Finnair and Shanghai-based Juneyao Air have signed a Letter of Intent to deepen their cooperation between China and Europe subject to required regulatory approvals. The aim is to establish a joint venture on the Helsinki–Shanghai route.
This will enable both the airlines to offer their corporate and leisure customers a seamless travel experience through a wider choice of destination, schedule and fare options via their main hubs, Helsinki Airport (HEL) and Pudong International Airport (PVG).
“Taking the important step to evolve this into a deeper cooperation focused on our Shanghai and Helsinki hubs will allow us to not only serve our current customers even better, but also to lay a platform for further growth in the future, once the aviation market starts to normalise,” said Ole Orver, chief commercial officer at Finnair.
“The aviation industry has encountered tough situations. Nevertheless, we consistently and optimistically trust in our emphasised China-Europe market and partnership with Finnair. Expanding the partnership enables us to accelerate further development and to serve passengers better with diversified choices and broadened network coverage,” said Yu Chengji, executive vice president of Juneyao Air.