Flybe Nordic

Flybe Nordic
IATA
BE		 ICAO
FCM		 Callsign
FINNCOMM
Founded 2011
Hubs Helsinki-Vantaa Airport
Focus cities Tallinn Airport Stockholm-Bromma Airport
Frequent-flyer program * Rewards4all
  • Finnair Plus
Fleet size 17 (+1 orders)
Destinations 35
Parent company Flybe Nordic (Finnair Oyj 40%, Flybe Group Plc 60%)
Headquarters Seinäjoki Airport
Ilmajoki, Finland
Website www.flybe & www.flybe.ee / www.finnair.com

Flybe Nordic is an airline, jointly owned by Flybe and Finnair, and began operations on 30 October 2011.

Contents

History

The airline was announced on 1 July 2011, when Flybe and Finnair revealed plans to jointly purchase Finnish Commuter Airlines (FCA) and rebrand the airline Flybe Nordic, with Flybe and Finnair each holding a stake in the new entity.[1] Under the terms of the agreement, contingent on approval by regulatory authorities, the purchase price of FCA was €25 million, of which Flybe would pay €12 million and Finnair €13 million.[2] Flybe has a majority stake in Flybe Nordic, holding a 60% stake in the airline, with Finnair holding the remaining 40%; Flybe has three seats on the airline's board of directors with Finnair having the other two.[2] Flybe planned to invest a total of €23.6 million into the new airline, including expenses such as loan repayments in addition to the purchase price of FCA.[3]

At the time of the announcement of Flybe Nordic's creation, Flybe planned to begin operating the new airline on 1 August 2011, with the FCA name being phased out,[1] though the start date was later pushed back to 30 October.[4] A new route network was also planned to be announced in mid-August.[2]

Destinations

On 24 August 2011, Flybe Nordic announced its first 24 routes, including both former Finncomm routes as well as new ones. Flybe Nordic is also operating some of the routes for Finnair. The destinations are following:[5]

Fleet

Flybe Nordic operates with eleven ATR 72s previously operated by FCA, as well as four ATR 42s and two Embraer 170s, with one ATR 72s on order.[1] The ATR 72s are owned by Finnair, which bought them from FCA at a cost of €104 million, and leased to Flybe Nordic, as the Embraer 170s, previously owned by Finnair.[1] The ATR 42s are owned by Finncomm, FCA's parent company, and are also leased to Flybe Nordic.[1] The aircraft will be painted in the current Flybe livery, with web titles on the aft right side of the fuselage for the Estonian URL and on the left side the Finnish URL.

Flybe Nordic fleet includes the following aircraft (as of 25 August 2011):[6]

Finncomm Airlines Fleet
Aircraft In Fleet Orders Passengers
ATR 42-500 4 0 48
ATR 72-500 11 1 68–72
Embraer E170 2 0 76
Total 17 1

References

  1. ^ a b c d e "New Nordic carrier to emerge from Flybe-Finnair tie-up". Flightglobal.com. 1 July 2011. Archived from the original on 4 July 2011. http://www.webcitation.org/5zwHAPGDW. Retrieved 5 July 2011. 
  2. ^ a b c "Flybe, Finnair To Acquire A Nordic Airline". Aviation Week. 1 July 2011. http://www.aviationweek.com/aw/generic/story.jsp?id=news/awx/2011/07/01/awx_07_01_2011_p0-343318.xml&headline=Flybe,%20Finnair%20To%20Acquire%20A%20Nordic%20Airline%20&channel=comm. Retrieved 5 July 2011. 
  3. ^ "UPDATE 2-Finnair, Flybe to buy Finnish regional carrier". Reuters UK. 1 July 2011. Archived from the original on 4 July 2011. http://www.webcitation.org/5zwIBfOif. Retrieved 4 July 2011. 
  4. ^ "Flybe Nordic Starts Operating 30 October". Scandasia.com. 25 August 2011. Archived from the original on 25 August 2011. http://www.webcitation.org/61DCUNnOw. Retrieved 25 August 2011. 
  5. ^ "Flybe Nordic routes announced". Business Traveler. 24 August 2011. Archived from the original on 25 August 2011. http://www.webcitation.org/61DCk8YNl. Retrieved 25 August 2011. 
  6. ^ Finncomm Airlines Destinations

External links

Airlines of Finland
Current

Air Finland · Air Åland · Blue1 · Finnair · Finncomm Airlines · Flybe Nordic · Turku Air · Wingo xprs
Defunct