Good morning from Skift. It’s Thursday, September 7. Here’s what you need to know about the business of travel today.
Finnair CEO Resigns for Job in Digital Sector
25.08.2023 - 13:00 / skift.com / Edward Russell
Finnair CEO Topi Manner will end his nearly five-year tenure at the helm of the airline to lead Finnish telecom and digital services company Elisa.
Manner will continue in his role until a successor is named or March 1, 2024, whichever comes first, Finnair said Friday. The airline has begun the search for a new CEO, it added.
Manner took the helm of Finnair in 2019 and led it through, first, the Covid-19 pandemic that shut many of its main markets in Asia to international travel. Then, second, he faced the closure of Russian airspace that drastically altered where and how the airline could fly. Despite these challenges, it is widely agreed that Finnair is succeeding at restructuring its business; the carrier posted a €66 million ($72 million) operating profit and 8.8% operating margin in the second quarter.
Part of Finnair’s transformation includes pivoting away from some its bread-and-butter routes to Asia, and adding new flights to North America, India, and the Middle East. The airline has forged a new partnership with Qatar Airways, as well.
“Topi Manner has done a stellar job with his team in leading Finnair through the double crises of the Covid-19 pandemic and the closure of Russian airspace,” said Sanna Suvanto-Harsaae, the chair of Finnair board of directors. “Finnair has emerged from the double crises as a strong airline, as witnessed by our [second quarter] financial performance.”
The website maxtravelz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Autors
Popular Topics
insider.com
28.08.2023 / 20:37
I've lived in Southern California for more than a decade — here are 15 things anyone from here knows to be true
Born in Southern California and then lured back after college, I've spent more than a decade here — first southeast of Los Angeles and now northeast. I've traveled all across the region, down to the border of Mexico and up to San Francisco, journeying through our deserts, forests, beaches, and mountains.
skift.com
25.08.2023 / 14:45
DFW Airport CEO on the Value of Tech Investments for Swift Pandemic Recovery
Being ranked among the top 10 of the largest U.S. airports is no small feat, but it’s something that Dallas-Fort Worth International Airport has done repeatedly.
skift.com
25.08.2023 / 14:32
Delta CEO Calls for More FAA Funding After Outage
Delta Air Lines CEO Ed Bastian made a call to action for more funding and investment in the U.S. air traffic control system after an outage Wednesday disrupted more than 11,000 flights across the country.
skift.com
25.08.2023 / 14:30
Full Video: Dallas-Fort Worth Airport CEO at Skift Aviation Forum 2022
Sean Donohue, the CEO of Dallas-Fort Worth International Airport, has seen his airport make a significant rebound from the pandemic, becoming the world’s No. 2 in terms of passenger count.
skift.com
25.08.2023 / 14:26
Flight Meltdowns Are Biggest Airline Story of The Year
Good morning from Skift. It’s Friday, December 30, and here’s what you need to know about the business of travel today.
skift.com
25.08.2023 / 14:22
Time is up for Unprepared Travel Sectors, as China Gets Moving
If the sudden dropping of all restrictions by the Chinese government caught travel agents and tour operators off-guard, it begs the question: why?
skift.com
25.08.2023 / 14:20
Hilton CEO Calls for Immediate Action on Visa Backlogs
Good morning from Skift. It’s Thursday, February 2. Here’s what you need to know about the business of travel today.
skift.com
25.08.2023 / 14:19
A Brief Look at 16 New Travel Megatrends for 2023
Good morning from Skift. It’s Wednesday, January 11, and here’s what you need to know about the business of travel today.
skift.com
25.08.2023 / 14:17
Grazzy Raises $4.3 Million for Hotel Digital Tipping Fintech Platform
Two tech startups involved in the travel industry raised $15.3 million this week.
skift.com
25.08.2023 / 14:04
Digital Tipping Will Not Solve the Hotel Labor Shortage
The Agrarian Hotel, a 50-room hotel on the central coast of California, late last year added a feature that allows guests to tip housekeepers and other staff digitally.
skift.com
25.08.2023 / 14:04
Former American Airlines CEO Doug Parker Steps Down as Chairman
Former American Airlines CEO Doug Parker will step down as chairman and leave the carrier’s board of directors in April. The move ends his decade-long tenure in at the airline that began in 2013 after he successfully orchestrated American’s merger with US Airways.