By David Kaminski-Morrow2021-04-28T09:17:00+01:00
Finnair intends to adopt temporary measures to manage its single-aisle fleet after putting narrowbody modernisation plans on hold while the pandemic crisis persists.
Prior to the pandemic the airline had been discussing particularly the introduction of Airbus A320neos or “similar aircraft” from other suppliers, said chief executive Topi Manner during a first-quarter briefing.
“Narrowbody investment still part of our long-term plans, but not actually for the next couple of years,” he says.
“So instead, in terms of fleet management, we’ll be working with life extensions and optimisation of the fleet.”
The airline, which has postponed deliveries of remaining Airbus A350s, says the time horizon of the remaining fleet investment plan – including the narrowbody renewal – will be “reassessed”.
2021-04-27 14:35:43 GMT2021-04-27 22:35:43(Beijing Time) Xinhua English
HELSINKI, April 27 (Xinhua) Finland s flag carrier Finnair announced on Tuesday that its revenues dropped 79.8 percent and operating losses increased to 149.1 million euros (180 million U.S. dollars) in the first quarter (Q1) of 2021 due to the ongoing strict travel restrictions.
In the first three months of this year, the airline s net sales decreased by 79.8 percent to 113.6 million euros from 561.2 million euros in the corresponding period in 2020. Its operating result was a loss of 149.1 million euros, compared to a loss of 95.6 million euros one year earlier, according to a press release issued by Finnair on Tuesday.
Finnair hikes cost-base reduction target for a third time flightglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from flightglobal.com Daily Mail and Mail on Sunday newspapers.
Editorial Roundup: Wisconsin
Eau Claire Leader-Telegram. April 19, 2021.
Editorial: Wait and see right approach on Foxconn
Monday’s announcement that Gov. Tony Evers had negotiated a new deal with Foxconn wasn’t entirely a shock. The state had long expressed dissatisfaction with the company’s follow through on the original 2017 deal, and there had been strong signals it would be significantly altered.
According to Evers, the new agreement “works for everyone.” That’s an optimistic appraisal given Foxconn’s history, and one that Wisconsin can only hope is accurate.
To recap, Foxconn struck a deal worth nearly $4 billion in tax incentives with former Gov. Scott Walker in 2017. The company promised a $10 billion flat screen panel manufacturer in Mount Pleasant, and employment of as many as 13,000 people. That didn’t happen. The project was pared back until the state said Foxconn would not qualify for the incentives.
Editorial Roundup: Wisconsin startribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startribune.com Daily Mail and Mail on Sunday newspapers.