Finnair is preparing a partial update of the narrow fleet, indicating that it will include the 15 oldest Airbus A320 family of aircraft.
During the full year results briefing, CEO Turkka Kuusisto said the scope and timing of modernization will be detailed when the company has “confirmed calculations.”
However, he says that the average life expectancy of the oldest aircraft is “already exceeding 20 years.”
Finnair has 30 narrow aircraft consisting of 10 A320s, five A319s and five A321s.
The latest addition to the fleet was the Airbus A350-900 introduced in December, which raised the A350 fleet to 18.
One A350 delivery is outstanding. Finnair says it is expected to arrive in the second quarter of 2026, but is “probably” likely to be delayed in the second half. The carrier also has eight A330s.
During the fourth quarter, Finnair purchased two previously leased aircraft, the A350 and the A321. As a result, 34 of the 56 aircraft own it.
Norra, the regional division of Finnair, is undergoing renovations to the Embraer 190 cabin. Seven will be featured again this winter, and will be finished in 12 months.
Kuusisto said Finnair is expected to increase by 10% this year, but the “majority” of this comes from “callbacks” to fleets from “callbacks” from aircraft.
These include four narrow obstacles previously operated for British Airways, and two A330s flying for Qatar Airways.
According to Kuusisto, only the latest A350 distribution is the increase in “investment-based” capacity in 2025.
Finnair says that scaffolding in Asia is “still strong”, but the role of North Atlantic and European transport in its operations is growing, with capacity for 2025 “focusing” on the North Atlantic .
The overall capacity hike will help generate full-year revenues of around 3.3-3.34 billion euros ($3.5-3.6 billion) this year, with comparable operating profits of 100-200 million euros. I'm predicting it.
Airlines' revenues reached 3.05 billion euros last year, with the airline having comparable operating profits of 151 million euros. Its net profit was 37 million euros.
This year's Finnair's outlook does not include the impact of current industrial behavior by pilots over collective labor negotiations. The negative impact of this action in January was around 5 million euros.
