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2010-08-04 14:40:00 CEST 2010-08-04 14:40:02 CEST REGULATED INFORMATION Finnair Oyj - Company AnnouncementFINNAIR TO STRENGTHEN COOPERATION IN DOMESTIC FEEDER TRAFFICFINNAIR PLC STOCK EXCHANGE RELEASE 4.8.2010 at 3.40 pm Finnair intends to strengthen its domestic feeder traffic network by entering into a cooperation agreement with the airline Flybe, Europe's largest regional airline. Operations covered by the agreement include, among others, the Tampere, Turku and Tallinn routes. "We aim to strengthen our feeder operation on routes important for Finnair during the coming winter traffic season. Flybe is a respected UK operator with a modern fleet. Moreover, there will be Finnish cabin crews on all of the flights," says Ville Iho, Finnair's Senior Vice President Resources Management. Cooperation will begin at the end of October with three turboprop aircraft based at Helsinki airport, and the agreement may be extended, if necessary. "Flybe is highly suitable as a cooperation partner in our South and Central Finland traffic. The company's fleet and production structure support the operation of short routes. Expanding our cooperation base will give us flexibility to modify our feeder traffic network according to needs. Flybe is a potential partner as we strengthen our position on our home market in Scandinavia and in the Baltic Sea area," says Iho. Flybe was founded in 1979 to handle regional flight traffic in the UK and neighbouring countries. The company has expanded its operations, among others, through acquisitions. Flybe is harmonising its fleet around two types of aircraft: Embraer jets and Bombardier Q400 turboprop aircraft. The company operates more than 70 aircraft and has a 140 aircraft investment programme to expand its fleet. Flybe also has an extensive air transport training centre and provides aviation technical services. Finnair Plc Communications 4.8.2010 Further information: Ville Iho, Senior Vice President Resources Management, tel. +358 9 818 5252 |
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