Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).
Finnair (Finland) is bracing for disruptions following the rejection of a settlement proposal by the airline’s pilots’ union. The proposal, which was submitted by the National Conciliator and accepted by the employer, was aimed at resolving ongoing labor disagreements. However, the union’s refusal has escalated the situation, leading to operational challenges for the airline.
Finnair (Finland) faces significant operational disruption following the announcement of a pilot strike by the airline’s pilots’ union. The strikes, scheduled for 09 and 13 December 2024, have led to the cancellation of approximately 300 flights, affecting thousands of passengers during the busy travel period.
Finnair has released its interim report for Q3 2024, detailing a steady financial performance amid challenging market conditions.
