Finnair hires new India director to oversee Asia expansion

Finnair hires new India director to oversee Asia expansion
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First Published: Sun, Aug 17 2008. 12 42 PM IST
Updated: Sun, Aug 17 2008. 12 42 PM IST
By PTI
New Delhi: Nordic carrier Finnair, which has been rapidly expanding network in the East, particularly India, has named a new director to anchor growth in the Indian subcontinent where the airline operates 13 flights a week.
Kari Stolbow, who started Finnair’s services in Beijing and Latvia, was responsible for the airline’s Global Tour Operation sales prior to his India assignment.
The airline operates a daily flight between Helsinki-New Delhi and is expected to make Helsinki-Mumbai service daily by the next summer, by when it would look at expanding to more Indian cities, sources in the airline said, pointing to the upcoming review of bilateral air services agreement between India and Finland by the next month.
Any increase in capacity will complement trade between the two countries that grew by 31.54 % in 2007, to Euro 645.09 million. Nearly 100 Finnish companies have presence in India, including big names like Nokia, Kone Elevators, Elcoteq Wartsila Diesel and Ahlstrom.
Finnair traffic, measured in passenger kilometers, increased by 6.5% in July, while the airline’s Asian traffic grew 12% compared with the same period of the previous year. Number of passengers carried on Finnair’s Asian flights in July was 125 666, which is 12.5% more than a year-ago.
Increase in Asian cargo traffic was 19.7% in July, while volume in European traffic decreased by 10%, the airline said in a statement.
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First Published: Sun, Aug 17 2008. 12 42 PM IST