The agreement says that the current collective bargaining agreement for cabin crew will be extended by a year until 31 January 2025 and will be extended until the end of 2025.
Johanna Karppi, the head of people and culture at Finnair, said that we were pleased that we were able to find solutions together with our employees. Our goal is to regain profitability, as a result of the agreements with our employees. We are grateful that our employees have been willing to help solve our profitability challenge to safeguard the future of Finnair and jobs at Finnair. The airline has previously agreed on cost savings with pilots, senior clerical staff and engineers, as well as cabin crew based in Japan and South Korea. There are a number of local agreements designed to improve productivity with ground operations units and technical services staff.
The cost-cutting agreements cover 87 per cent of its staff.