FIA1S on Nasdaq Helsinki Ltd

Finnair

Logo: Finnair, Mikael Kivelä, Public domain, via Wikimedia Commons4

National airline of Finland

Finnair Plc (Finnish: Finnair Oyj, Swedish: Finnair Abp) is the flag carrier and largest full-service legacy airline of Finland, with headquarters in Vantaa on the grounds of Helsinki Airport, its hub. Finnair and its subsidiaries dominate both domestic and international air travel in Finland. The majority shareholder is the Finnish State, which owns 55.68% of shares through the Prime Minister's Office.2 Its chief executive is Turkka Kuusisto.1 It employed 5,918 people in 2017.1 Its revenue was €2.6 million in 2017.1 Its shares trade on Nasdaq Helsinki Ltd under the symbol FIA1S.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Sep 12, 1923Founded1

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  • TickerFIA1S on Nasdaq Helsinki Ltd1
  • Industrycommercial aviation1
  • HeadquartersVeromies1
  • Founded inHelsinki1
  • Websitewww.finnair.com
  • Legal formosakeyhtiö, julkinen osakeyhtiö1
  • LEI213800SB6EOB8SSK9W633
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressTIETOTIE 9, 01530 Vantaa, Finland3
  • Registered withFinnish Patent and Registration Office, 0108023-33
Airbus A350-941 'OH-LWA' Finnair (22457807972)
Photo: Alan Wilson from Stilton, Peterborough, Cambs, UK, CC BY-SA 2.0, via Wikimedia Commons6

Finnair Plc (Finnish: Finnair Oyj, Swedish: Finnair Abp) is the flag carrier and largest full-service legacy airline of Finland, with headquarters in Vantaa on the grounds of Helsinki Airport, its hub. Finnair and its subsidiaries dominate both domestic and international air travel in Finland. The majority shareholder is the Finnish State, which owns 55.68% of shares through the Prime Minister's Office. Finnair is a member of Oneworld alliance. Founded in 1923, Finnair is one of the oldest airlines in continuous operation and is consistently listed as one of the safest in the world. The company's slogans are Designed for you and The Nordic Way.2

Corporate structure

Finnair sits at the top of its group. 10 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Finnair reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founding

In 1923, consul Bruno Lucander founded Finnair as Aero O/Y (Aero Ltd). The company code, "AY", stands for Aero Osake-yhtiö ("yhtiö" means "company" in Finnish). Lucander had previously run the Finnish operations of the Estonian airline Aeronaut. In mid 1923, he concluded an agreement with Junkers Flugzeugwerke AG to provide aircraft and technical support in exchange for a 50% ownership in the new airline. The charter establishing the company was signed in Helsinki on 12 September 1923, and the company was entered into the trade register on 11 December 1923. The first flight was on 20 March 1924, from Helsinki to Tallinn, Estonia, on a Junkers F.13 aircraft equipped with floats. The seaplane service ended in 1936 following the construction of the first aerodromes in Finland.

World War II

Air raids on Helsinki and other Finnish cities made World War II a difficult period for the airline. Half of the fleet was requisitioned by the Finnish Air Force and it was estimated that, during the Winter War in 1939 and 1940, half of the airline's passengers from other Finnish cities were children being evacuated to Sweden.

Immediate postwar period

The Finnish government wanted longer routes, so it acquired a majority stake in the company in 1946 and re-established services to Europe in November 1947, initially using the Douglas DC-3. In 1953, the airline began branding itself as Finnair. The Convair 440 twin-engined pressurised airliner was acquired from January 1953, and these faster aircraft were operated on the company's longer routes as far as London. It began branding as Finnair in 1953, though the legal name remained Aero O/Y.

Jet Age (1960s and 1970s)

In 1961, Finnair joined the jet age by adding Rolls-Royce Avon-engined Caravelles to its fleet. These were later exchanged with the manufacturer for Pratt & Whitney JT8D-engined Super Caravelles. In 1962, Finnair acquired a 27% controlling interest in a private Finnish airline, Kar-Air. Finnair Oy became the company's official name on 25 June 1968. In 1969, it took possession of its first U.S. made jet, a Douglas DC-8. The first transatlantic service to New York was inaugurated on 15 May 1969. In the 1960s, Finnair's head office was in Helsinki.

Finnair received its first wide-body aircraft in 1975, two DC-10-30 planes. The first of these arrived on 4 February 1975 and entered service on 14 February 1975, flying between Helsinki and New York City, later between Helsinki and Las Palmas.

Finnair created Finnaviation in June 1979. It was formed from the reorganisation of Wihuri Oy Finnwings (which had started services in 1950 as Lentohuolto Oy) and its merger with Oy Nordair Ab. Scheduled domestic services began in October 1979. In the early 1980s, Finnair held a 60% shareholding. In September 1996, Finnaviation was completely merged into Finnair.

Expansion (1980s)

In 1981, Finnair opened routes to Seattle and Los Angeles. Finnair became the first operator to fly non-stop from Western Europe to Japan, operating Helsinki–Tokyo flights with a modified McDonnell Douglas DC-10-30ER in April 1983. Until then, flights had to go via Moscow (Aeroflot, SAS, BA) or Anchorage (most carriers) due to Soviet airspace restrictions, but Finnair circumvented these by flying directly north from Helsinki, over the North Pole and back south through the Bering Strait, avoiding Soviet airspace. However, Finnair did not have to make a roundabout because of the Soviet regulation on this route, but the Japanese authorities demanded it (as JAL requested strongly). The aircraft was fitted with extra fuel tanks, taking 13 hours for the trip. The routes through Soviet airspace and with a stopover in Moscow also took 13 hours, but flights with a stopover in Anchorage took up to 16 hours, giving Finnair a competitive edge. In the spring of 1986, Soviet regulators finally cleared the way for Air France and Japan Airlines to fly nonstop Paris-Tokyo services over Soviet airspace, putting Finnair at a disadvantage.

Finnair launched a Helsinki-Beijing route in 1988, making Finnair the first Western European carrier to fly non-stop between Europe and China. In 1989, Finnair became the launch customer for the McDonnell Douglas MD-11, the first of which was delivered on 7 December 1990. The first revenue service with the MD-11 took place on 20 December 1990, with OH-LGA operating a flight from Helsinki to Tenerife in the Canary Islands.

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Subsidiary airlines (1990s–2000s)

In 1997, the subsidiaries Kar-Air and Finnaviation became wholly owned by Finnair and were integrated into the mainline operations. On 25 September 1997, the company's official name was changed to Finnair Oyj.

In 1999, Finnair joined the Oneworld airline alliance. In 2001, Finnair reused the name "Aero" when establishing Aero Airlines, a subsidiary airline based in Tallinn, Estonia.

In 2003, Finnair acquired ownership of the Swedish low-cost airline, FlyNordic, which operated mainly within Scandinavia. In 2007, Finnair sold all its shares in FlyNordic to Norwegian Air Shuttle. As part of the transaction, Finnair acquired 4.8% of the latter company, becoming its third largest shareholder. Finnair later sold their shares in 2013.

In 2006, Finnair ordered 11 Airbus A350 aircraft including an additional 8 options, with deliveries starting in 2015.

Labour disputes and restructuring (2006–present)

Finnair has suffered from many labour disputes in this period, resulting from cost-cutting measures prompted by competition from budget airlines.

On 1 December 2011, Finnair transferred its baggage and apron services to Swissport International as per a five-year agreement signed on 7 November 2011.

As of 2022, it transported about 2.9 million passengers, a substantial decrease from 2019 as COVID-19 pandemic shut down airports and airlines due to travel restrictions. At the end of 2022, the airline employed 5,325 people on average. From 2022 onwards, the Russian airspace closure resulting from the Russian invasion of Ukraine has forced Finnair to suspend some services to Asia.

In March 2023, Finnair announced it would terminate domestic flights from both Tampere and Turku to Helsinki in favour of coach service due to low demand and the short distance.

From Wikipedia’s article on Finnair, shared under CC BY-SA 4.0.5

Leadership

Who has led Finnair, and when. Pick a name to see everywhere that person has worked.

Products and brands

Destinations

Finnair flies from its Helsinki hub to over 80 destinations in over 35 countries in Asia, Europe and North America. Finnair also serves six destinations in the United States. Previously, the airline has served Africa and South America, including countries such as Egypt, Colombia and Brazil, but primarily on a leisure basis. Finnair has over 10 domestic destinations. Domestic flights are operated in co-operation with the airline's subsidiary Nordic Regional Airlines.

In 2021, Finnair opened five routes from Stockholm–Arlanda to Bangkok–Suvarnabhumi and Phuket in Thailand, as well as New York–JFK, Miami and Los Angeles in the United States. Those routes have been discontinued.

On 28 February 2022, Russia closed its airspace as a countermeasure to EU airspace closure. This meant many changes to Finnair's Asian services, as most of Finnair's flights between Europe and Asia had used the shortest, fastest, and most environmentally sound route over Russia. In response, on 9 March 2022, flight AY073 departed from Helsinki to Tokyo Narita via the North Pole. Back in 1983, Finnair was the first airline to fly non-stop from Europe to Japan by flying over the North Pole – so operating in the polar region is not new to Finnair.

Finnair announced a new route to Dallas/Fort Worth in 2022. Finnair also reintroduced flights to Seattle/Tacoma in 2022.

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Fleet

As of July 2026, Finnair operates the following aircraft:

As of July 2026, Nordic Regional Airlines operates the following aircraft for Finnair:

Airbus A319, A320 and A321

Finnair received its first narrow-body aircraft manufactured by Airbus, the Airbus A321, on 28 January 1999. Now, the airline operates a fleet of up to 15 A321s. The first Airbus A319 aircraft was delivered to Finnair on 20 September 1999. Since then, Finnair has received 11 A319s, but three of them are now retired. Finnair utilises Airbus A319, A320, and A321 aircraft on domestic and European flights. The Airbus A321-231 aircraft, which are equipped with Sharklets, are also used on some thinner long-haul flights such as to Dubai. ATR 72-500 and Embraer E190 are operated by Nordic Regional Airlines and are also used on domestic and European flights.

Airbus A330

Finnair received its first batch of Airbus A330-300s on 27 March 2009. Now the airline has eight of them in its fleet. As of July 2023, the airline utilises the A330 on intercontinental flights from Helsinki to Delhi, Mumbai, New York, Chicago, Seattle and Doha. The A330s are powered by General Electric CF6-80E1 engines. The aircraft are also being used on European services to Brussels and Amsterdam.

Airbus A350

In 2006, Finnair placed an order for 11 Airbus A350 aircraft with 8 additional options. On 3 December 2014, Finnair announced that it had exercised the option for eight additional A350 aircraft, with deliveries starting in 2018. Finnair took delivery of OH-LWA, its first A350, on 7 October 2015, becoming the third airline to operate the type after Qatar Airways and Vietnam Airlines. As of March 2026, Finnair has taken delivery of 18 A350 aircraft, with delivery of the 19th and final A350 scheduled for delivery in the latter half of 2026.

On 21 November 2016, the first intercontinental Finnair A350 service left Helsinki for Shanghai as AY57. Finnair mainly deploys the A350 on intercontinental routes, such as Helsinki to Bangkok, Hong Kong, Los Angeles, Nagoya, Osaka, Phuket, Seoul, Shanghai, Singapore, Tokyo Haneda and Tokyo Narita. Additionally, Finnair frequently operates the A350 on intra-European routes, such as Helsinki to London–Heathrow (AY1331/AY1332 and AY1337/AY1338) and Helsinki to Gran Canaria (AY1721/AY1722) for added passenger and/or freight capacity and range. The A350 also operates, albeit seldomly, flights from Helsinki to Amsterdam, Munich and Brussels.

Upcoming narrow-body fleet renewal

Due to an aging narrow-body fleet, Finnair plans to retire the Airbus A320 family and replace them with new generation aircraft. The airline estimates to invest up to €4 billion in fleet renewal between 2020 and 2025. Revealed at its Capital Markets Day on 12 November 2019, Finnair plans to grow the size of its fleet from the current 83 (as of November 2019) to approximately 100 by 2025, of which 70% is planned to be narrow-body aircraft and 30% wide-body aircraft. One-third of the total investment sum would be used for growth, while two-thirds would be to replace the current fleet. According to Bloomberg, Finnair will replace the old aircraft with either Airbus A320neo family or Boeing 737 MAX new generation aircraft. The carrier has also revealed that it is looking for suitable narrow-body aircraft for long-haul use.

On 18 December 2015, Finnair announced a EUR 40 million investment in reconfiguring the seating of aircraft in it Airbus narrow-body fleet, which would add 6 to 13 seats to each. Finnair also planned to increase its narrow-body fleet. As a first step, Finnair leased eight Airbus A321 narrow-body aircraft from BOC Aviation.

Finnair has occasionally suffered from aircraft shortages and therefore has resorted to leased and wet-leased aircraft. For instance, in March 2016, Finnair announced it would lease two Airbus A321 aircraft from Air Berlin for Finnair's European operations. These two aircraft were delivered in late April 2016 to Finnair. The airline used these A321s on flights from Helsinki to Amsterdam, Berlin, Copenhagen, Dubrovnik, Düsseldorf, Ljubljana, Paris, Split, Vienna, and Zürich. On 15 December 2016, Finnair announced it would lease two Airbus A321s from CDB Aviation Lease Finance. The first aircraft was scheduled for delivery to Finnair for the 2017-2018 winter season and the second for the 2018 summer season. Seven of the ordered aircraft were delivered in 2017.

The Finnair-branded short-haul network also includes 24 regional aircraft operated by Nordic Regional Airlines (12 ATR 72 and 12 E-190). In March 2026, Finnair ordered 18 new Embraer E195-E2 aircraft and used Airbus A320ceo to replace retired Airbus A320 fleet. The contract includes 16 options and 12 purchase rights, potentially bringing the E2-fleet to 46 aircraft. Finnair will source 12 A320 aircraft over the next few years. The younger aircraft will replace five A319ceos, with an average age of 24,8 years, plus the oldest A320ceos.

Recent wide-body fleet renewal

Finnair announced the order for 11 Airbus A350 XWB aircraft and 8 options on 8 March 2007. Finnair planned to retire older Airbus A340 aircraft by the end of 2017 and replace them with brand new A350 aircraft. As of 1 February 2017, all Airbus A340 aircraft are withdrawn from the fleet. The very last A340 (OH-LQE) operated its last flight from Tokyo to Helsinki on 1 February 2017. Finnair firmed up orders for eight additional A350 aircraft on 3 December 2014. The first A350 was delivered to Finnair in October 2015, and the airline became the first European operator of the Airbus A350.

As of November 2019, Finnair had 14 A350-900s, with a further 5 to be delivered between 2020 and 2022. The Finnish flag carrier also has considered switching some of the orders for the Airbus A350-900 to the Airbus A350-1000 aircraft but decided to keep the orders for only the A350-900. At the beginning of 2017, Finnair revealed plans to add more seats to some of the Airbus A350 aircraft in order to increase capacity by up to 13%. The new seat configuration has 32 seats in Business Class, 42 seats in Economy Comfort Class, and 262 in Economy Class, a total of 336 seats. This second seat configuration was initially planned to be used on routes with less business class demand such as Bangkok, Beijing, and Seoul, as well as on routes to leisure destinations but they have also been utilised on other busy routes such as Shanghai, Osaka, and Tokyo.

Finnair has modified its previous fleet plan to retire two of Airbus A330 aircraft, which was established in 2014. The 2016 fleet plan now involves keeping its A330 fleet as its A350s are delivered, rather than withdrawing two of them in 2017, and shall retire those aircraft sometime in the 2020s at the earliest. The airline's plan to retire two A330s was not the only change that was planned. Under the previous plan, the long-haul fleet was to grow by one per year, from 15 in 2015 to 20 in 2020. Under the 2016 plan, it was planned to grow to 22 in 2020, and to 26 in 2023. However, should market conditions be weaker than expected, Finnair has the flexibility to return the wide-body fleet to a total of 15 aircraft in 2019 and to maintain it at this level through to 2023. Some of the new A350 aircraft will increase the number of aircraft operated by Finnair.

Special liveries

Finnair has a long tradition of cooperation with the Finnish design house Marimekko, which can be seen both inside and outside of Finnair's aircraft. Two aircraft, OH-LTO and OH-LWL, are currently painted in the Unikko (poppy) and Kivet (stones) patterns respectively.

The Marimekko Metsänväki (forest folk) pattern was painted on an Airbus A330 registration OH-LTM, but was removed after the pattern was revealed to be a copy.

Elements of Finnish culture, such as Christmas, Finnish nature, the Moomins and Angry Birds have been featured in special liveries on Finnair aircraft.

Historical fleet

Finnair has previously operated the following equipment:

Finnair gallery

In livery chronological order

Finnaviation subsidiary historic fleet

In the early 1980s, the fleet of the Finnaviation subsidiary consisted of: an Aero Commander 690, a Beech 95-A55 Baron, Cessna F150J (2), a Cessna 401B, a Cessna F172M, a Cessna 401A, Cessna 404 Titan (2), a Cessna 441 Conquest, a Cessna 402B, a Cessna 425 Corsair, a Cessna F172P, Cessna F152 (2), Embraer EMB 110 Bandeirante (3), a Dassault Falcon 200, a Piper PA-28-140 Cherokee, a Piper PA-32-300 Cherokee Six and a Cessna T188C Husky.

Business class

Business class is offered on the entire Airbus fleet. On long-haul aircraft, the seats are equipped with personal in-flight entertainment. Zodiac Cirrus III seats are fitted in business class on all wide-body aircraft. Each seat has direct aisle access and reclines to a 78-inch full flat bed. In February 2022, Finnair unveiled new long-haul business class seats, alongside the debut of a premium economy cabin. The seats are based on the Collins Aerospace's Aerospace AirLounge. The seats are enclosed in a shell with no recline capabilities. According to the airline, this allows passengers to choose a wide variety of sitting and sleeping positions.

From Wikipedia’s article on Finnair, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. Nov 2015Acquired Nordic Regional Airlines1
  2. 1979Acquired Finnaviation1
  3. 1963Acquired Karair1

Employees over time

  • 20175,9181

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 20172.6M EUR1

Timeline

  1. May 12, 2003Renamed Name changed to Finnair Plc1
  2. May 12, 2003Renamed Name changed to Finnair Abp1
  3. Sep 25, 1997Renamed Name changed to Finnair Oyj1
  4. 1989Went public Listed on Nasdaq Helsinki Ltd1
  5. Dec 13, 1968Renamed Name changed to Finnair Oy1
  6. Jun 23, 1939Renamed Name changed to Aero O/Y1
  7. Sep 12, 1923Founded Founded in Helsinki1