Finnair Oyj

Finnair Plc announced that it will release its Financial Statements Bulletin for 2024 on February 13, 2025, at 9:00 a.m. EET. The company's Annual Report for 2024, including full financial statements, will be available by week 10 of 2025. The Annual General Meeting is scheduled for March 27, 2025, at 3:00 p.m. EET in Vantaa, with an official invitation to follow. Finnair's financial reviews will be published in both Finnish and English at 9:00 a.m. EET. The monthly traffic performance publication schedule for 2025 is accessible on Finnair's investor relations website. Finnair is a network airline connecting Asia, the Middle East, North America, and Europe, and is recognized as the Best Airline in Northern Europe by Skytrax for 14 consecutive years. It is a member of the oneworld alliance, and its shares are listed on Nasdaq Helsinki. Further information can be obtained from Finnair communications.

Finnair's Interim Report for January to September 2024 highlights that the third quarter's comparable EBIT was lower than the previous year due to decreased unit revenue, though the full-year profit expectation remains unchanged. The report notes a 9.4% increase in customers during the third quarter, with a 9.1% rise in capacity. Passenger revenue decreased in Europe, Asia, and the Middle East, but increased in North America. Ancillary and cargo revenues grew significantly. The company has improved cost management, reducing unit costs excluding fuel by 4.2%. Finnair repaid all loans from the recent crises and strengthened its balance sheet with strong operating cash flow. The company updated its climate target to reduce emission intensity by 34.5% by 2033, validated by the Science Based Targets initiative. Customer satisfaction improved, with a Net Promoter Score of 40, and on-time performance at 77%. Finnair plans to increase capacity by 10% in 2024, focusing on Asia and Europe, with expected revenue of 3.0–3.2 billion euros and comparable EBIT of 120–170 million euros. The report also mentions changes in cooperation with Qatar Airways and upcoming financial reporting dates. Finnair is recognized for connecting passenger and cargo traffic across multiple regions and has been awarded Best Airline in Northern Europe by Skytrax for 14 consecutive years.

Finnair has announced new executive appointments effective from September and October 2024. Simon Large will become the Chief Customer Officer starting October 1, 2024, overseeing the new Customer Experience, Loyalty and Marketing Unit. Christine Rovelli will assume the role of Chief Revenue Officer from September 10, 2024, leading the new Network, Fleet and Sustainability unit. Ole Orvér, the current Chief Commercial Officer, will step down from the Executive Board but will remain as an executive advisor until the end of 2024. Additionally, Jaakko Schildt has been named Deputy to the CEO, and Antti Kleemola will serve as Chief Digital Officer. The Strategy function will now fall under the Chief Financial Officer, Kristian Pullola. These changes aim to enhance Finnair's focus on customer needs and revenue generation as part of its strategic objectives.

On August 28, 2024, Finnair Plc reported a transaction involving its Chief Executive Officer, Turkka Kuusisto. The transaction, which took place on August 27, 2024, at NASDAQ Helsinki, involved the acquisition of shares. The details include 24 separate transactions with volumes and unit prices ranging from 3 to 5000 shares and prices between 2.43 EUR and 2.44 EUR. The aggregated total was 20,000 shares at a volume-weighted average price of 2.43578 EUR. Further information can be obtained from Finnair communications.

Finnair Plc has announced the appointment of Maija Strandberg, Timo Sallinen, and Esko Torsti to its Shareholders' Nomination Board. This board, established by a resolution from Finnair’s 2023 Annual General Meeting, is a permanent part of the company's corporate governance and consists of three annually appointed members. The Nomination Board will submit its proposals for the Annual General Meeting to Finnair's Board of Directors by January 31, 2025. Additional information about the Nomination Board can be found on Finnair’s website. Finnair specializes in connecting passenger and cargo traffic between various regions and has been recognized as the Best Airline in Northern Europe for 14 consecutive years. Finnair Plc’s shares are listed on Nasdaq Helsinki.