View Full Version : Air Finland cease operation
All operations have being suspended since last night and the carrier has filed for bankruptcy.
Air Finland out of business | Yle Uutiset | yle.fi (http://yle.fi/uutiset/air_finland_out_of_business/6196080)
Not the first 757 charter operator in Europe to ditch as of late either.... sign of the times and developing market. You need to move with it, even in the charter game, people just don't want to be bringing in expensive 757's (unfortunately).
oceancrosser
26th Jun 2012, 17:35
expensive 757's
Pretty inexpensive to lease nowadays, and expected to come down further.
If you need the range, far superior to running a NG.
Flying Wild
26th Jun 2012, 20:23
Interesting as we were behind an Air Finland 757 charter for Monarch which departed BHX thus morning!
MKY661
26th Jun 2012, 21:23
Another one? Sad news. Good luck to all employees.
RoyHudd
27th Jun 2012, 20:48
First 2012 summer casualty.
overthewing
27th Jun 2012, 21:47
Well, Cimber closed in May. I know because I arrived at the desk in Copenhagen to find my tickets useless.
SWBKCB
28th Jun 2012, 05:47
Haven't Mint also gone?
Whenever I looked at Air Finland's ops over the years it always struck me how little utilisation they always got out of their 757 fleet, they never seemed to have picked up much work, despite which other Scandinavian charter carriers came across to Helsinki to pick up holiday flight work, to the extent of having based aircraft. You could tell this low utilisation by the way that they turned up periodically doing subcharters for other operators, but it's a long and expensive positioning run from Helsinki down to the main Western European departure countries to do a couple of substitutions.
A key market for any Finnish leisure carrier is Helsinki to the Canary islands. This long diagonal is about the longest run you can do within Europe, in winter there are multiple departures every day on the route. It's 2,600 nm, about a 6 hour flight time, and that's a push for an A321. For this reason, Finnair also have had 757s in their fleet for many years in charter configuration, as well as A321 for shorter European trunk scheduled routes. The peak on this route is in winter.