Tag Archives: Finnair

Finnair adds capacity in Japan – Sapporo as a year-round destination

Finnair has made this announcement:

As part of its strategy of sustainable profitable growth, Finnair extends the operating season of its newly announced Sapporo route to year-round operations. Finnair will fly between Helsinki, Finland and Sapporo in Hokkaido, Japan with an Airbus A330 aircraft twice a week year-round from December 15, 2019.

Hokkaido is well known for its stunning landscapes and fantastic outdoor activities both in summer and winter. Hokkaido is a popular winter and skiing destination, and famous for its seafood, ramen and Japanese onsen or hot spring spas.

Finnair is the only European airline to operate direct scheduled flights between Sapporo and Europe.

Flights to Sapporo are operated in the winter season on with departures from Helsinki on Sundays and Thursdays, and departures from Sapporo on Mondays and Fridays. In the summer season the operating days are Sundays and Wednesdays from Helsinki and Mondays and Thursdays from Sapporo. The flight time is approximately nine hours.

Sapporo is Finnair’s fifth destination in Japan, in addition to Tokyo Narita, Osaka, Nagoya and Fukuoka. As announced earlier, Finnair will also open direct daily route to Tokyo´s Haneda Airport as of March 2020. The new frequencies to and from Haneda will be in addition to Finnair’s daily flights to Tokyo’s Narita Airport.

Finnair will also add capacity to Osaka in Japan by adding two weekly frequencies on the route starting as of the start of the 2020 summer season. The total number of Finnair´s weekly flights on the route will thus increase to 12.

Both Sapporo and Osaka routes are operated in codeshare with Finnair´s long-standing partner Japan Airlines. Finnair is a member of Siberian Joint Venture together with Japan Airlines, British Airways and Iberia. Together, the member airlines offer more choice and flexibility for customers traveling between Europe and Japan.

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Finnair updates its financial targets, aims for sustainable profitable growth

Finnair Airbus A330-302 OH-LTT (msn 1088) LHR (SPA). Image: 948136.

Finnair has issued this statement:

Following a period of accelerated growth, Finnair is now moving into a new phase. The company seeks to grow in line with the market, targeting sustainable and profitable growth.

Finnair’s Board of Directors has defined the following targets for the 2020-2025 strategy period:

  • Comparable EBIT of over 7.5% over the cycle (at constant fuel and currency), after a 12-18 month build-up period
  • ROCE of over 10% over the cycle (at constant fuel and currency), after a 12-18 month build-up period
  • On-time-performance of over 85%
  • Improved Net Promoter Score and improved employee Net promoter score

Finnair aims to deliver these targets through a focused strategy that leverages the geographical advantage of Finnair’s hub in connecting Europe and Asia.

During its Capital Markets Day on November 12, 2019, Finnair will elaborate on network and fleet optimization, operational excellence, retailing strategy and sustainability. Finnair’s management will also discuss its estimated investments for the strategy period and their potential financial implications.

Additional guidance for the 2020-2025 strategy period includes the following indicative items:

  • Capacity growth, measured in Available Seat Kilometres (ASK) of 3-5% CAGR
  • Optimize liquidity, yet keeping cash to sales ratio above 15% (34% as per 30 September 2019)
  • Gearing ratio 175% at maximum (74% as per 30 September 2019)
  • Assess renewal and downsizing of the hybrid bond
  • Increase the share of owned aircraft vs. leased aircraft
  • Keep the dividend policy unchanged

Top Copyright Photo: Finnair Airbus A330-302 OH-LTT (msn 1088) LHR (SPA). Image: 948136.

Finnair aircraft slide show:

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Finnair and Air Serbia establish a new codeshare partnership

Finnair and Air Serbia, the national airline of the Republic of Serbia, have agreed on a codeshare agreement in order to provide their passengers enhanced travel opportunities within their networks in Europe. In addition, the new codeshares will also offer good connectivity between Serbia and key destinations in the USA and Asia.

According to the new agreement, starting from 27 October, Air Serbia’s “JU” code will be added on flights operated by Finnair between Helsinki and Vienna, Prague, Berlin, Copenhagen, Stockholm, Gothenburg, Oslo, Riga, Tartu, Vilnius and Tallinn. Air Serbia’s code is also added on a large number of flights operated by Finnair within Finland, such as flights between Helsinki and Turku, Tampere, Joensuu, Jyväskylä, Kuopio, Kajaani, Kokkola, Pietarsaari, Vaasa, Kemi Tornio, Oulu, Ivalo, Kuusamo and Rovaniemi.

Finnair’s “AY” code is added on Air Serbia operated flights between Belgrade and Helsinki as well as on flights between Belgrade and Vienna, Prague, Berlin, Tirana, Bucharest, Sofia, Skopje, Podgorica, Sarajevo, Tivat, Larnaca and Thessaloniki.

Air Serbia aircraft photo gallery:

 

Finnair starts codeshare cooperation with Fiji Airways

"COP23 Fiji - UN Climate Change Conference Bonn 2017" markings

Finnair and Fiji Airways have agreed on a new codeshare partnership between Helsinki (HEL) and Nadi (NAN) in Fiji via three gateways served by Finnair.

Finnair’s AY code will be added to Fiji Airways’ flights between Hong Kong (HKG), Singapore (SIN), Narita (NRT) and Nadi, offering an exotic new destination for Finnair customers in the South Pacific. Finnair’s flight numbers will later be added to Fiji’s flights between San Francisco (SFO), Los Angeles (LAX) and Nadi, subject to applicable government approvals. With this addition, it will now be possible for Finnair customers to complete an around-the-world trip with Finnair flight numbers.

Fiji Airways’ FJ code will also be added to Finnair’s flights to Helsinki via Singapore, opening access for Fiji Airways’ customers to Finland and points beyond in Europe.

Top Copyright Photo: Fiji Airways (2nd) Airbus A330-343 DQ-FJW (msn 1692) (COP23 Fiji) LAX (Michael B. Ing). Image: 940139.

Fiji Airways aircraft slide show:

Finnair continues to grow in Japan, with daily flights to Haneda Airport

Finnair Airbus A350-941 OH-LWM (msn 264) LHR (Andi Hiltl). Image: 947814.

Finnair is adding capacity to Japan with daily flights to Tokyo’s Haneda Airport as of the start of the 2020 summer season, subject to slot availability. The new frequencies to and from Haneda will be in addition to Finnair’s daily flights to Tokyo’s Narita Airport.

Haneda Airport is conveniently located in the city center of Tokyo. The new flights from Haneda will be codeshare flights with Finnair´s long-term partner, Japan Airlines, which has a wide network of connecting flights from Haneda onwards to other destinations in Japan.

The planned schedule for Finnair´s flight from Haneda is at night time which complements Finnair´s morning flights from Narita, offering more options and flexibility to passengers. The exact timetable is subject to slot approvals.

Finnair currently operates to four destinations in Japan – Tokyo Narita, Osaka, Nagoya and Fukuoka – and Japan is Finnair´s largest market outside its home market Finland. The latest addition to Finnair’s network in Japan is Sapporo in Hokkaido, where Finnair will start operating on December 15, 2019.

Top Copyright Photo: Finnair Airbus A350-941 OH-LWM (msn 264) LHR (Andi Hiltl). Image: 947814.

Finnair aircraft slide show:

Finnair joins a Nordic initiative for electric aviation

Finnair has made this announcement:

A Nordic initiative to drive the development of electric aircraft is now being launched. Funded by Nordic Innovation (an organization under the Nordic Council of Ministers), a platform is created where Nordic players gather to develop the future of electric aviation.

“Technological innovations are key in solving aviation’s CO2 emission challenge”, says Jaakko Schildt, Chief Operating Officer, Finnair. “In this project we are concretely creating the future of electric aviation, together, and taking an important step towards carbon-neutral flying.”

“We will be a Nordic network that works with both infrastructure, industry issues and new business models”, says Maria Fiskerud, project manager for The Nordic Network for Electric Aviation (NEA).

The NEA network will organize workshops and other events to build knowledge and cooperation in the Nordic countries. At present, the network has eleven members:  Air Greenland, Avinor, Braathens Regional Airlines, El-fly AS, Finnair, Heart Aerospace, Iceland Air, NISA (Nordic Innovation Sustainable Aviation), RISE, SAS and Swedavia.

The network has four focus areas with clear objectives for driving the growth of electric aircraft: standardizing electric air infrastructure in the Nordic countries, developing business models for regional point-to-point connectivity between Nordic countries, developing aircraft technology for Nordic weather conditions and creating a platform for European and global collaborations.

“All the focus areas have the potential to create a lot of impact”, says Nina Egeli, Senior Innovation Advisor from Nordic Innovation. “We are talking about, amongst others, quality of life, sustainability, accessibility, as well as a huge potential for Nordic businesses to get on board with their innovations. When we combine the best of what the Nordic countries can deliver on mobility, the Nordic region and Nordic businesses can really make their mark and considerably strengthen their position at a global level.”

Air Italy signs new partnerships with Finnair and El Al

Air Italy has made this announcement:

Air Italy is delighted to announce the signing of two Special Prorate Agreements (SPA) with key carriers Finnair and El Al.

Now, thanks to the agreement with Finnair, five new key destinations in Finland (Helsinki, Turku, Oulu, Kokkola and Rovaniemi) are all now available via Milan Malpensa for Air Italy passengers departing from our seven key airports in central & southern Italy (Rome, Naples, Palermo, Catania, Lamezia Terme, Cagliari and Olbia).

At the same time, Finnair’s customers have now the opportunity to fly to Air Italy’s African destinations, traveling from Finland via Milan Malpensa, and connect seamlessly to Dakar, Lagos, Accra, Sharm El-Sheikh and Cairo.

Simultaneously, with respect to El Al, Air Italy’s passengers arriving in Milan Malpensa from North America will now be able to connect with El Al to land in Tel Aviv while El Al’s customers departing from Tel Aviv can now easily reach Air Italy’s North American destinations via Milan Malpensa.

Moreover, from Tel Aviv, El Al’s passengers can also connect to Air Italy’s domestic network from Malpensa to the key cities and towns of central and southern Italy such as Rome, Naples, Palermo, Catania, Lamezia Terme, Cagliari and Olbia.