HELSINKI — The Finnish national carrier Finnair says it will cut 700 jobs — over 10% of its total workforce — by the end of March 2021 due to the impact of the COVID-19 pandemic.
The airline based at the Helsinki Airport is heavily focused on Europe to Asia flights. It said Tuesday that some 600 of the cuts would be in Finland.
FInnair CEO Topi Manner said the job cuts are "necessary and inevitable. Finnair’s re-build requires us to be competitive when aviation gradually starts to recover. Therefore, in the future, we will have to do many things differently in order to succeed.”
The coronavirus pandemic has forced global airlines to halt most of their flights. Finnair has temporarily laid off a large part of its 6,500 staff and its flight traffic was down 91% in September from the previous year.