Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Finnish flag carrier Finnair has announced that they start to recruit 100 new pilots and 300 new flight attendants during current and next year. Additionally, the company will offer permanent employment to 200 fixed term cabin crew employees.
The airline said that increased traffic with Asia required significant investments in cabin crew numbers. The growing Asian traffic has also increased the number of passengers in European routes from Helsinki.
At present Finnair employs 666 pilots and co-pilots and around 1,600 cabin staff. Total number of personnel is 9,700. In June, Finnair announced it was to cut 670 jobs in subsidiaries and support functions due to restructuring.
Eurofound (2006), Finnair, Business expansion in Finland, factsheet number 63966, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63966.