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Thread: Is oneworld alliance going to die!!!
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Old Feb 23, 2012 | 2:12 pm
  #34  
intuition
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Originally Posted by peterjloh
And Finnair, which the Finnish government is looking to sell and/or downsize.
Eh, not exactly...
AY is looking for a partner to reach 2 goals; radically lower costs for its euro traffic and to increase presence in the nordics. One could argue that it is a downsizing, as some planes and crews may have to leave the legacy carrier, but the intended result is an increase of total amount of traffic under AY (and partner) control.

Finnish government have said that if their holdings (currently ≈56%) is blocking such a deal, they are willing to discuss a reduction, but they are determined to stay a major shareholder for the foreseeable future.
Last edited by intuition; Feb 23, 2012 at 2:22 pm
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