4-Dec-2014 8:13 AM

Finnair firms options for eight A350-900s

Finnair announced (03-Dec-2014) the firming of eight options on A350-900 aircraft into firm orders, with the aircraft to be delivered from 2018. The announcement, valued at EUR1.9 billion at list prices, increases Finnair's total A350-900 orders to 19 aircraft. As part of the agreement, Airbus has agreed to acquire four A340-300 aircraft from the carrier between 2016 and 2017. The carrier stated the transaction would not have a significant effect on its operating profit for 2014 and 2015. Finnair CEO Pekka Vauramo said: "Our strategy centers on growth, taking advantage of the unique geographical location of our Helsinki Hub, which offers the fastest connections between Europe and Asia. The A350 XWB aircraft will be essential in delivering on our strategy, as they enable growth in both passenger and cargo traffic, offer our customers top class travel experience and considerably enhance our cost competitiveness. Firming up the order for additional eight Airbus A350 XWB aircraft demonstrates our commitment to growth and to operating a world class Airbus fleet." Airbus COO customers John Leahy added: "We share a long-standing relationship with Finnair and are delighted by this renewed confidence in our Widebody family. The A350 will integrate very well into Finnair’s all Airbus fleet." [more - original PR - English/Finnish] [more - original PR - Airbus]

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