DAT (Denmark) is expanding its cooperation with Finnair (Finland) through the extension of a wet lease agreement, which now includes the addition of another Airbus A320 aircraft. From 01 June to 25 October 2025, the new aircraft will operate flights out of Barcelona, supporting both Finnair and Iberia (Spain) operations during the peak summer season.
Finnair, the national carrier of Finland, has announced the appointment of Pia Aaltonen-Forsell as its new Chief Financial Officer (CFO) and member of the Executive Board, effective August 1, 2025. Aaltonen-Forsell brings with her an extensive background in finance, leadership, and corporate governance, which is expected to contribute to Finnair’s post-pandemic recovery and growth strategy.
Finnair reported a modest revenue increase of 1.9% in the first quarter of 2025, reaching US$789.8 million, but still closed the quarter with an operating loss of US$60.7 million. The results reflect seasonal pressures combined with ongoing efforts to rebuild profitability following a period of prolonged headwinds.
Finnair has announced plans to furlough 36 pilots operating its long-haul flights as a result of changes in its wetlease operations for a partner airline. The furloughs are scheduled to commence by the end of September 2025 and are expected to continue at least until May 2026, reflecting a significant operational adjustment for the Finnish carrier.
EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Finnair has announced its financial results for Q4 2024, reporting a 7.7% increase in revenue to $812.1 million. Despite the revenue growth, the company posted a net loss of $8.7 million for the quarter.
Finnair (Finland) and American Airlines (US) have announced the launch of a codeshare agreement starting in January 2025, enabling seamless travel to 12 Mexican destinations via Dallas-Fort Worth (DFW). This partnership marks a significant enhancement in connectivity for Finnair’s European passengers, expanding their access to popular destinations in Mexico.
Finnair (Finland) reported a 5.6% increase in passenger numbers for December 2024, transporting a total of 927,000 passengers. The airline also saw its Revenue Passenger Kilometers (RPKs) rise by 6.7%, while Available Seat Kilometers (ASKs) decreased by 2.2%. Notably, the Passenger Load Factor (PLF) improved by 6.5 points, reaching 77.4%.
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.
