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Finnishness first. An airline well positioned for the future

11-Aug-2008

Despite analysts’ negative responses to Finnair’s second quarter results, the national airline of one of Europe’s smaller airlines should be giving its 55.8% government shareholder a fairly comfortable feeling at present. With a young short haul fleet and a potentially bullet-proof Asian-focussed network, Finnair shares some of the positive attributes of the Gulf airlines, including a very strategically positioned home base. Its low cost profile also offers a good platform for profitable growth. [586 words]

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Graphs and data:

  • Finnair long haul route network, with frequencies. Summer 2008
  • Finnair passenger numbers growth by region
  • Finnair Group operating profit margin (EBIT margin): 1Q06 to 2Q08
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