Finnair to Invest in New Cargo Airline

Nordic carrier Finnair Saturday said it has decided to invest, as a minority shareholder, in a new cargo airline based out of Finland to augment its current cargo capacity and to meet rising demand.


“This shareholding will provide us with additional, cost-efficient cargo capacity, thus enabling continued growth in the steadily increasing Asian freight markets,” says Antero Lahtinen, Finnair’s senior vice president (Cargo).


According to Lahtinen, the move is in line with the company’s long-term strategy of investing in the growth areas of the airline industry.


The new cargo airline plans to commence intercontinental freighter operations from Helsinki by later this year.


Meanwhile, the Nordic carrier said its lounge at Helsinki’s Vantaa airport’s has won an award for being the world’s best lounge by Priority-Pass – the world’s largest independent airport lounge programme.


The company’s lounge was chosen by 40,000 frequently travelling Priority Pass customers, out of 600 lounges in 300 cities.


 

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