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Formed in 2002 and started operations in 2003. Formed by eight individuals with many years of airline experience. International, scheduled & charter, passenger and cargo, jet airplane services.
Vantaa 01530, Finland
FINLAND (REPUBLIC OF FINLAND) COVERS AN AREA OF 338,145 SQ KM, ITS POPULATION IS 5.1 MILLION, ITS CAPITAL CITY IS HELSINKI, AND ITS OFFICIAL LANGUAGE IS FINNISH.
December 2002: 1 order (March 2003) 757-200, ex-Transavia (TAV), (ILF) 5 year leased. 2nd within 1 year.
January 2003: 2002 = 89,000 passengers.
Plans to launch charter operations in March 2003, to Antalya, Burgas, Las Palmas, Malaga, Nice, Tenerife, Trieste, and Varna.
Februar 2003: In April 2003, charters from Helsinki to Trieste on behalf of Domina Matka.
April 2003: Received its Air Operators Certificate (AOC).
1 757-200, Volar (LTE) wet-leased.
June 2003: 40 employees.
August 2003: In October 2003 through April 2004, charter flights, Stockholm (ARN) - Hurghada, October 2003 through January 2004, Lulea - Hurghada, and January 2004 thgrough April 2004 Ostersund - Hurghada, all for Detur.
757-2Q8ER (26269), ex-Avianca (AVI), (ILF) 5 year leased.
April 2004: Helsinki - Budapest (2/week).
May 2004: 1 757-28A (25622), ex-Air Holland (HOL), (ILF) 5 year leased.
December 2004: In April 2005, Helsinki - Rome Ciampino (757-200, 2/week).
January 2005: In 2004, carried 311,000 passengers.
November 2005: Air Finland (AFZ) is starting seasonal winter service from Helsinki to Bangkok. The airline will operate a weekly flight departing on Mondays and using one of its 757-200s with a technical stopover in Muscat, Oman.
June 2006: Air Finland (AFZ) in its third year of operation, said it earned a +€1.1 million/+$1.4 million profit and carried 404,000 passengers in 2005, numbers that "exceeded all its targets." Revenues were "slightly over" €51 million. It said it expects to carry more than >500,000 passengers in 2006 and its financial result "is expected to be better than the year before."
July 2006: Employees = 150.
March 2007: Air Finland (AFZ)’s turnover in the financial year starting on January 1, 2006, and closing on December 31, 2006, was approximately EUR 50 million. (AFZ)'s net profit amounted to record high +EUR 3.5 million. (AFZ) carried about 400,000 passengers in 2006.
”(AFZ) has gained a strong position in the European airline market,” said Mika Helenius, Managing Director of Air Finland. ”Our strategy based on a very diverse range of scheduled and charter flights, combined with our people-friendly and customer-oriented service concept, has proven successful. We plan to stay on that course,” continued Helenius. The current year had a positive start, as demand was strong, including also next winter season and the outlook for the entire year is good.
As a result of financing arrangements carried out by the company, the Berling Capital Group, which is owned by Esa Karppinen and his family has become the new majority shareholder of (AFZ) with a 55% stake of the company’s shares. Karppinen is also a member of (AFZ)’s Board of Directors. (AFZ)’s operational management retains a 45% stake in the company.
Oy Air Finland Ltd (AFZ)
Managing Director, Mika Helenius
Mobile +358 40 90 30 250
Berling Capital Ltd is the parent company of the Berling Capital Group, a Finnish-owned private company. The Group employs about 700 people and its turnover in 2006 amounted to approximately EUR 227 million, with an operating result of about EUR 8 million. The company engages in both operative business activities as well as in investment activities. The company has significant holdings in several Finnish quoted companies.
June 2007: Plans to launch charter services to the USA this summer with 757s. Air Finland (AFZ), which already serves Canada as well as several destinations in Asia, and South America, is also adding services this summer to the Dominican Republic and Mexico.
November 2008: Air Finland (AFZ) 757-2Q8ER (26269, OH-AFJ), wet-leased to Air Niamey, Niger to fly Hajj pilgrimage flights from Cameroon and Nigeria to Jeddah, Saudi Arabia.
July 2010: 757-2Q8ER (26269, OH-AFJ), wet-leased to easyJet (EZY).
June 2010: Air Finland (AFZ) is a Finnish leisure airline operating scheduled and charter, jet airplane services to a number of medium- and long-haul holiday resorts in southern Europe. Also has wet-lease (ACMI) services for other airlines.
Employees = 220 employees.
(IATA) Code: OF - 442. (ICAO) Code: FIF (Callsign - AIR FINLAND).
Parent organization/shareholders: Berling Capital group (55%); Anssi Kivela; Harri Naivo; Jussi Kivela; Lauri Komi; & Mika Helenius.
Main Base: Helsinki Vantaa Airport (HEL). SITA: HELAFXH.
International, scheduled destinations: Alicante; Faro; Malaga; Nice; Ostersund; Phuket; Salzburg; Sharm el Sheikh; Stockholm; & Tenerife.
August 2010: Monarch (MON) Aircraft Engineering signed a line maintenance technical handling agreement with Air Finland (AFL) covering support services at London Gatwick, Luton, Birmingham, and Manchester.
Air Greenland (GRL) has wet-leased a 757-200 from Air Finland (AFZ) for its twice weekly seasonal service from Copenhagen Kastrup to Narsarsuaq and additional seasonal flights between Copenhagen Kastrup. and Kangerlussuaq.
In a surprise move, easyJet (EZY) has wet-leased a 767-36NER (30847, G-POWD) from Titan Airways (TIU) and four 757-200s from Air Finland (AFZ), Astraeus (AUA) and Titan Airways (TIU) for the summer season for routes with high demand from Liverpool and London Gatwick to the Mediterranean. One of the main reasons for the short term leases is that easyJet (EZY) is planning to retire its remaining four A321-200s in September.
October 2010: See new airplane livery - - SEE ATTACHED - - "AFZ-2010-10-NEW LIVERY."
February 2011: Air Finland (AFZ) is looking to hire 757 flight crew (FC) captains and first officers - - "AFZ-2011-02-FC AD."
August 2011: Air Finland (AFZ) will operate seasonal, Helsinki - Larnaca 757-200 service on October 7.
January 2012: Air Finland (AFZ) has introduced new leisure services from its Helsinki base:
Helsinki - Funchal: weekly seasonal 757-200 service between February 27 and April 23;
Helsinki - Gazipasa: weekly seasonal 757-200 service starting on April 4.
757-204 (25623, OH-AFM - - SEE PHOTO - - "AFZ-757-204 - 2012-01"), ex-(SE-RFO), (ILF) leased.
March 2012: TNT Airways (TNB) will operate its first ex-Air Finland (AFZ) 757-200F on behalf of (NATO) (based at Geilenkirchen airport (GKE)) in a combi configuration with a passenger and cargo section on the airplane.
June 2012: Air Finland (AFZ) ceased operations, suspending all flights and leaving 1,000 passengers stranded, Finnish news agency "STT" reported.
(AFZ) (CEO), Mika Helenius said high fuel prices, overcapacity and a shortage of capital attributed to the decision, according to Finnish national broadcaster "YLE."
The privately owned company, which began operations in 2002, served mainly leisure destinations from Finland to Turkey, Greece, Spain and Dubai. Its fleet comprised four 757-200s.
(AFZ) joins European carriers Malev (HGA), Spanair (SPP), Cirrus (RUS)/(JTI), Cimber Sterling (STR), Skyway and Central Connect Airlines from the Czech Republic, which all ceased operations this year.
Shortest 757-200ER takeoff: