Announcement • Jul 22
Finnair Oyj Revises Earnings Guidance for 2026 Finnair Oyj revised earnings guidance for 2026. Finnair estimates its revenue to be EUR 3.4 billion – EUR 3.5 billion. The guidance is based on the assumption that there will be no significant disruptions in fuel availability. Previous guidance issued on 22 April 2026: Finnair estimated its revenue to be EUR 3.3 billion – EUR 3.4 billion. The guidance is based on the assumption that there will be no significant disruptions in fuel availability. Announcement • May 22
Finnair plc Appoints Sini Kivekäs as Chief People Officer and Executive Board Member, Effective June 1, 2026 Finnair Plc has appointed Sini Kivekäs (51, LL.M.) as Chief People Officer and a member of Finnair's Executive Board, effective June 1, 2026. She has nearly 30 years of experience in the financial services sector, having held various leadership positions at both Nordea and Aktia. In her most recent role, Kivekäs served as a Group Executive Committee member at Aktia, responsible for group functions and HR. Announcement • Mar 25
Finnair Oyj Elects Members to the Strategy Committee Finnair Oyj at its AGM, elected Sanna Suvanto-Harsaae as the Chair of the Strategy Committee and Nicolas Boutin, Andreas Bierwirth and Mika Ihamuotila as other members of the Strategy Committee. Announcement • Feb 27
Finnair Oyj, Annual General Meeting, Mar 24, 2026 Finnair Oyj, Annual General Meeting, Mar 24, 2026, at 15:00 FLE Standard Time. Location: clarion hotel helsinki airport at taivastie 3, 01530 vantaa, finland, vantaa Finland Announcement • Feb 11
Finnair Oyj Provides Earnings Guidance for the Year 2026 Finnair Oyj provided earnings guidance for the year 2026. For the year, company estimates its revenue to be 3.3 Billion - 3.4 Billion euros and comparable operating result to be 120 Million - 190 Million euros in 2026. Announcement • Jan 19
Finnair Plc Announces Departure of Chief People Officer Kaisa Aalto-Luoto, Effective by June 30, 2026 Finnair Plc announced that Kaisa Aalto-Luoto, Chief People Officer at Finnair, will leave Finnair by June 30, 2026 for a position in another company. The recruitment of her successor has already begun. Kaisa Aalto-Luoto has worked as Finnair Chief People Officer since October 2023. Announcement • Jan 03
Finnair Oyj to Report Fiscal Year 2025 Final Results on Mar 03, 2026 Finnair Oyj announced that they will report fiscal year 2025 final results on Mar 03, 2026 Announcement • Jul 16
Finnair Oyj Reaffirms Earnings Guidance for the Year 2025 Finnair Oyj reaffirmed earnings guidance for the year 2025. The company revenue and comparable operating result for 2025, is unchanged. the company anticipated its revenue to be within the range of EUR 3.3 billion to EUR 3.4 billion and its comparable operating result to be within the range of EUR 100 million to EUR 200 million. Announcement • Apr 29
Finnair Oyj Reaffirms Earnings Guidance for the Year 2025 Finnair Oyj reaffirmed earnings guidance for the year 2025. The company revenue and comparable operating result for 2025, is unchanged. the company anticipated its revenue to be within the range of EUR 3.3 billion to EUR 3.4 billion and its comparable operating result to be within the range of EUR 100 million to EUR 200 million. Announcement • Mar 31
Finnair Plc Announces Committee Changes Finnair Plc announced that in its constitutive meeting following the Annual General Meeting, the Board of Directors of the company elected Mika Ihamuotila as the Vice Chair of the Board. The Board also appointed members to its Audit Committee, People and Remuneration Committee, and Strategy Committee. Jukka Erlund was elected as the Chair of the Audit Committee and Jussi Siitonen, Andreas Bierwirth and Sanna Suvanto-Harsaae as other members of the Audit Committee. Hannele Jakosuo-Jansson was elected as the Chair of the People and Remuneration Committee and Nicolas Boutin, Lisa Farrar and Sanna Suvanto-Harsaae as other members of the People and Remuneration Committee. Sanna Suvanto-Harsaae was elected as the Chair of the Strategy Committee and Nicolas Boutin, Andreas Bierwirth and Mika Ihamuotila as other members of the Strategy Committee. Announcement • Feb 28
Tiina Alahuhta-Kasko, Montie Brewer and Henrik Kjellberg Do Not Stand for Re-Election to the Board of Directors of Finnair Oyj Finnair Oyj announced that the current members of the Board of Directors Tiina Alahuhta-Kasko, Montie Brewer and Henrik Kjellberg have informed that they will not be available for re-election, at its AGM to be held on 27 March 2025. Announcement • Feb 14
Finnair Oyj Announces CFO, Kristian Pullola Will Leave by 12 August 2025 Finnair Oyj announced Kristian Pullola, CFO, has announced that he will leave the company. The recruitment of a new CFO has begun, and Kristian Pullola will continue actively in his current role, until he leaves Finnair by 12 August 2025 at the latest. Announcement • Jan 24
Finnair Oyj Announces Directorate Changes Finnair Oyj announced that Of the current members of the Board of Directors Tiina Alahuhta-Kasko, Montie Brewer and Henrik Kjellberg have informed that they will not be available for re-election at the Annual General Meeting to be held on 27 March 2025. Announcement • Sep 10
Finnair Oyj Announces Management Changes Finnair Oyj has appointed Simon Large(BA) as Chief Customer Officer as of 1 October 2024 and Christine Rovelli(MBA) as Chief Revenue Officer as of 10 September 2024. Finnair’s current Chief Commercial Officer Ole Orvér will leave his position in Finnair Executive Board and work as executive advisor at Finnair until 31 December 2024. Simon Large will head Finnair’s new Customer Experience, Loyalty and Marketing Unit and be responsible for driving Finnair’s product offering, marketing and brand, global sales, and a part of customer service functions, as well as Finnair’s Aurinkomatkat package tour business. Christine Rovelli will head a new Network, Fleet and Sustainability unit, comprising fleet, network, revenue management, alliances and airline partnerships functions, and sustainability. Finnair has also appointed Jaakko Schildt, Chief Operating Officer as Deputy to the CEO (Chief Executive Officer), and Chief Information Officer Antti Kleemola as Chief Digital Officer. Finnair’s Strategy function will move under the responsibility of Chief Financial Officer Kristian Pullola. These appointments come into force as of 10 September 2024, further strengthening the roles of the management team in implementing Finnair’s strategy. Christine Rovelli currently serves as Senior Vice President, Strategy and Fleet at Finnair, and has worked in senior leadership roles at Finnair since 2012, and prior to that, had a career in investment banking. Simon Large has been a Finnair Board of Directors member since 2022 and before that, served in senior leadership roles in Cathay Pacific. He resigns from his position at the Finnair Board on 30 September 2024. Announcement • Jul 20
Finnair Oyj Provides Earnings Guidance for the Full Year 2024 Finnair Oyj provided earnings guidance for the full year 2024. Finnair now estimates that its revenue in 2024 will be within the range of 3.0-3.2 billion euros. The company also estimates that its comparable EBIT will be within the range of 110-180 million euros in 2024. Announcement • Mar 21
Finnair Oyj Announces Committee Changes In its constitutive meeting, held after the annual general meeting, the board of directors of Finnair Oyj appointed Jussi Siitonen as a member of the audit committee. Audit Committee: Jukka Erlund as the Chair of the Audit Committee and Montie Brewer, Henrik Kjellberg, Jussi Siitonen and Sanna Suvanto-Harsaae as other members of the Audit Committee. The board also elected Hannele Jakosuo-Jansson as the Chair of the People and Remuneration Committee and Tiina Alahuhta-Kasko, Simon Large and Sanna Suvanto-Harsaae as other members of the People and Remuneration Committee. Announcement • Mar 20
Finnair Plc Appoints Jussi Siitonen to its Board Finnair Plc announced at its Annual General Meeting held on March 18, 2024, that Jussi Siitonen was elected as a new member to the Board of Directors. Announcement • Feb 20
Finnair Oyj to Report Fiscal Year 2023 Final Results on Feb 19, 2024 Finnair Oyj announced that they will report fiscal year 2023 final results on Feb 19, 2024 Announcement • Feb 01
Finnair Plc Announces Management Changes Finnair Plc announced Minna Pajumaa has informed the Shareholders' Nomination Board that she will not be available for re-election at Annual General Meeting to be held on 18 March 2024. Composition of the Shareholders' Nomination Board: The members of the Shareholders' Nomination Board are Kimmo Viertola, Senior Ministerial Adviser, Financial Affairs, Government Ownership Steering Department; Timo Sallinen, Senior Vice President, Investments, Varma Mutual Pension Insurance Company; and Jukka Vähäpesola, Head of Equities, Elo Mutual Pension Insurance Company. Shareholders' right to appoint their representatives in the Shareholders' Nomination Board was based on the shareholder register of 1 June 2023. Announcement • Jan 11
Finnair Oyj Announces CEO Changes Finnair has appointed Turkka Kuusisto (44, MSc. Tech) as CEO of Finnair and he will start in this role on 11 July 2024 at the latest. Kuusisto joins Finnair from Posti Group Corporation, where he has served as the CEO since 2020. Prior to his CEO role in Posti Group Corporation, Kuusisto served in senior leadership positions in Posti Group Corporation and in Lindorff Group. Finnair's current CEO Topi Manner will leave the company on 15 January 2024 to later take on the role of CEO at Elisa Corporation. Jaakko Schildt, Chief Operating Officer of Finnair, will act as an interim CEO between 15 January and the start of the new CEO. Announcement • Oct 26
Finnair Oyj Reiterates Operating and Earnings Guidance for the Full Year 2023 Finnair Oyj reiterated operating and Production Guidance for the full year 2023. The company, reiterated its capacity guidance estimating that in 2023, it will operate an average capacity of 80% to 85%, as measured in ASKs, compared to 2019. The capacity estimate also includes the agreed wet leases. The Company specified its previous guidance for full-year 2023 revenue and now estimates it to be in the range of EUR 2.9 billion to EUR 3.1 billion. The company also specified its previous guidance for full-year 2023 comparable operating result and now estimates it to be in the range of EUR 160 million - EUR 200 million. The company's comparable operating result estimate is based on the current fuel price and exchange rates. Announcement • Oct 06
Finnair Oyj Provides Earnings and Production Guidance for the Year 2025 Finnair Oyj provided earnings and production guidance for the year 2025. The company seeks to achieve a comparable operating profit margin of 6% by the end of 2025.The company's overall capacity, measured in Available Seat Kilometres (ASK), would increase by more than 15% from 2023 to 2025. Announcement • Sep 19
Finnair Oyj Announces Board Changes Finnair Oyj as a member of the Nomination Board Hanna Hiidenpalo, Chief Investment Officer, Elo Mutual Pension Insurance Company, is replaced by Jukka Vähäpesola, Head of Equities, Elo Mutual Pension Insurance Company. The composition remains otherwise unchanged. The other members are Kimmo Viertola, Director General of the Ownership Steering Department in the Prime Minister's Office of Finland; and Timo Sallinen, Senior Vice President, Investments, Varma Mutual Pension Insurance Company. Announcement • Aug 19
Finnair Oyj Announces Resignation of Topi Manner as CEO Finnair’s CEO, Topi Manner, has given notice of his resignation from the company to join Elisa Corporation as their new CEO, starting at the latest on 1 March 2024. Until then, Manner continues as normal in his CEO role at Finnair. The search for Manner’s successor starts today. Announcement • Jul 23
Finnair Oyj Reiterates Earnings Guidance for the Full Year 2023 Finnair Oyj reiterated earnings guidance for the full year 2023. The company reiterates its previous guidance, estimating that its 2023 revenue will significantly increase year-on-year but will not yet reach the level of 2019 (EUR3,097.7 million). The company specifies its guidance related to full year 2023 comparable operating result provided in connection with the positive profit warning published on 13 June 2023 and now estimates that it will be within the range of EUR 150 million to EUR 210 million. Announcement • Jun 15
Finnair Oyj Announces Composition of Shareholders' Nomination Board Finnair Oyj announced that the following persons have been appointed to company's Shareholders' Nomination Board: Kimmo Viertola, Director General of the Ownership Steering Department in the Prime Minister’s Office of Finland; Timo Sallinen, Senior Vice President, Investments, Varma Mutual Pension Insurance Company; and Hanna Hiidenpalo, Chief Investment Officer, Elo Mutual Pension Insurance Company. According to the resolution by Finnair’s 2023 Annual General Meeting, the Shareholders' Nomination Board is a permanent body in Finnair's corporate governance and consists of three members who are appointed annually. Announcement • Jun 14
Finnair Oyj Provides Earnings Guidance for the Year 2023 Finnair Oyj provided earnings guidance for the year 2023. Contrary to the previous guidance, the company estimates that the comparable operating result will probably reach or even exceed the 2019 level (EUR 162.8 million). In terms of 2023 revenue, Finnair still estimates that it will not yet reach the 2019 level (EUR 3,097.7 million). Announcement • May 24
Finnair Oyj Announces Executive Changes Finnair Oyj has appointed Kaisa Aalto-Luoto (43) as Finnair's Chief People Officer and member of the Executive Board. Aalto-Luoto will start in her new role at the latest on 23 November 2023. Johanna Karppi, Finnair's current Senior Vice President, Human Resources, continues in her role until autumn 2023 and will leave Finnair at a date to be decided later. Kaisa Aalto-Luoto currently works as Chief Human Resources Officer at Sanoma Media. She has previously worked as Senior Vice President, Human Resources and Communications in Outotec, and has a long career in demanding HR management positions at Outotec and Mandatum Life. Announcement • Feb 15
Finnair Oyj Provides Operating Guidance for the Year 2023 and Earnings Guidance for the First Quarter and Full Year 2023 Finnair Oyj provided operating guidance for the year 2023 and earnings guidance for the first quarter and full year 2023. Finnair estimates that in 2023, it will operate an average capacity of 80% - 85%, as measured in ASKs, compared to 2019. The capacity is impacted by the development of demand, e.g., increase in travel in Chinese routes, and potential leases of aircraft with crew to other airlines. Finnair estimates that the strong demand for travel will continue in the short-term, supporting its unit revenues as in the second half of 2022, but the continuing general economic uncertainty will weaken the visibility of travel demand development during 2023. With the fading impacts of the pandemic following the opening of China, Finnair expects normal seasonality to return. Accordingly, the first quarter of the year is seasonally the weakest and results typically in negative EBIT, while the summer months are the high season in travel.Finnair estimates that its 2023 revenue will significantly increase year-on-year, especially as the first half of 2022 was heavily burdened by both the pandemic and the closed Russian airspace. Nonetheless, the company estimates that its revenue will not yet reach the level of 2019. Announcement • Jan 24
Finnair plc Announces Nomination Board Changes The composition of Finnair's Shareholders' Nomination Board changes as the chair of the Nomination Board Minna Pajumaa, Senior Financial Counsellor of the Ownership Steering Department in the Prime Minister's Office of Finland, is replaced by Kimmo Viertola, Director General of the Ownership Steering Department in the Prime Minister's Office of Finland. The composition remains otherwise unchanged. The other members are Timo Sallinen, Senior Vice President, Investments, Varma Mutual Pension Insurance Company; Esko Torsti, Head of Cross Asset Allocation, Ilmarinen Mutual Pension Insurance Company; and Jouko Karvinen, Chairman of Finnair's Board of Directors.