On the back of strengthened financial position due to the rights issue, Finnair acquired six previously leased aircraft and repaid a part of its pension premium loan
Finnair Plc Stock Exchange Release 19 December 2023 at 9:00 a.m. EET Finnair executed a rights issue of 570 million euros in November 2023. Thanks to the strengthened balance sheet and cash funds resulting from the rights issue, Finnair has now purchased six previously leased A321 aircraft from BOC Aviation. Finnair will spend in excess of 200 million euros on the transaction, and its positive impact on both profit before taxes and cash flow will be in excess of 20 million euros per year over the next few years. Finnair has also repaid an additional