Finnair (AY) said last week it will cut 280 maintenance jobs as it outsources engine and component services to Swiss SR Technics in a further move to cut costs. AY said it will also close down its engine servicing operations and reorganize its components division, which together employ 350 workers.
AY CEO Mika Vehviläinen told recently the carrier is considering new options for operating short-haul flights, including creating a joint venture carrier, as part of its cost-savings initiatives. Several Finnish media outlets have reported Air Berlin (AB) could be the partner. Vehviläinen told that a possible strategic partner could have a fleet of up to 150 aircraft.
AY said it would like to reduce operating costs on European short-haul routes by 20%-40%.
Article Source : ATW Daily News
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