Finnair plans joint venture with China’s Juneyao Air
04/15/2020|9:48:29 PM|Seattletimes

Finnish carrier Finnair, which has focused heavily on routes to Asia, says it will deepen its cooperation with China’s Juneyao Air and aims to set up a joint venture with the airline to operate the Helsinki-Shanghai route.

The joint venture would enable the two carriers to offer an increased number of destinations, schedules and fare options via their main hubs, Helsinki Airport and Shanghai’s Pudong International Airport.

Like many other airlines, Finnair has been hit very hard by the COVID-19 crisis. The company has reduced its capacity by 90%, including scaling down its Asian flights and temporarily laying off most of its staff in the past few weeks.

“Despite these immensely challenging times for our industry, we at Finnair remain steadfast in our belief and commitment to China as a key market,” said Finnair’s Chief Commercial Officer Ole Orver.

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