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Tag: Finnair

Cabin crew union says QANTAS misled us over FinnAir deal

Australia’s biggest cabin crew union has accused Qantas (OTC: QUBSF) of a “breathtaking” lack of transparency over the deal that will see Finnair (OTC: FNNNF) crew operate the Flying Kangaroo’s flights.

The Flight Attendants Association of Australia has said the airline suggested the agreement would save the jobs of Finnair staff but was later informed the employees would be sourced from “labour-hire” firms.

Click the link below to read the full story!

https://australianaviation.com.au/2023/08/qantas-misled-us-over-finnair-deal-says-cabin-crew-union/

Finnair redeems its hybrid bond issued in 2020

Finnair Plc (OTC: FNNNF) announces that it will exercise its right to redeem its EUR 200 million capital securities issued on 3 September 2020 (ISIN: FI4000441860) (the “Capital Securities“).

The Capital Securities will be redeemed in full on 1 September 2023 (the “Redemption Date“) in accordance with the terms and conditions of the Capital Securities. On the Redemption Date, the Company will pay to the holders of Capital Securities a redemption price equal to the principal amount of the note together with any accrued interest to, but excluding, the Redemption Date.

This notice of redemption is irrevocable and is given to the calculation agent and holders of the Capital Securities in accordance with the terms and conditions of the Capital Securities.

Alaska Airlines Expands oneworld Partnership with New West Coast International Flights

SEATTLE, December 13, 2021 /PRNewswire/ – Ready to start planning that long-awaited, much-deserved vacation or trip to Europe and destinations beyond? Alaska Airlines and our fellow oneworld member airlines – including American Airlines, British Airways, Finnair and Iberia – are ready to take you there this summer with new nonstop international flights from our West Coast hubs and airports.

British Airways announced today it will begin nonstop service from Portland to London Heathrow five days a week starting on June 3, 2022. The flight becomes the sixth British Airways service to London from a key Alaska market on the West Coast joining Los Angeles; San Diego; San Francisco; San Jose, California; and Seattle.

Finnair announced last week its new nonstop flight between Seattle and Helsinki that’s scheduled for service three days a week beginning June 1. Finnair’s nonstop to Seattle joins its existing service to the Finnish capital from Los Angeles. Finnair will also increase its Los Angeles-Stockholm service to four nonstop flights a week beginning May 1.

By summer 2022, Alaska’s oneworld partners will offer more than 100 nonstop flights every week from the West Coast to Europe including nonstop service to London, Madrid, Barcelona, Stockholm and Helsinki. Once in Europe, journeys can continue throughout the Continent and other parts of the world with convenient connections through our partners’ hubs.

oneworld flights between the U.S. West Coast and Europe for summer 2022:

Airbus Receives First A320 Flight Hour Services Maintenance Contract in Europe

Finnair has selected Airbus’s Flight Hour Services (FHS) to support its entire A320 Family fleet (35 aircraft), thus becoming the first European FHS customer for an A320 fleet.

Following recent contracts in Asia Pacific and the Middle East region, this first FHS agreement from Europe demonstrates the growing trust placed in Airbus’ maintenance by the hour services by airlines around the world, both for widebody and single aisle fleets.

Finnair will benefit from integrated material services including on-site-stock at their main base in Helsinki, access to Airbus’ mutualised spares pools and components engineering and repair services around the world. The FHS contract covers ‘nose to tail’ material services including for engine components.

Airbus will guarantee spare parts availability, generating value through increased fleet availability and operating maintenance costs savings.

The global Airbus fleet covered by FHS has increased by more than 25% over the past two  years confirming the relevancy of flexible, power-by-hour solutions for airlines to secure efficient operations and contain costs.

Finnair is a long-standing Airbus customer. The airline is operating Airbus A320 Family aircraft on its network in Europe and Airbus A330 and A350 on long-haul flights.

British Airways Launches New Fare Brands Offering Enhanced Flexibility

Wednesday 24 February, 2021 – British Airways has today launched two new fare brands for its trade customers, which offer refundable options and enhanced flexibility. Select and Select Pro are both refundable fares, which will give customers the flexibility to cancel a flight and claim a full or partial refund should their travel plans change. There will also be no change fee payable for Select and Select Pro bookings.

The Select and Select Pro fares are available to book from today, exclusively for agents, via both the GDS or NDC. They will sit alongside the current Basic, Standard/Plus and Fully Flexible fares, and will enhance the suite of fare options available to suit the different budgets and flexibility needs of customers. In the UK, Select fares will be available on short-haul routes and long-haul routes, and Select Pro available on long-haul routes.*

The table below shows the differences between each available fare brand:

These new fare products will also be available to book through British Airways’ Atlantic Joint Business partners American Airlines, Iberia and Finnair.

Fares will cost from £50 extra on a short-haul return ticket and from £100 extra on a long-haul return ticket, compared with Standard/Plus fares. The refund fee for Select products is similar.**

British Airways’ book with confidence commitment for free changes or the ability to take a voucher will continue to apply to all Basic, Standard/Plus, Fully Flexible, Select and Select Pro bookings. As always, if a flight is cancelled the customer is entitled to a full refund.

More information for trade partners is available through the BA Travel Trade website. Partners can also contact their Account Manager.

Finnair Boosts Reliability of Regional Fleet with ATR Global Maintenance Agreement

ATR and one of its long-standing customers, the Finnish airline Finnair, signed a 10-year Global Maintenance Agreement (GMA). Through this package, Finnair and Nordic Regional Airlines (NoRRA) – who operates Finnair’s regional ATR traffic – will benefit from a customised support from ATR, which will help the airline better anticipate maintenance costs while enhancing the dispatch reliability of its fleet of 12 ATR 72-500.

This pay-by-the-hour contract covers the repair, overhaul and pooling services of Line Replaceable Units, along with their door-to-door delivery and an on-site leased stock of spare parts. Finnair will also benefit from blades maintenance and availability, and maintenance recommendations based on ATR’s expertise to enhance aircraft reliability.  

Juha Ojala, Vice President Technical Operations of Finnair, declared: “Our ATR flights form a key part of our feeder traffic to our Helsinki hub, and as a large share of our customers are transfer customers, they have strong expectations in terms of punctuality and reliability. This Global Maintenance Agreement is one step further in our relationship with ATR and ensures we benefit from the most suitable services, so that we can in turn provide our customers with a reliable and punctual travel experience.”

Stefano Bortoli, Chief Executive Officer of ATR, added: “Finnair is new to our GMA programme but they have been part of the ATR family from the very beginning, as they took delivery of their first ATR aircraft, MSN 006, in 1986. During the challenging times we are currently living, the confidence from a valued customer is the best tribute they can offer to the quality and economics of our products and services. We are looking forward to sharing our knowledge and expertise with Finnair, so that they can in turn keep on operating regional traffic in a responsible and efficient fashion.”