The sale of Finnair Travel Retail’s airport shop operations has been completed

Report this content

Finnair Plc     Stock Exchange Release   1 October 2014   at 11:30 a.m EET

Finnair announced on 7 August 2014 the sale of its subsidiary Finnair Travel Retail’s shops at Helsinki Airport to World Duty Free Group.

The sale of the business has been completed on 1 October 2014. With the transaction, 58 of Finnair Travel Retail's employees transferred to World Duty Free Helsinki Ltd. as existing employees.

The transaction is a part of Finnair's restructuring program in which Finnair aims to focus on its core airline business. It has a positive impact of approximately 13 million euros on Finnair's 2014 result before taxes.

FINNAIR PLC

Further information:
Finnair communications, 358 9 818 4020, comms(a)finnair.com

Distribution:
NASDAQ OMX Helsinki
Principal media

Subscribe