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Finnair news

Finnair airline related news

Finnair secured financing for its third A350 aircraft

Finnair has secured financing, arranged by BNP Paribas, for its third Airbus A350-900 XWB, which was delivered on 30 December 2015. The transaction amounts to approximately EUR 135 million, implemented using a Japanese Operating Lease with Call Option (JOLCO) structure, where the transaction amount is treated in Finnair’s IFRS accounting as a loan and the a...

Finnair proceeds with its growth strategy; expands and modernises its European fleet

Finnair has entered into a Memorandum of Understanding with BOC Aviation Pte Ltd (“BOC Aviation”) to lease four new Airbus A321-200 narrow-body aircraft. BOC Aviation is a Singapore-based subsidiary of Bank of China, specialising in aircraft leasing. The aircraft are scheduled for delivery to Finnair during the first half of 2017. The lease agreements have a minimum...

Finnair’s Asia Strategy Sets It Apart From Rivals, Makes It Attractive Acquisition

Twice a day, at 10 a.m. and 4 p.m., the cafes and shops of Helsinki Airport echo to the languages of Tokyo, Shanghai and Seoul. For a few hours, the Finnair Oyj base bustles with Chinese businessmen, Japanese students and vacationing Koreans, all changing planes at a terminal fortuitously positioned on the shortest flyway between Europe and Asia. “We’re a Gulf carrier &mdash...

Finnair to add additional seats to its Airbus narrow body fleet

Finnair has announced this plan to add extra seats to its Airbus narrow body fleet: 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,...

GE Capital Aviation Services Purchase-and-Leaseback Transaction for Two Airbus A350s with Finnair

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it completed a purchase-and-leaseback transaction involving two new Airbus A350-900 XWB aircraft with Finnair. The aircraft delivered in October and December and are part of Finnair’s long-haul fleet renewal program. The flag carrier of Finland, Finnair is one of the ol...