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Air Finland Declares Bankruptcy  
User currently offlineilari From Finland, joined Jul 2005, 34 posts, RR: 0
Posted (2 years 2 months 4 days 4 hours ago) and read 16693 times:

Air Finland has just announced quitting all flights starting today, due to high fuel prices and too much competition in leisure flights, says CEO Mika Helenius.

http://www.iltasanomat.fi/matkat/art-1288479857120.html (link in Finnish only!)

[Edited 2012-06-26 08:10:20]

45 replies: All unread, showing first 25:
 
User currently offline717Flyer From Finland, joined Jun 2011, 303 posts, RR: 10
Reply 1, posted (2 years 2 months 4 days 4 hours ago) and read 16438 times:

A brief article in English:

http://yle.fi/uutiset/air_finland_out_of_business/6196080

So sad news.  


User currently offlinechootie From Germany, joined May 2007, 286 posts, RR: 0
Reply 2, posted (2 years 2 months 4 days 3 hours ago) and read 16415 times:

...just tooooo sad to see all these wonderful airlines go bust, due to the brain children of stocks and banks. Had we no crisis, I am sure they would have made it.

Kinda sick that in this day and age, the banks can make or break the airlines.         



chootie
User currently offlineokAY From Finland, joined Dec 2006, 652 posts, RR: 0
Reply 3, posted (2 years 2 months 4 days 3 hours ago) and read 16407 times:

You beat me to it telling about this. I once applied and got accepted for Air Finalnd as Cabin Crew. At the end I chose not to accept the place on the course. If I had decided otherwise, I'd be unemployed now. I hope all those who lost their jobs today will find new ones soon!

okAY


User currently offlineADent From United States of America, joined Dec 2006, 1378 posts, RR: 2
Reply 4, posted (2 years 2 months 4 days 3 hours ago) and read 16356 times:

For reference it looks like Air Finland has a fleet of 4 757s.


View Large View Medium
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Photo © Roberto Bianchi Piti Spotter Club



User currently offlineilari From Finland, joined Jul 2005, 34 posts, RR: 0
Reply 5, posted (2 years 2 months 4 days 3 hours ago) and read 16091 times:

Quoting chootie (Reply 3):
I am sure they would have made it.

It's not long ago when they kept telling how well or at least ok they were doing.


User currently offlineIdeekay From Switzerland, joined Jun 2012, 209 posts, RR: 1
Reply 6, posted (2 years 2 months 4 days 2 hours ago) and read 15885 times:

And another link: http://www.hs.fi/talous/Air+Finland+...iin++lennot+peruttu/a1305577884461 (also in Finnish)

There are about 1000 passengers which are in holiday, and they have a Air Finland ticked that don't count now anymore..!

[Edited 2012-06-26 09:54:53]

[Edited 2012-06-26 09:55:11]

User currently offlineIdeekay From Switzerland, joined Jun 2012, 209 posts, RR: 1
Reply 7, posted (2 years 2 months 4 days 2 hours ago) and read 15761 times:

Sorry for double post but now it is on their website: http://www.airfinland.fi/oy_air_finland_ltd/uutiset_ja_tiedotteet/ (finnish)

This is the statement in english:
Oy Air Finland Ltd, has ceased operations, leaving the bankruptcy petition. All Air Finland flights from 26.06.2012 has been canceled. We are deeply sorry for any ensuing inconvenience to customers.


User currently offlineFlyKev From United Kingdom, joined Jan 2006, 1381 posts, RR: 1
Reply 8, posted (2 years 2 months 4 days 2 hours ago) and read 15668 times:
AIRLINERS.NET CREW
FORUM MODERATOR

Always a shame to here - I flew on OH-AFI back when it was leased to (then almost bankrupt) airline FlyZoom for my flight to JFK - the plane wasn't anything to write home about but I did like their colourscheme.

I hope for the best for all the crew involved with them.

On a side note, who do you think will take their 757s?

Kev.



The white zone is for immediate loading and unloading of passengers only
User currently offlinecat3dual From United States of America, joined Jun 2012, 73 posts, RR: 0
Reply 9, posted (2 years 2 months 4 days 2 hours ago) and read 15660 times:

Quoting chootie (Reply 3):
Kinda sick that in this day and age, the banks can make or break the airlines.

Better the banks make or break them. The other option being the state-run method.

Airlines that do not provide positive returns will be shut down, on way or the other. And rightly so.


User currently offlineF9animal From United States of America, joined Dec 2004, 5027 posts, RR: 28
Reply 10, posted (2 years 2 months 4 days 2 hours ago) and read 15577 times:

Very sad to hear. I love their paint jobs on the 757. I sure hope the workers find work quick. I don't understand why airlines like those in the US can go chapter 11, and continue operating while fixing itself. Is this not an option on the other side of the pond?


I Am A Different Animal!!
User currently offlinePHX787 From Japan, joined Mar 2012, 7445 posts, RR: 17
Reply 11, posted (2 years 2 months 3 days 23 hours ago) and read 14815 times:

Do you think Finnair will take over the 75s or will they be sold elsewhere?


次は、渋谷、渋谷。出口は、右側です。電車とホームの間は広く開いておりますので、足元に注意下さい。
User currently offlineIdeekay From Switzerland, joined Jun 2012, 209 posts, RR: 1
Reply 12, posted (2 years 2 months 3 days 22 hours ago) and read 14612 times:

Quoting PHX787 (Reply 11):
Do you think Finnair will take over the 75s or will they be sold elsewhere?

No, finnair has actually 4 B757 and these will be sold, so I dont think that Finnair will buy these because Finnair is phasing out the B757.
Finnair will be an all Airbus Fleet, Embraer 190 are going to Flybe Nordic I guess.


User currently offlinetoobz From Finland, joined Jan 2010, 781 posts, RR: 0
Reply 13, posted (2 years 2 months 3 days 22 hours ago) and read 14556 times:

Quoting FlyKev (Reply 8):
On a side note, who do you think will take their 757s?
Quoting PHX787 (Reply 11):
Do you think Finnair will take over the 75s or will they be sold elsewhere?

My vote goes for DL  


User currently offlineHELyes From Finland, joined Oct 2010, 917 posts, RR: 1
Reply 14, posted (2 years 2 months 3 days 22 hours ago) and read 14463 times:

Well there goes Air Finland, never tried them, they even flew to BKK once.

Quoting PHX787 (Reply 11):
Do you think Finnair will take over the 75s or will they be sold elsewhere?
Quoting Ideekay (Reply 12):
No, finnair has actually 4 B757 and these will be sold, so I dont think that Finnair will buy these because Finnair is phasing out the B757.
Finnair will be an all Airbus Fleet, Embraer 190 are going to Flybe Nordic I guess

Yes, Finnair only has four 757's left. They all will be gone soon (not for sale, those all are leased) and replaced by the new A321 with sharklets from 2013, AY was the launch customer for that a/c type.


User currently onlinedavid_itl From United Kingdom, joined Jun 2001, 7370 posts, RR: 14
Reply 15, posted (2 years 2 months 3 days 22 hours ago) and read 14446 times:
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Quoting toobz (Reply 13):
My vote goes for DL

Fedex for me. Have seen a suggestion elsewhere that one was going to them this summer.


User currently offlinecotparampguy From United States of America, joined Jul 2008, 228 posts, RR: 0
Reply 16, posted (2 years 2 months 3 days 22 hours ago) and read 14339 times:

Quoting david_itl (Reply 15):

DL doesn't fly any 757s with RR engines, and Fedex doesn't want any wingletted 757s at the moment. Of course that can all change.


User currently offlineFaddypainter From United Kingdom, joined Jun 2010, 131 posts, RR: 0
Reply 17, posted (2 years 2 months 3 days 22 hours ago) and read 14300 times:

Just noticed on Flightradar that OH-AFM is on the move heading south towards London. Anyone know where it's going so soon after bankruptcy?

User currently offlinegarpd From UK - Scotland, joined Aug 2005, 2649 posts, RR: 4
Reply 18, posted (2 years 2 months 3 days 21 hours ago) and read 14162 times:

Quoting cotparampguy (Reply 16):

DL doesn't fly any 757s with RR engines

Their loss   



arpdesign.wordpress.com
User currently offlineaerokiwi From New Zealand, joined Jul 2000, 2700 posts, RR: 4
Reply 19, posted (2 years 2 months 3 days 21 hours ago) and read 14030 times:

Yet another Lila Designed airline livery leaves the skies. Delsey/VG, Air Holland, Air Finland, VLM (though the latter was purchased before it went belly up, I think). Seriously, it's like the Airways Magazine curse.

User currently offlinelightsaber From United States of America, joined Jan 2005, 13012 posts, RR: 100
Reply 20, posted (2 years 2 months 3 days 20 hours ago) and read 13503 times:
Support Airliners.net - become a First Class Member!

Sorry to see another airline fail.  
Quoting cotparampguy (Reply 16):
DL doesn't fly any 757s with RR engines, and Fedex doesn't want any wingletted 757s at the moment.

That was my thought.

Eventually I see FedEx working with Boeing for a wingleted certified 757BCF. But that is all about the money and there are enough non-wingleted 757s for now.

Lightsaber



Societies that achieve a critical mass of ideas achieve self sustaining growth; others stagnate.
User currently offlineadityashankar From Canada, joined Jun 2007, 51 posts, RR: 0
Reply 21, posted (2 years 2 months 3 days 20 hours ago) and read 13070 times:

No, not again.....I think we lost a lot of good airlines between 2010 and now!! Next in line, based on what i read (or still read) is Kingfisher airlines in India and American Airlines has been in trouble in recent months.


Spreading the Joy of Flight
User currently offlineprebennorholm From Denmark, joined Mar 2000, 6431 posts, RR: 54
Reply 22, posted (2 years 2 months 3 days 19 hours ago) and read 12578 times:

Quoting Faddypainter (Reply 17):
Just noticed on Flightradar that OH-AFM is on the move heading south towards London. Anyone know where it's going so soon after bankruptcy?

Semi qualified guess: Going back home to the owner - the leasing company.

When Malev folded a while ago their planes painted one long line on Flightradar from Budapest to (I think) Shannon.



Always keep your number of landings equal to your number of take-offs, Preben Norholm
User currently offlinePHX787 From Japan, joined Mar 2012, 7445 posts, RR: 17
Reply 23, posted (2 years 2 months 3 days 19 hours ago) and read 12074 times:

Quoting toobz (Reply 13):
My vote goes for DL
Quoting david_itl (Reply 15):
Fedex for me. Have seen a suggestion elsewhere that one was going to them this summer.

It all depends on the value of the aircraft itself....and of course with DL not liking RR Engines

Quoting cotparampguy (Reply 16):
Of course that can all change.

Could they change the engines ?



次は、渋谷、渋谷。出口は、右側です。電車とホームの間は広く開いておりますので、足元に注意下さい。
User currently offlineAlnicocunife From United States of America, joined Mar 2011, 164 posts, RR: 0
Reply 24, posted (2 years 2 months 3 days 18 hours ago) and read 11846 times:

Quoting PHX787 (Reply 23):
and of course with DL not liking RR Engines

Except for the L-1011 and B777ER's. Maybe they do not want to have two different engines on their B757. Of course they have two different engines on their B777 fleet and three on their B767?


25 cotparampguy : I meant Delta could decide it wants RR 757s. Not like they don't have enough subfleets as it is, why not add one more?
26 etops1 : USAirways is in the Market for some 757's .
27 mah584jr : I remember sitting in Helsinki airport early in the morning. It was quiet and I was just sitting, looking out at the parked planes in front of me. All
28 rikkus67 : More an unhappy coincidence, aerokiwi. I am sure Lila was able to create marketing for these airlines at a lower cost than some of the larger design
29 Post contains images Pe@rson : Or, in the USA, enter Chapter 11 and be restructured time and time again.
30 Burkhard : Very sad to see such a nice and good airline fail. And do so because the complete, private owned banking sector is broken. Look how the rating agencie
31 ogre727 : Why wouldnt fedex want wingleted 757s? Arent they proved to be more fuel efficient?
32 Post contains links Ideekay : Finnair will (maybe) start today, bringing back all passengers of Air Finland which are currently in the holidays. http://translate.google.ch/translat
33 TupolevTu154 : One of their 757's is sat at LGW after having been re-registered for FedEx with Air Finland titles painted out, minus wiglets.
34 Ideekay : You have some photos? I'm just thinking, why they remove the winglets?
35 Giancavia : Maybe Finnair could take Air Finlands badass paint scheme and apply it to their horrible looking fleet of dullness.
36 Finnaviation : OH-AFJ never had winglets.
37 TupolevTu154 : I don't have any photos I'm afraid, but I see it every day driving to and from work! The winglets haven't been removed, the aircraft never had them i
38 VV701 : It is taped "N967FD" and has been since at least 22 June. But I am not sure it is registered as such yet.
39 ASalo : OH-AFM and AFI were recently ferried to Perpignan with subsequent callsigns OHAFM and OHAFI. Presumably the positioning was done by the owner, ILFC. I
40 hhslax2 : Everything I've heard on here points to the wingspan being too wide for the gates in MEM.
41 Post contains links cotparampguy : Check this thread for discussion on Fedex and 757s. Question On FedEx 757 Fleet And Engines (by lightsaber May 2 2012 in Civil Aviation)#1
42 babybus : Sad to see another airline leave the skies but we only have one measure of success in business and that is profit. If it was such a great airline peop
43 BasilFawlty : They don't want wingletted 757's. I can see the two Air Finland 757's going to Jet2, as a replacement for the two leased Allegiant 757's which will r
44 cat3dual : I'm glad someone gets it.
45 Alnicocunife : The STC for cargo conversions does not cover aircraft with winglets.
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