide vital support amidst the challenges posed by the COVID-19 pandemic. Fast forward to April 2022, the hybrid loan underwent a transformation into a capital loan, classified as an equity instrument and […]
Finnair repays €400 million capital loan to the State of Finland Read More »
Finnair will renew the cabins of its Embraer aircraft in the coming years to give the Embraer fleet a fresh and inviting interior with familiar elements from the previously re-designed Finnair long-haul aircraft cabins. “We want to improve travel comfort and provide our customers with a high-quality travel experience across our route network”, says Ole
Finnair to update Embraer fleet with new interior Read More »
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
Finnair to hold EGM to approve €600 million share offering Read More »
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
Finnair reports strong second quarter, raises guidance Read More »
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
Finnair raises guidance for full year 2023 Read More »
Finnair reported that Christer Haglund has been appointed Group SVP for Public Affairs and Corporate Communications and member of Finnair Plc
Appointments in Finnair corporate communications Read More »
Finnair Technical Services and Russia-based Aeroflot Cargo have signed an agreement covering maintenance services for Boeing MD-11 cargo aircraft until 2016. The service agreement covers airframe, engine and component overhaul and maintenance. The first maintenance under the contract will be completed at the beginning of 2008. The value of the agreement is estimated at over
Finnair Technical Services and Aeroflot Cargo sign maintenance contract Read More »
