Finnair board approves long-term incentive plans as part of post-Covid revival

Flag carrier Finnair has announced its board of directors has given a collective thumbs-up to “long-term incentive plans” drawn up as part of a strategy to restore profitability. The “performance criteria” for the plans, Finnair said in a January 23 statement, are its earnings (EBIT) margins between 2023 and 2025. “The cash-based staff incentive plan 2023–2025 covers all those personnel groups who have contributed with savings agreements in the reduction of the company’s unit costs, which is one of the key actions of the strategy. The other incentive plan is share-based, and its participants include the Finnair Executive Board as