Overview
Aero
This flying Finn sends passengers and cargo to more than 60 destinations (mainly in Europe and Asia) and in Finland. Along with its scheduled service, Finnair operates charter flights to resort destinations in the Canary Islands, the Caribbean, Latin America, the Mediterranean, and Southeast Asia. The carrier operates a diverse fleet of 46 aircraft from its hub in Helsinki. In addition, Finnair provides travel agency services, catering, package
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Read More tours, and aircraft maintenance. The Finnish government owns a controlling stake in Finnair, which was founded in 1923.
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Read More tours, and aircraft maintenance. The Finnish government owns a controlling stake in Finnair, which was founded in 1923.
Read Less
Turkka Kuusisto
See more contacts
Scheduled Air Transportation
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Support Activities for Air Transportation
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Air Transportation
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Transportation and Warehousing
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Air transportation, scheduled
See All Industries Aircraft maintenance and repair services
See Fewer Industries
See All Industries Aircraft maintenance and repair services
See Fewer Industries
Charter Bus Industry
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Couriers and Express Delivery Services
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Deep Sea, Coastal, and Great Lakes Water Transportation
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Freight Transportation Arrangement
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General Freight Trucking
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Inland Water Transportation
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Interurban and Rural Bus Transportation
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Local Messengers and Local Delivery
View more , Nonscheduled Air Transportation , Other Pipeline Transportation , Other Support Activities for Transportation , Other Transit and Ground Passenger Transportation , Pipeline Transportation of Crude Oil , Pipeline Transportation of Natural Gas , Postal Service , Rail Transportation , Scenic and Sightseeing Transportation, Land , Scenic and Sightseeing Transportation, Other , Scenic and Sightseeing Transportation, Water , School and Employee Bus Transportation , Specialized Freight Trucking , Support Activities for Air Transportation , Support Activities for Rail Transportation , Support Activities for Road Transportation , Support Activities for Water Transportation , Taxi and Limousine Service , Urban Transit Systems Warehousing and Storage
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View more , Nonscheduled Air Transportation , Other Pipeline Transportation , Other Support Activities for Transportation , Other Transit and Ground Passenger Transportation , Pipeline Transportation of Crude Oil , Pipeline Transportation of Natural Gas , Postal Service , Rail Transportation , Scenic and Sightseeing Transportation, Land , Scenic and Sightseeing Transportation, Other , Scenic and Sightseeing Transportation, Water , School and Employee Bus Transportation , Specialized Freight Trucking , Support Activities for Air Transportation , Support Activities for Rail Transportation , Support Activities for Road Transportation , Support Activities for Water Transportation , Taxi and Limousine Service , Urban Transit Systems Warehousing and Storage
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Actual
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Actual
$3.22 billion
Actual
2.02%
-85.45%
$3,721
DEC
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OMXHel:FIA1S
Contacts
Get in Touch with 5 Principals*
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Turkka KuusistoManaging Director
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$3.22 billion
USD
Actual
1 USD = 0.9456 EUR
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $648 | $499 | $274 |
| Net Investing Cash | -$303 | -$491 | -$80 |
| Net Financing Cash | -$412 | -$715 | $45 |
| Net Change in Cash | -$67 | -$707 | $239 |
| Cash at Beginning of Period | $748 | $1,455 | $1,216 |
| Cash at End of Period | $681 | $748 | $1,455 |
| Capital Expenditure | -$247 | -$427 | -$93 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $232 | $153 | $831 |
| Accounts Receivable | $104 | $100 | $95 |
| Inventories | $51 | $54 | $48 |
| Other Current Assets | $885 | $986 | $935 |
| Asset Summary | |||
| Total Current Assets | $1,272 | $1,293 | $1,908 |
| Tangible Fixed Assets | $2,263 | $2,229 | $2,242 |
| Intangible Assets | $2 | $2 | $3 |
| Total Assets | $3,721 | $3,698 | $4,133 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $62 | $113 | $95 |
| Short-Term Debt | $133 | $127 | $254 |
| Other Current Liabilities | $1,282 | $1,085 | $1,077 |
| Liability Summary | |||
| Total Current Liabilities | $1,476 | $1,325 | $1,426 |
| Long-Term Debt | $778 | $836 | $1,119 |
| Other Long-Term Liabilities | $8 | $7 | $7 |
| Total Liabilities | $3,272 | $3,300 | $3,936 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $80 | $80 | $80 |
| Retained Earnings | $ | $ | $ |
| Equity Summary | |||
| Total Equity | $663 | $610 | $434 |
| Shares Outstanding | 204,555,108 | 204,315,736 | 83,814,251 |