Finnair cancels all flights to mainland China between 6 February and 29 February 2020 and to Guangzhou between 5 February and 29 March 2020
Finnair Plc Stock Exchange Release 31 January 2020 at 1.00 pm EET
Finnair is adapting its traffic program to and from mainland China
Due to the coronavirus and its impacts on air travel to and from mainland China, Finnair is adapting its traffic program as follows:
Finnair cancels all its flights to mainland China between 6 February and 29 February 2020.
Finnair cancels its two weekly flights to Guangzhou between 5 February and 29 March 2020.
As communicated in a press release on 27 January 2020, Finnair cancelled its flights to Beijing Daxing airport between 5 February and 29 March 2020.
As communicated in a press release on 27 January 2020, Finnair cancelled its flights to Nanjing between 8 February and 29 March 2020.
Finnair stops accepting bookings to its mainland China flights between 31 January and 29 February 2020.
Considering the currently available information and recommendations by authorities, Finnair will continue normal flight operations to and from Hong Kong for the time being. All Finnair operations are following closely instructions by health authorities such as the World Health Organisation and the Finnish Institute for Health and Welfare.
The first quarter and especially the weeks following the Chinese New Year are typically seasonally weak for Finnair’s mainland China routes in terms of profitability. Finnair currently estimates that the direct financial impact of group cancellations, ticket refunds and flight cancellations during the first quarter in 2020 is relatively limited, even in the case the mainland China cancellations would continue until the end of March 2020.
Finnair continues to monitor the situation closely and will provide further updates on the financial impacts in connection with its Q4 and full-year 2019 results communications on 7 February 2020.
Finnair communications, 358 9 818 4020, email@example.com
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Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair flies to 19 destinations in Asia, 8 in North America and over 100 destinations in Europe. Finnair is the only Nordic network carrier with a 4-star Skytrax ranking and a member of the oneworld alliance. In 2018, Finnair’s revenues amounted to EUR 2.850 million and it carried over 13 million passengers. Finnair Plc’s shares are quoted on Nasdaq Helsinki.