Finnair issued this statement:
A savings agreement has been reached with Finnair’s cabin crew. As a result, Finnair has today concluded the change negotiations it started in November and discontinued the subcontracting plan for inflight services on routes to/from Thailand and North America. The savings agreement is valid until the end of 2025.
Finnair has earlier agreed on savings with pilots, senior white-collar employees and engineers, and cabin crew based in Japan and Korea, and made local agreements that increase efficiency in Finnair Technical Services and different ground operation units. The savings agreements cover 87% of Finnair’s personnel.
The cabin crew’s agreement includes, among other things, elements to increase the efficiency of cabin crew usage, changes to long-day compensation and, for example, changes to the crew layover hotel rules. With the agreement, cabin crew is included in Finnair’s staff incentive plan 2023-2025, along with all other employee groups who have made savings agreements. The staff incentive plan will produce a payout in the first quarter of 2026 if Finnair achieves the EBIT margin target set in the plan.
About 1,750 employees work as Finnair cabin crew in Finland.
In connection with the savings agreement, it was also agreed that the collective agreement applicable to Finnair’s cabin crew in Finland will be extended by one year, i.e. until January 31, 2025. In addition, a negotiation result was achieved on salary settlement for 2023 and 2024, which follows the general line of the technology industry. The salary settlement is subject to administrative approval.
Top Copyright Photo: Finnair Airbus A330-302 OH-LTM (msn 994) AMS (Ton Jochems). Image: 960269.
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