October 11, 2017
Finnair acquires Norra on an interim basis
Finnair acquires 60% of Nordic Regional Airlines AB (Norra) from Staffpoint Holding Oy (StaffPoint) and Kilco Oy (Kilco). Finnair currently owns 40% of the company, and following the transaction Norra will transfer full ownership to Finnair on an interim basis. The transaction has no impact on Norra’s operations or personnel. Norra operates Finnair’s domestic and European routes as purchase traffic with a total of 24 ATR and Embraer aircraft. Following the changes in StaffPoint’s ownership base disclosed on October 5, 2017, StaffPoint and Kilco have decided to withdraw from the ownership of Norra. Finnair aims to find a new majority owner for Norra.