Finnair finds solution in personnel savings

Finnair today reached an agreement in negotiations with five of its unions on means of finding savings in personnel expenses. Agreed upon savings targets include, among others, holiday and incentive bonuses for the year 2002 and general pay increases previously agreed upon in collective labour agreements.

With these measures, four-week lay-offs discussed in the negotiations can be avoided or considerably shortened. The aim of the agreement is to carry out the savings without weakening the level of service.

The agreeing parties include unions representing office workers, technical workers, pilots, engineers and managers.