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Saturday, November 21, 2009 8:29 PM

Jukka Hienonen

Type: Person

Name: Jukka Hienonen

First Reported 11/14/2009 - Updated 11/14/2009 - 1 Documents (in Internet & IT)

Pilots Strike Called At Finnair

Finnair's efforts to avert a major labor dispute with its unions essentially failed. The Finnish Air Line Pilots' Association has walked away from labor talks and called for a strike, starting Monday.The pilots said no to a the plan put forward by Esa ... [Aviation Week - 11/14/2009]

Entities: Finnair Oyj, Labor Unions, Jukka Hienonen

First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents

British Airways plc

European carriers face industrial unrest, British Airways dips, Finnair gains

Shares in British Airways declined 0.8% yesterday, as the carrier’s cabin crew union, Unite launched a ballot for proposed industrial action.Ballot papers have been issued to over 12,000 BA staff. The papers are being issued on the same day that BA commences ... [Centre for Asia Pacific Aviation - 11/17/2009]

Entities: Finnair Oyj, British Airways plc, Austrian Airlines Group, Deutsche Lufthansa AG

First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents (in Corporate Deals)

Finnair sees 2009 losses at around 200 mln euros

HELSINKI - Struggling Finnish national carrier Finnair said on Monday it expected its operating losses this year to amount to around 200 million euros ($299.2 million).Finnair Chief Executive Jukka Hienonen was quoted by Finnish business daily Kauppalehti ... [International Business Times - 11/16/2009]

Entities: Finnair Oyj, Jukka Hienonen, Helsinki

First Reported 11/11/2009 - Updated 11/11/2009 - 2 Documents

Simon Beresford-Wylie

UPDATE 1-Finnair taps NSN's Vehvilainen as new CEO

HELSINKI, Nov 11 (Reuters) - Loss-making Finnish airline Finnair has named Mika Vehvilainen as its new chief executive effective Jan. 5, as the industry struggles with a collapse in demand during the global recession.'Finnair has all that it takes to ... [Forbes.com - 11/11/2009]

Entities: Finnair Oyj, Nokia Corporation, Jukka Hienonen, Simon Beresford-Wylie, Brett Young

First Reported 11/11/2009 - Updated 11/11/2009 - 1 Documents

Finnair appoints new CEO, president

HELSINKI: Finnair PLC said on Wednesday it has appointed Mika Vehvilainen, the chief operating officer of Nokia Siemens Networks, as president and CEO to replace Jukka Hienonen, who announced his resignation in August in ``crisis conditions.''Vehvilainen ... [Economictimes - 11/11/2009]

Entities: Finnair Oyj, Jukka Hienonen, Helsinki, Layoffs, Labor Unions

First Reported 11/12/2009 - Updated 11/12/2009 - 1 Documents

Turkish Airlines

Turkish Airlines adds excess capacity, load factor suffers

Shares in Turkish Airlines dipped 0.4% yesterday, upon the release of the carrier’s traffic results for the ten months ended 31-Oct-2009. The carrier increased its passenger numbers 10.1% year-on-year during the period, to 20.9 million, as international ... [Centre for Asia Pacific Aviation - 11/12/2009]

Entities: Turkish Airlines, Capacity Load, Deutsche Lufthansa AG, JetBlue Airways Corporation, Load Factor

First Reported 11/12/2009 - Updated 11/12/2009 - 1 Documents (in Internet & IT)

Nokia Corporation

Finnair taps Nokia executive as CEO

Finnair named Nokia Siemens Networks COO Mika Vehvilainen as its new president and CEO effective Feb. 1. He will succeed Jukka Hienonen, who is leaving the airline at the end of January . Vehvilainen, 48, will join Finnair on Jan. 5 and "has strong experience ... [Air Transport World - 11/12/2009]

Entities: Finnair Oyj, Nokia Corporation, Jukka Hienonen

First Reported 10/29/2009 - Updated 10/29/2009 - 1 Documents

Finnair Q3 loss widens 15%

HELSINKI - FINLAND'S national carrier Finnair PLC reported on Thursday its third-quarter net loss widened by 15 per cent as the recession hurt demand, and said it 'still has a long way to go' before being competitive.The 20.7 million euros (S$42.85 million) ... [Straits Times - 10/29/2009]

Entities: Finnair Oyj, Jukka Hienonen, Helsinki, Erosion, Finland

First Reported 10/29/2009 - Updated 10/29/2009 - 1 Documents

Finnair reports third quarter losses

Helsinki - Finnish flag carrier Finnair on Thursday reported a loss for third-quarter 2009 while turnover dropped by a fifth as demand for flights remained weak. The group posted a pre-tax loss of 28 million euros (41 million dollars), and a net loss ... [Earthtimes.org - 10/29/2009]

Entities: Finnair Oyj, Jukka Hienonen, Turnover, Helsinki, Aviation

First Reported 10/30/2009 - Updated 10/30/2009 - 1 Documents

Finnair loses €20.7 million in third quarter, sees tough times ahead

A "steep fall" in fares and weak domestic demand helped sink Finnair to a 20.7 million ($30.6 million) third-quarter loss, widened 16.3% from a 17.8 million deficit in the year-ago period, and left the carrier admitting it "still has a long way to go ... [Air Transport World - 10/30/2009]

Entities: Finnair Oyj, Jukka Hienonen, Load Factor, EBIT

First Reported 10/30/2009 - Updated 10/30/2009 - 1 Documents (in Market News)

Lufthansa gains on the release of the Group’s financial results, despite dour outlook

Shares in Lufthansa gained 2.6% yesterday, upon the release of the carrier’s financial results for the nine months ended 30-Sep-2009. The Group reported an operating profit of EUR226 million, which was down 76.3% year-on-year, as revenue fell 13.2% year-on-year ... [Centre for Asia Pacific Aviation - 10/30/2009]

Entities: Deutsche Lufthansa AG, Finnair Oyj, Jukka Hienonen, EBITDA

First Reported 11/11/2009 - Updated 11/11/2009 - 1 Documents

MIKA VEHVILÄINEN TO BE FINNAIR'S NEW PRESIDENT & CEO

The Board of Directors of Finnair Plc has appointed Mika VehviläinenM.Sc.(Econ.), 48, as Finnair's President and CEO as of 1 February 2010.Vehviläinen will join Finnair on 5 January 2010.Since 1991 Vehviläinen has been employed by Nokia and is currently ... [EuroInvestor.co.uk - 11/11/2009]

Entities: Finnair Oyj, Jukka Hienonen, Nokia Siemens Networks

Quotes

"the structure of demand has not essentially changed from the early part of the year. clearly lower demand for business travel and the consequent decline in the average price have cut revenues by more than a fifth" Chief Executive Jukka Hienonen said in a statement

Finnair reports third quarter losses [Earthtimes.org - 10/29/2009]

'Clearly lower demand for business travel and the consequent decline in the average price have cut revenues by more than a fifth,' Mr Hienonen said. "aircraft are flying with fairly reasonable passenger load factors, but the steep fall in the average price is eroding profitability."

Finnair Q3 loss widens 15% [Straits Times - 10/29/2009]

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Jukka Hienonen