DECISIONS OF FINNAIR PLC'S ANNUAL GENERAL MEETING 2006
Finnair's result for last year has been the best for five years noted the chairman of Finnair, Christoffer Taxell. He also said profitability developed positively, even though the main production factor, fuel, rose in price by more than 50 per cent during the year. Christoffer Taxell said : "Productivity has improved. This is important since the price of oil is might also remain for a long time, at a high level, nor will it be possible to pass on the higher costs into ticket prices. In Europe, intense competition has continued among airlines, new and old. This only serves to highlight the importance of Finnair’s Asian strategy. The passenger streams travelling through Helsinki bring a competitive advantage to Finnair that will be difficult for competitors to overcome. At the same time growth in Asian traffic will also increase demand on European routes and give our Finnish customers links to different parts of the world."
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