Finnair Oyj (HEL: FIA1S)
Finland
· Delayed Price · Currency is EUR | Market Cap | 497.47M |
| Revenue (ttm) | 3.01B |
| Net Income (ttm) | 63.40M |
| Shares Out | 204.51M |
| EPS (ttm) | 0.31 |
| PE Ratio | 7.84 |
| Forward PE | 6.92 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 308,769 |
| Open | 2.419 |
| Previous Close | 2.416 |
| Day's Range | 2.419 - 2.460 |
| 52-Week Range | 2.133 - 3.136 |
| Beta | 1.44 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 29, 2024 |
About Finnair Oyj
Finnair Oyj operates in the airline business in North Atlantic, Asia, Europe, Middle East, and internationally. The company offers Finnair and oneworld global network, passenger and cargo traffic, ancillary services, package tours under the Aurinkomatkat-Suntours brand name, and other travel products; and support services comprising catering, aircraft maintenance, ground handling, and airline training. As of December 31, 2023, it operated through a fleet of 55 aircrafts, which included 25 wide-body and 30 narrowbody aircrafts. Finnair Oyj was i... [Read more]
Financial Performance
Financial StatementsNews
Finnair takes profit hit from flight delays
Finland's national carrier Finnair reported a steeper than expected drop in second-quarter operating profit on Friday, as flight delays due to bad weather and a runway renovation in Helsinki drove up ...
Finnair suspends flights to Estonian city over Russian GPS interference
Finnair said Monday it was suspending flights to the Estonian city of Tartu for one month due to GPS interference that the Estonian foreign minister labeled a Russian "hybrid attack".
Finnair profit meets forecasts, to boost capacity by over 10% in 2024
Finland's national carrier Finnair on Wednesday reported its sixth straight quarter of positive operating earnings, and guided for a more than 10% capacity increase in the current year.
A mechanical engineer explains why Finnish airline Finnair is weighing passengers
Finnish airline Finnair this week instituted a new voluntary policy whereby it is now weighing passengers in addition to their luggage.
Finnair to cancel some 550 flights this week over union strike
Finnair on Monday said it expects to cancel about 550 flights this week due to labour union strike action against the Finnish government on Feb 1 and 2.
Finnair warns of flight cancellations amid upcoming strike
Finnair said on Friday a strike planned by several Finnish trade unions on Feb. 1-2 would have a "significant impact" on the airline's operations and result in flight cancellations.
Finnair picks Turkka Kuusisto as new CEO
Finnair has appointed Turkka Kuusisto as its next CEO, the airline said on Thursday, after it announced the resignation of current CEO Topi Manner in August last year.
Finnish flag carrier Finnair sees annual sales near pre-COVID levels
Finland's national airline Finnair on Tuesday forecast 2023 results at pre-pandemic levels or close to them, saying the COVID-19 impact had faded and the markets had adapted to the closure of Russian ...
Finnair plans $632 million rights issue as state sticks with stake
Finnair said on Friday it was planning a rights issue to raise up to 600 million euros ($632 million) to shore up its finances and pay back a loan from the state, which is keeping its controlling stak...
Finnair swings to profit in second quarter as demand recovers
Finland's national carrier Finnair on Friday reported a swing to profit in the second quarter, helped by recovering demand.
Finnair raises profit outlook on higher travel demand
Finnair on Tuesday raised its full-year 2023 operating profit target and said it expects travel demand to exceed expectations, sending its shares up 3%.
Finnair modifies A350 weight threshold to carry more cargo around Russia
A simple modification of the manufacturer's weight specifications is allowing Finnair to carry 9 tons of extra cargo and passengers on A350 twin-aisle jets on key Asia routes forced to detour around R...
Finnair Launches 40% Discount Before Ending Duty-Free Sales
The airline has cited onboard and pre-order shopping as a “less important service” for its customers as one reason why it has decided to discontinue retail sales.
Sky-high jet fuel prices are certainly affecting our profitability, says Finnair CEO
Topi Manner, CEO of Finnair, discusses the challenges it faces and the outlook for travel.
How Finnair's Huge Bet on Faster Flights to Asia Suddenly Came Undone
When Russia closed its airspace, it upended the decades-long strategy for making Finland a European travel hub to and from the East.
Finnair to cut costs, reduce fleet to return profitable
HELSINKI (Reuters) -Finnair will reduce its fleet, cut costs and seek to build a geographically more balanced network, the Finnish national carrier said on Monday in a new strategy to solve its profit...
Finnair partners with Qatar Airways in search of new routes
Finnair will establish a strategic partnership with Qatar Airways to open up new routes from Nordic capitals to the Qatari capital Doha, the Finnish national carrier said on Monday.
Finnair posts second quarter loss as fuel prices weigh
Finland's national carrier Finnair posted a narrower second quarter operating loss on Tuesday as revenue soared but the company said record high fuel costs weighed on the results.
EU court dismisses Ryanair challenge against Finnair state aid
Europe's second-highest court on Wednesday dismissed Ryanair's challenge against EU approval for millions of euros in state aid granted to rival Finnair.
Finnair to adapt and shrink after Russian airspace closure, CEO tells Bloomberg
Finland's national carrier Finnair, hit hard by the closure of Russian airspace, plans to shift its focus away from Asia travel and reduce the size of its operations, the chief executive told Bloomber...
Air cargo helps Finnair restore some Asia service flying around Russia
Elevated cargo rates are making it possible for Finnair to reinstate several long-haul passenger flights to Asia despite the added cost of detouring around Russia after the nation closed its airspace ...
Finnair to stay independent and stick to Asia strategy, says CEO
HELSINKI (Reuters) -Finnair will remain a stand-alone airline and stick to its Asia-focused strategy while adding new routes to the United States, Chief Executive Topi Manner said on Friday.
Aktia and Finnair to launch a new Finnair Visa credit card
Aktia Bank PlcPress release2 November 2021 at 12.00 p.m.
Finnair cuts quarterly loss as pandemic restrictions ease
Finnair on Thursday posted a sixth consecutive quarterly loss, with the COVID-19 pandemic still keeping most of its planes grounded, and raised its annual cost savings target to 200 million euros ($23...
U.S. tentatively approves adding Aer Lingus to airlines' alliance group
The U.S. Transportation Department on Monday said it had tentatively approved the proposed addition of Aer Lingus to the Oneworld alliance.