Finnair acquires six previously leased A321s; part repays pension premium loan

After strengthening its balance sheet and raising cash from a rights issue of €570 million (US$ 520 million) in November 2023, Finnair is closer to reaching its target of ‘reinstating shareholder distribution, based on the 2024 result, starting from Spring 2025,’ the carrier has confirmed. The additional capital has enabled the carrier to purchase six previously leased A321 aircraft from global aircraft leasing company BOC Aviation in a transaction worth in excess of €200 million ($219 million). The positive impact of this transaction on both pre-tax profit and cash flow will be in excess of €20 million ($20 million) per