Finnair suspends Mumbai route

The decision was made due to the unfavourable economic conditions affecting both passenger and cargo sales in India and Europe. There is also overcapacity on Mumbai-Europe routes.

VP for Finnair's network strategies Petteri Kostermaa said, "The overcapacity has driven air fare levels radically down and cost level has not declined respectively. Market conditions for the entire summer period look bleak. Summer is clearly more difficult than winter season on the Mumbai route.”

The Helsinki-Mumbai route is currently operated four times per week. Finnair's route between Helsinki and Delhi will be operated daily as planned also during he summer period.

(c) Centre for Asia Pacific Aviation. Date posted: 10-Mar-09

In-depth analysis of the Indian airline and airport sectors, including latest traffic and financial reports and outlooks, is available each month in the Monthly Essential India.

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