The airline, based in Vantaa near Helsinki, wants to reduce its costs by an estimated 15 percent compared to the pre-corona year 2019.

Personnel costs will also be affected, according to the company's published announcement. In order to reduce costs, Finnair wants to reduce its aircraft fleet and also put its route network to the test. "The changes in our operating environment require a new strategy and a significant renewal of Finnair, especially in terms of costs," said Finnair CEO Topi Manner. The aim is to build a leaner airline that can be as profitable as it was before the corona pandemic.

So far, the carrier has mainly relied on long-haul flights from Europe to Asia, which was severely affected by lockdowns in China, for example, during the pandemic. Russia's war of aggression against Ukraine also prevented the airline from flying a shorter northern route through Russian airspace, driving up flight times and also fuel costs.