Last €2.41 EUR
Change Today -0.11 / -4.37%
Volume 118.4K
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As of 11:30 AM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

finnair oyj (FIA1S) Snapshot

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04/30/14 - €3.01
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10/9/14 - €2.30
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finnair oyj (FIA1S) Details

Finnair Oyj provides air transport and supporting services worldwide. The company operates through Airline Business, Aviation Services, and Travel Services segments. The Airline Business segment is involved in provision of scheduled passenger and charter traffic services, as well as cargo sales, customer service and service concepts, flight operations, and aircraft procurement and financing activities. The Aviation Services segment offers aircraft maintenance services. The Travel Services segment operates as a tour operator for leisure travelers; provides travel agency services; and produces travel sector software and solutions. As of March 19, 2014, it operated 43 aircraft in approximately 60 destinations. Finnair Oyj was founded in 1923 and is headquartered in Finnair, Finland.

5,354 Employees
Last Reported Date: 10/31/14
Founded in 1923

finnair oyj (FIA1S) Top Compensated Officers

Chief Executive Officer, President and Member...
Total Annual Compensation: €425.0K
Member of Executive Board and Chief Operating...
Total Annual Compensation: €255.0K
Compensation as of Fiscal Year 2013.

finnair oyj (FIA1S) Key Developments

Finnair Oyj Reports Traffic Results for the Month and Year-To-Date Ended November 2014

Finnair Oyj reported traffic results for the month and year-to-date ended November 2014. For the month, available seat kilometers were 2,313.9 million, revenue passenger kilometers were 1,765.8 million, passenger load factor were 76.3%, cargo was 12,430.8 tonne and passengers were 712,100. For the year-to-date, available seat kilometers were 28,483.8 million, revenue passenger kilometers were 22,918.9 million, passenger load factor were 80.5%, cargo was 137,823.4 tonne and passengers were 8,908,400.

Finnair Orders Another Eight Airbus 350-900

Finnair has added another eight Airbus A350-900 to a previous order from the European aerospace giant, bringing the total to 19 aircraft. The estimated value of the transaction, calculated from catalogue prices, amounts to EUR 1.9 billion ($2.4 billion). Finnair is expected in late 2015 to become the first European carrier to receive the A350-900, which will have a seat capacity of 297 economy and business passengers, according to the manufacturer. The airline will use the A350-900 on its long-haul routes to Asia and North America. The A350, which is expected to start flying in mid-December with Qatar Airways, is Airbus's newest ultra-high capacity aircraft model.

Finnair plc Firms Up Orders for Eight Additional A350 Aircraft

Finnair plc has firmed up the eight Airbus A350 XWB aircraft options in its 2006 A350 order placed with Airbus. The eight A350’s will be delivered to the company starting in 2018. At Airbus list prices, the value of the additional eight A350 aircraft would be approximately EUR 1.9 billion. The firm up of the options increases the total number of company's A350 orders to 19. Finnair’s current long haul fleet consists of seven A340 aircraft and eight A330 aircraft. The long haul fleet is planned to grow, on average, by one new-generation energy-efficient aircraft per year between 2016 and 2020. Based on the current delivery schedule of A350s Finnair will receive the first four aircraft in the second half of 2015, seven A350s between 2016 and 2017, and eight A350s between 2018 and 2023. Finnair plans to phase out its A340 aircraft by the end of 2017, following the successful delivery and entry into service of A350 XWB. As a part of the deal Airbus has also agreed to acquire four A340-300 aircraft currently owned by Finnair in 2016 and 2017.


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