Posts Tagged ‘Finnair’
Finnair Hit By Weaker Yen, Cuts Outlook
Finnish flag carrier Finnair reported a weaker second-quarter profit and cut its full-year sales outlook due to a weaker Japanese yen, raising fears the company’s nascent turnaround may be losing momentum. Finnair ...
Finland Should Cut Its Finnair Stake
Finland should cut its controlling stake in Finnair to free up the airline to form the partnerships it needs to stand up to competition from low-cost carriers, a minister said. Heidi Hautala, minister responsible for sta...
Finnair Seals Flybe Deal On European Routes
Struggling Finnish carrier Finnair said on Friday that British low-cost airline Flybe would start to operate one-third of its European routes from October 28. The companies announced in May the plan that means Flybe will...
Finnair Looks To Offload More European Routes
Finland’s struggling airline Finnair is still trying to find other airlines to partner with on its less profitable European routes, its chief executive was quoted as saying on Friday. Part of the oneworld global al...
Finnair May Look To Airline Alliance
Finland’s national carrier Finnair, mired in years of losses, could become a part of a bigger alliance or entity, its chief executive was quoted as saying. “We have been going through a survival struggle,R...
Russia Turns Down Extra Overflights
Russia has turned down requests from Lufthansa Cargo and Finnair for additional overflights, the airlines said on Friday, though the reason for the refusal was not immediately clear. Airlines routinely have to neg...