Finnair’s CEO resigns

Finnair’s President and Chief Executive Officer, Jukka Hienonen, has resigned.

August 7: Finnair’s President and Chief Executive Officer, Jukka Hienonen, resigned after another set of poor financial results saw the airline post a fourth consecutive quarter-loss, this time at €26.1 million.

“A clear change of course is required,” he said. “I am not satisfied with the results achieved; the rate of change has been insufficient. Some personnel organisations have shown no willingness to adapt. It will require a lot of work and also a completely different way of thinking in terms of working conditions.”

Hienonen will continue as President and CEO for the next six months, his official notice period.

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