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News about Jukka Hienonen
Finnair’s possible route closuresThe chief executive of Finnair, Jukka Hienonen, was quoted as saying by tabloid Iltalehti on January 2 that the the Finnish flag carrier was mulling “substantial” route closures if the economic crisis continued to worsen Finnairs possible route closures The chief executive of Finnair, Jukka Hienonen, was quoted as saying by tabloid Iltalehti on January 2 that the the Finnish flag carrier was mulling ?substantialť route closures if the economic crisis continued to worsen Air carriers fret over fuel and consumer demand  Faced with fuel costs that have doubled in less than a year, the falling dollar that has lessened Americans willingness to fly, and the ripple effect of a worldwide economy on the brink of recessions, Asian business is up, but Finnair’s profits fall Despite a jump in Asian air traffic by 23 percent, Finnair posted a drop in pre-tax profits for the first quarter 2008 on higher turnover, citing concern over higher fuel costs and uncertainty over the Finnair flying high on big profits, Asian market skying  Targeting Asia has paid off for Finnair as the company reported higher fourth-quarter, pre-tax profits, and said it would continue to focus on its Asia destinations this year. Fourth quarter pretax profit was 35.2 million Norwegian Air Shuttle acquires FlyNordic from Finnair Finnair said in a statement on April 24 it had signed a memorandum of understanding to sell its Swedish no-frills arm FlyNordic to Norwegian Air Shuttle, News Room Finland reported. In a deal that is Finnair posts loss for full-year 2006 Finnish flag carrier Finnair on February 6 posted a loss for full-year 2006 that it attributed to higher fuel costs and stiff competition over ticket prices. The pre-tax loss for 2006 totalled 14.7 million Euro, Finnair to post 2006 operating loss over rising costs  Finnish flag carrier Finnair warned in a statement January 23 that its 2006 operational result would be in the red because of costs arising from dismissals at its technical division and fuel derivatives, News room Finnair posts lower profits for Q3 Finnish flag carrier Finnair on November 7 posted a 62 percent drop in pre-tax profits for the third quarter of 2006, Deutsche Presse-Agentur (dpa) reported. Pre-tax profit for the quarter totalled 13.5 million Euro, compared Finnair with hikes in 2005 profits and turnover Finnish carrier Finnair posted increased turnover and profits for full-year 2005, but higher fuel prices affected fourth quarter earnings, DPA reported the previous Friday. Turnover increased 11 percent for full-year 2005 to 1.87 billion Euro (USD |
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