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Old 12-11-2007, 11:41 AM
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Default Finnair


Name of the airline: Finnair
Website: www.finnair.com
Headquarter:
P.O. Box 15,
Vantaa,
FIN-01053
Finland

General Information:
Finnair is Finland's largest airline and the flag carrier, with its headquarters in Vantaa, Finland, and its main hub at Helsinki-Vantaa Airport. Finnair and its subsidiary companies dominate both the domestic and international air travel markets in Finland. Finnair is a member of the Oneworld alliance. In 2006, the airline transported 8.8 million passengers, on a network of 15 domestic and 55 international destinations. In addition there are about 50 seasonal charter-flight destinations.

Finnair was founded as Aero O/Y (Aero Ltd) by consul Bruno Lucander in 1923. In mid-1923 he concluded an agreement with Junkers Flugzeugwerke AG to provide aircraft and technical support in exchange for a 50% ownership in the new airline. The charter establishing the company was signed in Helsinki on September 12, 1923 and the company was entered into the trade register on December 11, 1923.

In 1946 the Finnish government acquired a majority stake in the company and re-established services to Europe on November 1, 1947. In 1953, the name Finnair was adopted as the airline's name. In 1962 Finnair acquired a 27% controlling interest in a private Finnish airline, Kar-Air. Finnair Oy became the company's official name on June 25, 1968. The first transatlantic service to New York was inaugurated on May 15, 1969.

Both Kar-Air and Finnaviation became wholly owned by Finnair and were integrated into the mainline operations in 1997. On September 25, 1997 Finnair Oyj (Finnair Plc) became the company's official name. In 1999, Finnair joined the Oneworld alliance. In 2001, Finnair recycled the Aero name again and established Aero Airlines, an airline based in Tallinn, Estonia. In 2003 Finnair acquired ownership of the Swedish low-cost airline, Flynordic, which operates mainly within Scandinavia.

The State of Finland is the controlling shareholder (57.04%), and Icelandic investment funds have a sizeable portion of the rest. Finnair's stock is listed on the Helsinki Stock Exchange. As of March 2007, the airline employed 9,447 staff. Finnair is the fifth oldest airline in the world with uninterrupted existence.

Operating Fleet:
As of June, 2007, the average Finnair fleet age is 5.6 years and is as follows:

11 Airbus A319-100
12 Airbus A320-200
6 Airbus A321-200
10 Airbus A330 (on order)
3 Airbus A340-300 (+2 orders)
15 Airbus A350-900 XWB (on order)
7 Boeing 757-200WL
10 Embraer 170
5 Embraer 190LR (+5 orders)
7 McDonnell Douglas MD-11

Destinations:
From its Helsinki-Vantaa base Finnair flies to Asia and North America, and is now extending its European operations along with the introduction of Embraer jets. The domestic operations are partly carried out in cooperation with the Estonia-based subsidiary Aero and Finncomm Airlines, operating an ATR and an ATR/Embraer fleet, respectively.
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