Finnair Oyj
0EG8.L
London Stock Exchange4.88
EUR
-0.09
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Finnair Oyj
0EG8.L
(London Stock Exchange)
Recent
price
4.88
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Finnair Oyj, the national flag carrier of Finland, provides extensive air transportation services across Europe, Asia, and North America, utilizing Helsinki Airport as its main hub. The airline facilitates global connectivity for both passenger and cargo traffic through its affiliation with the oneworld alliance. Its offerings extend beyond flights to include ancillary services, comprehensive package tours marketed under the Aurinkomatkat-Suntours brand, and various travel-related products. Furthermore, the company delivers essential support functions such as catering, aircraft maintenance, ground handling, and airline training. As of late 2024, Finnair operated its own fleet of 56 aircraft, prominently featuring an all-Airbus mainline fleet, including 18 Airbus A350 wide-body jets. Complementing this, Nordic Regional Airlines (Norra), a 40%-owned subsidiary, operates an additional 24 aircraft, primarily ATR 72-500 turboprops and Embraer E190s, under Finnair's flight codes. The company is currently engaged in discussions regarding the partial renewal of its narrow-body fleet and considering additions of smaller, used aircraft as part of its strategic growth. Founded in 1923, Finnair is recognized as one of the world's longest continuously operating and safest airlines. Headquartered in Vantaa, Finland, the airline has recalibrated its strategy to pursue profitable growth, particularly adapting its network following airspace restrictions. Recent initiatives include expanding its loyalty program, enhancing digital services, and a commitment to ambitious sustainability goals, aiming for carbon neutrality by 2045. Finnair also focuses on specialized cargo, offering advanced temperature-controlled transport through its COOL Nordic Cargo Hub in Helsinki.