Finnair and Shanghai-based Juneyao Air have signed a Letter of Intent to deepen their cooperation among China and Europe subject to necessary regulatory approvals.
The intention is to set up a joint venture on the Helsinki Shanghai route enabling Finnair and Juneyao Air to offer their corporate and leisure customers a seamless journey experience through a wider option of destination, schedule and fare options via their major hubs, Helsinki Airport (HEL) and Pudong International Airport (PVG).
Despite these immensely difficult periods for our market, we at Finnair remain steadfast in our belief and determination to China as a crucial market and to Juneyao Air as a key partner. Over the previous year we have constructed up a close and mutually useful partnership with Juneyao Air. Having the important step to evolve this into a deeper cooperation focused on our Shanghai and Helsinki hubs will let us to not only provide our existing buyers even superior, but also to lay a platform for further more growth in the potential, the moment the aviation market starts to normalise, says Ole Orver, Chief Commercial Officer at Finnair.
The aviation market has encountered tricky circumstances. Nonetheless, we persistently and optimistically belief in our emphasized China-Europe sector and partnership with Finnair. We have been in thorough cooperation with Finnair and have obtained a mutually reliable and useful partnership with shared visions and values. Expanding the partnership enables us to speed up further more progress and to provide travellers superior with diversified options and broadened network coverage., says Mr Yu Chengji, Executive Vice President of Juneyao Air.
Juneyao Air launched its route from Shanghai to Helsinki in July 2019, and since then both Finnair and Juneyao Air have been code sharing on each other´s Helsinki-Shanghai routes and on picked routes from Helsinki to Europe and from Shanghai to other places in China. A reciprocal agreement for Finnair Furthermore and Juneyao Air Club member was also carried out in August 2019, allowing customers to make and redeem miles and details in the course of each partners complete network.
Once carried out, the joint venture cooperation will enable significant further more expansion of codesharing across the networks of both partners, particularly to crucial details driving Shanghai Pudong and Helsinki, as well as the introduction of enhanced positive aspects for repeated travelers.
Finnair Media Desk, +358 9 818 4020, comms(a)finnair.com
Finnair site: www.bluewings.finnair.com
Finnair is a modern-day premium network airline, specialising in passenger and cargo visitors among Asia and Europe. Helsinkis geographical spot presents Finnair a competitive advantage, given that the fastest connections among lots of European places and Asian megacities fly more than Finland. Finnair is the only Nordic network carrier with a four-star Skytrax position and a member of the oneworld alliance. In 2019, Finnairs revenues amounted to EUR 3,098 million and it carried more than fourteen.seven million travellers. Finnair Plcs shares are quoted on the Nasdaq Helsinki inventory exchange.