Tuesday 28 November 2023
Finnair repays government covid bail out loan.
Wednesday 8 November 2023
Finnair brings back flights to Nagoya; updates its winter ‘24 traffic programme
Finnair brings back flights to Nagoya; updates its winter ‘24 traffic programme
Wednesday 25 October 2023
Finnair reports strong growth and profitability in the busiest quarter of the year.
July – September 2023
- Earnings per share were 0.03 euros (-0.03)*.
- Revenue increased by 13.7% to 817.3 million euros (719.2).
- The comparable operating result was 94.3 million euros (35.2) and the operating result was 90.0 million euros (19.2). Both were adversely impacted by the more expensive fuel price towards the end of the period.
- Cash funds were 1,346.3 million euros (31 Dec 2022: 1 524.4) and they decreased mainly due to the 200-million-euro hybrid bond redemption during the period. The equity ratio was 11.5 per cent (31 Dec 2022: 9.9).
- Net cash flow from operating activities was 95.5 million euros (11.8), and net cash flow from investing activities was 45.1 million euros (-0.4).** Gross capital expenditure totalled 73.2 million euros (37.5).
- Number of passengers increased by 6.6% to 3.0 million (2.8).
- Available seat kilometres (ASK) increased by 11.8% to 9,343.9 million kilometres (8,356.5).
- Passenger load factor (PLF) was 80.9% (80.1).
January – September 2023
- Basic earnings per share were 0.12 euros (-0.39).
- Result for the period included a positive, one-off deferred tax item of 99 million euros based on previous years’ tax losses.
- Revenue increased by 35.5% to 2,261.3 million euros (1,669.3).
- Comparable operating result was 161.4 million euros (-181.8) and operating result was 164.1 million euros (-238.6). Both were adversely impacted by the more expensive fuel price towards the end of the period.
- Net cash flow from operating activities was 478.1 million euros (229.1), and net cash flow from investing activities was -286.3 million euros (-21.2).** Gross capital expenditure totalled 209.4 million euros (137.8).
- The number of passengers increased by 26.0% to 8.4 million (6.6).
- Available seat kilometres (ASK) increased by 17.3% to 27,106.9 million kilometres (23,112.9).
- Passenger load factor (PLF) was 77.5% (65.9).
* Unless otherwise stated, comparisons and figures in parentheses refer to the comparison period, i.e., the same period last year.
** In Q3, net cash flow from investing activities included 63.2 million euros of redemptions (29.1 million euros) in money market funds or other financial assets (maturity over three months). In Q1–Q3, investments totalled to 128.6 million euros (26.1 million euros of redemptions). They are part of the Group’s liquidity management.

Friday 6 October 2023
Passenger numbers creep upwards at Finnair.
Wednesday 13 September 2023
Finnair is taking part in Plan International’s #GirlsTakeover campaign

Friday 8 September 2023
Finnair Traffic Performance in August 2023
Close to one million passengers and solid passenger load factor
August passenger traffic figures improved year-on-year as the COVID-19 pandemic impacts have mostly faded and as the Russian airspace was closed already during the comparison period. The negative impact of the Russian airspace closure especially on Asian passenger traffic figures was, however, still visible in August 2023 compared to the pre-pandemic figures. The distance-based reported traffic figures do not take into account longer routings caused by the airspace closure as they are based on Great-Circle distance.
The overall capacity, measured in Available Seat Kilometres (ASK), increased in August by 13.6% year-on-year but decreased by 2.0% month-on-month. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 16.6% year-on-year but decreased by 7.8% month-on-month. The Passenger Load Factor (PLF) increased by 2.1% points year-on-year but decreased by 5.0% points month-on-month to 79.8%.
The ASK increase in Asian traffic was 41.5% year-on-year explained e.g. by the additional capacity to Japan and South Korea. The North Atlantic capacity decreased by 40.7% as the operations between Stockholm and the North American destinations were discontinued at the end of October 2022. In European traffic, the ASKs were up by 7.8%. The Middle Eastern capacity surged by 1,588.6% due to the Qatar Airways cooperation commenced in November 2022 and low traffic during the 2022 summer season. The ASKs in domestic traffic increased by 23.3%.
RPKs increased in Asian traffic by 54.8% year-on-year but decreased in North Atlantic traffic by 35.9%. In European traffic, RPKs increased by 4.7%, in Middle Eastern traffic by 1,450.6% and in domestic traffic by 7.9%.
Saturday 26 August 2023
Finnair starts direct flights between Rovaniemi and Tromsø
Saturday 19 August 2023
Topi Manner to leave Finnair next year

Thursday 17 August 2023
Finnair to move its loyalty programme to Avios in 2024.
Tuesday 8 August 2023
More than one million passengers flew with Finnair in July.
Saturday 22 July 2023
Half-year report from Finnair shows revenues of over €749 million
One of the leading European outsourcing airlines Finnair has released its 2023 half-year report which shows revenue increased by 36. also2% to €749.2 million euros as the cost-cutting programme demonstrates benefits. The airline saw stronger demand with the passenger load factor up to 76.3% (67.3).
Monday 10 July 2023
Almost one million passengers travelled with Finnair in June...
Thursday 15 June 2023
Finnair to start flights to Wroclaw, Poland......
Finnair also adds frequencies to Europe and Japan for the summer of 2024
Finnair has updated its planned flight schedule for the summer of next year - 31 March - 26 October 2024. The carrier has seen an increased global travel demand over the last few months and is going to add frequencies between its Helsinki hub and destinations in Northern and Central Europe as well as Japan for the summer season of 2024.
Tuesday 13 June 2023
Finnair issues positive profit warning....
Finnair updates its profit outlook for 2023
In May, Finnair carried 960,400 passengers
Wednesday 24 May 2023
Johanna Karppi will leave Finnair in autumn 2023.......
Friday 19 May 2023
Finnair to lease two Airbus A330 aircraft to Qantas
Wednesday 17 May 2023
Baggage and meal cuts on Finnair flights and new seat only fare to start next month.
Tuesday 16 May 2023
Finnair heads towards low-cost-carrier model with seat only fare, reductions in meals and baggage allowances.
Friday 5 May 2023
868,400 people travelled with Finnair in April.
The Helsinki-based national carrier Finnair has reported strong growth in passenger traffic year-on-year and a solid load factor during April 2023.
In April, Finnair carried 868,400 passengers, which was 27.7% more than in April 2022 but 8.9% less than in March 2023. Finnair says that the lower passenger numbers in April are because the month was a day shorter and the aircraft maintenance schedule resulted in lower capacity as well as the ending of both Finnish Lapland’s high season after Easter and winter season in Middle Eastern traffic as well as slowing down of corporate travel around Easter.
