Jaakko Schildt to Head Finnair’s Operations Unit

Regulatory News:

Finnair (HEX:FIA1S) has appointed Jaakko Schildt, MBA, BSc Engineering, b 1970 as the head of its Operations unit and member of the Executive Board. Mr Schildt has held operative airline leadership positions at Thomas Cook Group Airlines in 2014–2016. He became Director of the Group Maintenance Organisation in September 2014 and has taken up the position as Accountable Manager of Thomas Cook Airlines UK in September 2015. Previously, Mr Schildt has worked for example as the head of Finnair Technical Services, as well as in various leadership positions within SAS Group.

Mr Schildt will assume his new role at the latest on 16 August 2016. For the time being, the position will be held by its current holder Ville Iho in addition to his new position. In Finnair’s new organization, Mr Iho will be SVP Strategy and Resource Management.

Finnair’s new organisation, supporting its growth strategy, will enter into force on 1 March 2016 as the company announced on 16 February 2016 in a stock exchange release: http://www.finnairgroup.com/mediaen/mediaen_7.html?Id=xml_2112187.html.

Finnair Plc Communications

Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a unique Nordic experience, and its mission is to offer the smoothest, fastest connections in the northern hemisphere via Helsinki and the best network to the world from its home markets. Finnair is the only Nordic carrier with a 4-star Skytrax ranking and a member of the oneworld alliance. In 2015, Finnair’s revenues amounted to EUR 2,324 million and it had a personnel of 4,800 at the year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.

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