Finnair Orders New Embraer Jets And Acquires Airbus Fleet Updates

6 articles | Updated 12h ago | Created 15h ago

Finnair has officially ordered eighteen new Embraer E195-E2 jets to replace aging aircraft in its fleet while simultaneously acquiring used Airbus planes from Brazil. The airline's stock plummeted on the Helsinki exchange following reports that a takeover bid is imminent, though management confirmed these orders are part of their strategic renewal plan rather than an immediate sale event.

Key Points

1

Finnair has announced a major fleet renewal by ordering eighteen new aircraft.
2

The airline will acquire the order from Embraer, Brazil's largest aerospace manufacturer.

Developments

Mar 23, 09:57 Finnair's stock fell after the airline announced a major acquisition deal.

Mar 23, 08:48 Investors from Finland and India invested in FinnAir; plans include ordering eighteen new aircraft with delivery starting next year. The order includes Embraer E195-ELE jets for the domestic market (Finland) as well as used Airbus A320neo, Boeing 767-40ERF/CFM LEAP engines and Pratt & Whitney PW8K engine options.

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