Finnair and Shanghai-based Juneyao Air have signed
a Letter of Intent to deepen their
cooperation between China and Europe subject to required
regulatory approvals.
The aim is to establish a joint venture on the
Helsinki – Shanghai route that would enable the two airlines to
offer a seamless travel
experience through a wider choice of destination, schedule and
fare options via their main hubs, Helsinki Airport (HEL) and Pudong International Airport (PVG).
“Despite these immensely challenging times for our
industry, we at Finnair remain steadfast in our belief and
commitment to China as a key market and to Juneyao Air as a key
partner,”
said Ole Orver, Chief Commercial Officer at Finnair. “Over the last year we have built up a close and mutually
beneficial partnership with Juneyao Air. Taking the important step
to evolve this into a deeper cooperation focused on our Shanghai
and Helsinki hubs will allow us to not only serve our current
customers even better, but also to lay a platform for further
growth in the future, once the aviation market starts to normalise.”
Juneyao Air launched its route from Shanghai to
Helsinki in July 2019, and since then both Finnair and Juneyao Air
have been codesharing on each other´s Helsinki-Shanghai routes
and on selected routes from Helsinki to Europe and from Shanghai
to other destinations in China.
A reciprocal agreement for Finnair
Plus and Juneyao Air Club member was also implemented in August
2019, allowing customers to earn and redeem miles and points
throughout each partner’s entire network.
Once implemented, the joint venture cooperation
will enable significant further expansion of codesharing across
the networks of both partners, particularly to key points behind
Shanghai Pudong and Helsinki, as well as the introduction of
enhanced benefits for frequent travelers.
Mr Yu Chengji, Executive Vice President
of Juneyao Air, said, “The aviation industry has encountered tough
situations. Nevertheless, we consistently and optimistically trust
in our emphasized China-Europe market and partnership with
Finnair. We have been in comprehensive cooperation with Finnair
and have obtained a mutually trustworthy and beneficial
partnership with shared visions and values. Expanding the
partnership enables us to accelerate further development and to
serve passengers better with diversified choices and broadened
network coverage.”
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