Edition:
United States

Finnair Oyj (FIA1S.HE)

FIA1S.HE on Helsinki Stock Exchange

5.33EUR
24 May 2017
Change (% chg)

€0.13 (+2.50%)
Prev Close
€5.20
Open
€5.20
Day's High
€5.33
Day's Low
€5.20
Volume
46,795
Avg. Vol
93,713
52-wk High
€5.41
52-wk Low
€3.80

Latest Key Developments (Source: Significant Developments)

Finnair overall capacity increases 9.9 pct in April
Tuesday, 9 May 2017 02:27am EDT 

May 9 (Reuters) - FINNAIR OYJ ::IN APRIL, FINNAIR'S OVERALL CAPACITY MEASURED IN AVAILABLE SEAT KILOMETRES INCREASED BY 9.9 PER CENT.PASSENGER LOAD FACTOR INCREASED BY 7.8 PERCENTAGE POINTS TO STAND AT 82.9 PER CENT..TRAFFIC MEASURED IN REVENUE PASSENGER KILOMETRES GREW BY 21.3 PER CENT IN APRIL.  Full Article

Finnair Q1 turnover EUR 554.4 million, slightly below expectations
Friday, 28 Apr 2017 02:00am EDT 

April 28 (Reuters) - FINNAIR OYJ ::Q1 TURNOVER EUR 554.4 MILLION (REUTERS POLL EUR 555 MILLION).FINNAIR OYJ - Q1 AVAILABLE SEAT KILOMETRES (ASK) GREW BY 0.1%..FINNAIR OYJ - OUTLOOK UNCHANGED.FINNAIR OYJ - DEMAND OUTLOOK FOR PASSENGER AND CARGO TRAFFIC IN FINNAIR'S MAIN MARKETS CONTINUES TO INVOLVE UNCERTAINTY.Q1 COMPARABLE OPERATING RESULT WAS -9.0 MILLION EUROS (-15.3).FINNAIR OYJ - ESTIMATES THAT, IN 2017, DUE TO FLEET RENEWAL AND INTRODUCTION OF NEW AIRCRAFT, ITS CAPACITY WILL GROW 8-10 PER CENT.FINNAIR OYJ - REVENUE GREW IN PARTICULAR DUE TO SOLID DEMAND FOR ASIAN AND DOMESTIC FLIGHTS.FINNAIR OYJ - DEMAND FOR TRAVEL TO EUROPE SEEMS TO HAVE STABILISED.FINNAIR OYJ - SALES IN OUR KEY MARKETS OF CHINA AND KOREA INCREASED FROM PREVIOUS YEAR.FINNAIR OYJ - STRIKE ACTIONS BY THIRD PARTIES AT OUR HELSINKI HUB IMPACTED OUR OPERATIONS IN MARCH.  Full Article

Finnair: number of passengers in March up by 3.1%
Monday, 10 Apr 2017 02:36am EDT 

Finnair Oyj : IN MARCH NUMBER OF PASSENGERS GREW 3.1% AND PASSENGER LOAD FACTOR ROSE 1.5 PP YEAR-ON-YEAR .IN MARCH OVERALL CAPACITY MEASURED IN AVAILABLE SEAT KILOMETRES UP BY 2.2% YEAR‐ON‐YEAR, AND TRAFFIC MEASURED IN REVENUE PASSENGER KILOMETRES GREW BY 4.1%.  Full Article

Finnair to temporarily suspend its Miami route for summer 2017
Wednesday, 22 Mar 2017 12:05pm EDT 

Finnair Oyj : Says to temporarily suspend its Miami route for summer 2017, flights resume in October . Is making changes to its traffic program for summer 2017 season, due to operational reasons which relate to temporary shortage of crew and aircraft . Will suspend its flights between Helsinki and Miami between May 4 and Sept. 29 .Will also cancel two of its weekly frequencies on its Helsinki-Chicago route during May.  Full Article

Finnair issues 200 million euro bond
Wednesday, 22 Mar 2017 12:00pm EDT 

Finnair Oyj : Finnair says issues a senior unsecured bond of EUR 200 million . bond matures on 29 March 2022, it bears a fixed annual interest at the rate of 2.250 percent and has an issue price of 99.925 percent .says Finnair's execution of its growth strategy and improvement in financial performance are reflected in pricing of the long-term funding.  Full Article

Finnair announces indicative tender offer results
Wednesday, 22 Mar 2017 03:11am EDT 

Finnair Oyj : Announces indicative tender offer results .At expiration deadline, aggregate principal amount of notes validly tendered by noteholders for purchase was 81,932,000 euros ($88.58 million).  Full Article

Finnair to cancel over 90 flights on Friday due to airport service strike
Wednesday, 15 Mar 2017 02:00pm EDT 

Finnair Oyj : The Finnish state-controlled airline says it will cancel over 90 flights, or one third of its flights on Friday due to an airport service strike . Says cancellations apply to a large share of domestic and European traffic during the strike time, 3 PM and 7 PM Finnish time . Says will also make changes to the departure times of certain flights, so that they can be operated outside the strike hours .Strikes at Helsinki Airport are related to a dispute between the Finnish Aviation Union and the service sector employer union Palta about labour agreements in Airpro Oy[nL5N1GS1W7].  Full Article

Finnair considers issuance of new euro-denominated fixed rate notes
Monday, 13 Mar 2017 05:15am EDT 

Finnair Oyj : Considers issuance of new notes and announces voluntary tender offer of its outstanding notes maturing in 2018 . Considers issuance of new euro-denominated fixed rate notes with expected maturity of five years . Target size of issue is minimum 150 million euros ($160.1 million) .Potential issue is expected to take place in near future subject to market conditions.  Full Article

Finnair to cancel about 100 flights on Friday due to airport service strike
Thursday, 9 Mar 2017 06:15am EST 

Finnair Oyj : The Finnish state-controlled airline says it will cancel about 100 flights, or one third of its flights on Friday due to an airport service strike . says cancellations apply to all domestic traffic, to a large share of European traffic and one long-haul flight during the strike time, 3 PM and 7 PM Finnish time . Strikes at Helsinki Airport are related to a dispute between the Finnish Aviation Union and the service sector employer union Palta about labour agreements in Airpro Oy [nL5N1GL3B3] .Finnair says will make changes to departure times of some flights.  Full Article

Finnair: February passenger load factor up by 3.8 percentage points
Tuesday, 7 Mar 2017 02:07am EST 

Finnair Oyj : February traffic statistics were affected by last year’s leap day, which had a negative impact of some 3.8 per cent on capacity . In February number of passengers increased by 2.4 per cent to 834,000 . Overall capacity measured in Available Seat Kilometres (ASK) down in February 2017 by 2.2 per cent year‐on‐year, while excluding the leap day, it increased by 1.6 per cent .In February passenger load factor increased by 3.8 percentage points to 82.9 per cent.  Full Article

More From Around the Web

BRIEF-Alaska Airlines, Finnair announce frequent flyer partnership

* Alaska Airlines- Alaska Airlines, Finnair announce frequent flyer partnership;frequent flyers earn miles/points as Finnair starts San Francisco-Helsinki service June 1 Source text for Eikon: Further company coverage: