Finnair Plc (HEX:FIA1S) said it has noted that there has been speculation in the media regarding a potential bid for Finnair by British Airways or IAG.
Finnair is not active, and is not aware of its shareholders being active, in any such negotiations.
Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki´s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. In 2014, Finnair´s revenues amounted to EUR 2,400 million and it had a personnel of almost 4,500 at the year-end. Finnair Plc´s shares are quoted on Nasdaq Helsinki.
