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Finnair To Start To Acquire Company's Own Shares
Finnair Q4 Revenue Falls To EUR 102.0 Million
Finnair Joins Forces With Fintraffic ANS To Lower CO2 Emissions
Finnair Oyj is a Finland-based company active within the airline sector. The Company’s operations are divided into three segments. The Airline Business segment is responsible scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flights operations and activity connected with the procurement and financing of aircraft. The Aviation Services segment comprises aircraft maintenance services, ground handling and the Company’s catering operations as well as real-estate management and facility services for its operational premises. The Travel Services segment consists of the Company’s domestic and foreign travel agency operations, as well as tour operations and the operations of the reservations systems supplier, Amadeus Finland Oy.
HOTT, Tietotie 9
Independent Chairman of the Board
Chief Executive Officer, Member of the Executive Board
Independent Vice Chairman of the Board
Chief Financial Officer, Member of the Executive Board
Senior Vice President, General Counsel, Member of the Executive Board
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Finnish flag carrier Finnair on Thursday reported a third straight quarterly operating loss as the coronavirus pandemic weighed and forecast another quarter in the red as it waits for vaccinations to kickstart a recovery in passenger traffic.
Finland is preparing to support national carrier Finnair with an unsecured hybrid loan of up to 400 million euros ($486 million), the company said on Wednesday.
Finland is preparing to help its national carrier Finnair with an unsecured hybrid loan of up to 400 million euros ($486 million), the company said on Wednesday.
Finnair PLC reported a second consecutive quarterly loss on Wednesday and said the final three months of the year are likely yield a similar result as restrictions curb air travel.
Finnish flag carrier Finnair reported a second consequtive quarterly loss on Wednesday and warned of a similar result in the final quarter because of the COVID-19 pandemic.
Finland's national carrier Finnair <FIA1S.HE> has started selling its business class meals in a supermarket to prevent job cuts at its catering unit due to COVID-19.
Finnair will cut around 700 jobs by March 2021 due to the impact of the corona pandemic, Finland's national carrier said on Tuesday.
Finnair will cut back its October flight program and fly around 70 to 80 flights daily instead of the approximately 200 flights it had planned due to weak demand, the Finnish national carrier said on Wednesday.
Finnish national carrier Finnair <FIA1S.HE> plans to cut up to 1,000 jobs, or about 15% of its workforce, and seek further savings across its operations, joining airlines across the world in making cut backs to cope with the COVID-19 crisis.
Finnair <FIA1S.HE> plans to cut up to 1,000 jobs, about 15% of its workforce, while continuing long-term temporary layoffs for thousands in Finland, it said on Tuesday, citing the impact of the COVID-19 pandemic.
Finnair <FIA1S.HE> plunged to a second-quarter loss as the coronavirus pandemic kept most flights grounded, and said it would make a similar loss this quarter, despite an increasing number of flights.
Finnair plunged to a second-quarter loss as the coronavirus pandemic kept most flights grounded, and said it would make a similar loss this quarter, despite an increasing number of flights.
Finnish flag carrier Finnair said on Monday it would resume flying to mainland China on July 23 when it re-opens its Helsinki-Shanghai route, beginning with a weekly flight, after it received permission from the Chinese authorities.
* A TOTAL OF 1,416,635,293 NEWSHARES ( "OFFER SHARES") WERE SUBSCRIBED FOR IN OFFERING, CORRESPONDING TO APPROXIMATELY 110.7 PER CENT OF OFFER SHARES, AND OFFERING WAS OVERSUBSCRIBED
Finland's Finnair reported on Tuesday a 96% drop in June passenger numbers as the spread of the coronavirus kept most of its flights grounded.
* COVID-19 PANDEMIC IMPACT WAS STILL CLEARLY VISIBLE IN JUNE TRAFFIC FIGURES BUT NUMBER OF PASSENGERS MORE THAN DOUBLED FROM MAY 2020 AND CARGO-ONLY DEMAND REMAINED STRONG
Finnair said on Friday it would raise around 512 million euros ($575 million) from an oversubscribed rights issue, aimed at strengthening its finances to cope with the coronavirus crisis.
* ACCORDING TO PRELIMINARY RESULTS OF OFFERING, A TOTAL OF 1,416,635,293 NEW SHARES ( "OFFER SHARES") WERE SUBSCRIBED FOR IN OFFERING
The European Commission said on Wednesday it had approved Portugal's plan for a rescue loan for Transportes Aereos Portugueses (TAP) and a partial state recapitalisation of Finnair <FIA1S.HE> after both airlines were hit by the COVID-19 pandemic.
* EU COMMISSION SAYS IT HAS APPROVED STATE OF FINLAND'S PLAN TO PARTICIPATE IN FINNAIR RIGHTS OFFERING WITH EUR 286 MILLION Source text for Eikon: Further company coverage: (Reporting by Helsinki Newsroom)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.