Finnair maintains its cash funds by agreeing an extension on its 600-million-euro pension premium loan
Finnair Plc Stock Exchange Release 12 December 2022 at 1.30 p.m. EET Finnair announced in its Stock Exchange Release on 20 May 2020 that the Finnish Government has approved that the State of Finland guarantees Finnair’s pension premium loan up to 540 million euros. With the state guarantee and the following pension premium loan, Finnair aimed to further secure its cash position and business continuity also after the exceptional situation caused by the corona crisis. Further, a commercial bank guaranteed up to 60 million euros of the loan. The arrangement was