Category Archives: Finnair

Finnair retires its last Airbus A340-300

Finnair Airbus A340-313 OH-LQE (msn 938) (Oneworld) BRU (Rainer Bexten). Image: 932726.

Finnair operated its last Airbus A340-300 revenue flight on January 31, 2017 with the pictured OH-LQE. The airliner flew the last flight between Tokyo (Narita) and its Helsinki base. The airline issued this short statement:

End of an era: Last commercial Airbus A340 flight in Finnair livery was flown on January 31 TYO-HEL by OH-LQE. Thank you for 11 amazing years!

Copyright Photo: Finnair Airbus A340-313 OH-LQE (msn 938) (Oneworld) BRU (Rainer Bexten). Image: 932726.

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Finnair to lease four Airbus A321s, updates its fleet plans, E170s to be retired

Finnair Airbus A321-231 WL OH-LZL (msn 6083) (Sharklets) PMI (Javier Rodriguez). Image: 922730.

Finnair (Helsinki) has entered into a Memorandum of Understanding (MOU) with BOC Aviation Pte Ltd (Singapore) to lease four new Airbus A321-200 narrow-body aircraft.

BOC Aviation is a subsidiary of Bank of China, specializing in aircraft leasing. The aircraft are scheduled for delivery to Finnair during the first half of 2017. The lease agreements have a minimum term of eight years.

The airline continued;

In November, Finnair had announced the temporary damp-lease of two A321 aircraft from summer 2016 onwards. This arrangement is intended to cover the transitional period until the delivery of the four A321 aircraft now dry-leased from BOC Aviation for the longer term.

The transactions are part of Finnair’s fleet renewal, the first phase of which consists of replacing aging long-haul A340 wide-body aircraft with modern A350s. With a view to the growing long-haul traffic, feeder capacity is increased by adding seats to existing narrowbody aircraft and replacing some smaller aircraft with larger ones over the next few years. The A321 is Airbus’ largest narrow-body passenger aircraft, and the Finnair configuration will feature 209 seats.

The sale of four surplus aircraft

In the same context, Finnair sells surplus aircraft in accordance with its fleet plan to various buyers. The agreements or MOUs concern one ATR turboprop aircraft used in regional traffic, and two Embraer E170 regional jet aircraft, which will be retired from Finnair and Norra’s traffic in January-February 2016 and subsequently delivered to the buyers.

In addition, Finnair will sell an old A340 wide-body aircraft for part-out in the first half of 2016.

The sale transactions do not have a significant impact on profit and loss.

Copyright Photo: Javier Rodriguez/AirlinersGallery.com. Airbus A321-231 OH-LZL (msn 6083) lands at Palma de Mallorca.

 

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Finnair sells and leases back two Airbus A350-900s with GECAS

First Airbus A350 in Oneworld livery

Finnair (Helsinki) has entered into a memorandum of understanding (MOU) with GE Capital Aviation Services Limited (GECAS), on the sale and leaseback of two Airbus A350-900 aircraft. The financing will cover Finnair’s 6th and 7th A350 deliveries, which are currently scheduled to enter the Finnair fleet in July 2016 and February 2017, respectively. The value of the transaction at present foreign exchange rates is approximately 265 million euro. The lease period is 12 years, and it includes extension options.

Finnair has ordered a total of 19 new A350-900 XWB aircraft in the fleet or on order. Finnair took delivery of its first A350 aircraft (OH-LWA) on October 7, 2015 and the second (OH-LWB, above) on December 14, 2015. According to the currently anticipated delivery schedule, Finnair will have five A350-900 aircraft at the beginning of the second quarter of 2016, seven by the end of 2016, 11 by the end of 2017, and 19 by the end of 2023.

Disclosures on financing arrangements for the A350 aircraft will be made as those agreements are finalized. Finnair’s fleet consists of both owned and leased aircraft.

Copyright Photo: Eurospot/AirlinersGallery.com. The second Finnair Airbus A350-941 (OH-LWB, msn 019) is also the first A350 to appear in the oneworld special livery.

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Finnair to add additional seats to its Airbus narrow body fleet

Finnair Airbus A320-214 OH-LXB (msn 1470) LHR. Image: 928937.

Finnair (Helsinki) has announced this plan to add extra seats to its Airbus narrow body fleet:

Finnair logo

Due to a growing need for feeder traffic capacity, Finnair has decided to improve the space efficiency of its current Airbus narrow-body fleet, operating mainly on its European routes. According to the plan, seats will be added to the aircraft primarily without changing the leg space available to the passenger, so as to preserve travel comfort. Space efficiency will be improved by modifying storage and technical space at the front and rear of the aircraft.

The value of the investment is approximately EUR 40 million, and it includes 22 narrow-body Airbus aircraft in Finnair’s fleet. The cabin layout change excludes five A321ER aircraft, which are already configured according to the plan, having 209 seats. The cabin reconfiguration is estimated to take two weeks per aircraft during 2017. The reconfiguration adds 6 to 13 seats depending on the aircraft type, increasing the passenger capacity of Finnair’s Airbus narrow-body fleet as measured by available seat kilometers by close to 4 percent.

Finnair has previously stated it needs more European feeder traffic capacity with a view to the growth of its long-haul capacity. The additional capacity will be acquired mainly by increasing the average size of its narrow-body aircraft over the next few years.

Copyright Photo: AirlinersGallery.com. Airbus A320-214 OH-LXB (msn 1470) taxies at London (Heathrow).

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Finnair to recruit 100 pilots and 300 cabin crew members

Finnair Airbus A321-231 WL OH-LZI (msn 5922) (Sharklets) LHR. Image: 927076.

Finnair (Helsinki) has announced it will add more pilots and cabin staff. The company issued this statement:

Finnair logo

Finnair prepares for growth in its long-haul traffic starting in 2016 and begins the biggest recruitment drive in the company’s history. In addition to the approximately 70 pilots and 130 cabin attendants recruited this year, the company is seeking to recruit 100 new pilots and 300 new cabin crew members. Some 50 people are also hired to perform customer service tasks and other functions during the spring.

In October, Finnair took delivery of its first Airbus A350-900 aircraft and altogether 19 have been ordered. The new wide-body aircraft are the engine of Finnair’s growth and add capacity to its long-haul traffic from spring 2016 onwards. Increasing capacity also increases the need for personnel. Earlier this year, Finnair stated that growth translates to approximately 1000 new jobs by 2020.

 

Recruitment of the flying personnel starts on December 4, 2015. After the selections have been made, the trainings and employment for the different employee groups will begin in phases from spring 2016 onwards, following the increase in Finnair’s need for new employees.

Finnair’s strategic objective is to double its traffic between Asia and Europe by 2020 from the 2010 level. The strategy is based on the growing markets in Asia, fast connections between Europe and Northeast Asia, quality service, and cost-efficient, punctual operations. As Asian traffic grows Finnair is also increasing capacity in its European traffic because a significant part of the company’s customers are transfer passengers.

Copyright Photo: AirlinersGallery.com. Airbus A321-231 OH-LZI (msn 5922) taxies at London (Heathrow).

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Finnair and Jetstar Asia launch a new codeshare agreement via Singapore

Finnair's first A350 visits London Heathrow

Finnair (Helsinki) and Jetstar Asia (Singapore) launch a codeshare cooperation today that will provide Finnair customers with a wider choice of destinations and departure times across Asia and Australia.

From December 15, 2015, Finnair customers will be able to travel on codeshare services operated by Jetstar Asia to and from its Singapore hub.

Finnair customers will benefit from the convenience of the single ticket itinerary that includes Finnair’s baggage allowance. The passengers will also enjoy a seamless transfer at Singapore Changi Airport, with baggage being through-checked and onward boarding passes being received at the initial departure point.

Finnair’s code will be added to Jetstar Asia’s flights between Singapore as well as Penang and Kuala Lumpur in Malaysia, Ho Chi Minh City in Vietnam, Phuket in Thailand and Perth and Darwin in Australia.

Copyright Photo: Antony J. Best/AirlinersGallery.com. Finnair’s first Airbus A350-941, registered as OH-LWA (msn 018), departs from London’s Heathrow Airport.

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