Finnish Finnair is not immune to the airline travel recession but in this case the labor unions need to look at the mirror of the issues they are dealing with. In the recent business newspapers, the Finnair pilots are critized of earning more than any of the high level governmental leaders (the Finnish government owns Finnair with a share of 57 percent). The alarming thing is the now resigning CEO is known to be a good leader and if somebody, he would be able to turn around the company financials.
WSJ.com Mobile Reader user Petri.Salonen@tellusinternational.com wanted you to see this:
"Finnair CEO Quits Amid Losses"
The head of Finnair said he will resign, the same day the Finnish airline posted its fourth consecutive quarterly net loss.
US: Business News
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