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Provider: Wright Reports
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Finnair Oyj's Subsidiaries Finland Travel Bureau and Area Plan to Merge; Company Starts Employee Consultations

Friday, 25 Oct 2013 03:00am EDT 

Finnair Oyj announced that its subsidiaries Finland Travel Bureau and Area have signed a Memorandum of Understanding that, if realized, would merge the two companies into a Finnish business travel agency. The aim of the plan is to improve the possibilities to offer Finnish companies and organizations services tailored to business travellers’ needs both within the region and internationally. If implemented, the plan would see Kirsi Paakkari, Managing Director of Finland Travel Bureau, become the Managing Director of the merged company. The merging is planned for December 2013. During the planning phase, customer service and customer relationship management operations will remain unchanged. The aim of merging the two travel agencies is to achieve volume synergies and reductions in costs by eliminating overlapping functions. For this reason, employee consultations will be initiated at Finland Travel Bureau and Area regarding the plans. 

Company Quote

-0.02 -0.84%
8:03am EDT