Finnair to sell cargo terminal at Helsinki Airport to Finavia

Cargo gets unloaded on a Finnair aircraft

Finnair is to sell its cargo terminal at Helsinki Airport to Finavia as development continues on its new terminal, which is set to open in 2017.

The current terminal will be decommissioned in 2017. Finnair’s cargo operations will continue in the sold terminal until they are relocated to the new terminal in 2017.

Finnair’s strategic objective is to double its Asian traffic by 2020 from the level of 2010 and to enable its growth, Finnair has ordered 19 new Airbus A350 XWB aircraft, which also increases Finnair’s cargo capacity considerably.

With a view to the growth of its cargo traffic, Finnair says it is constructing a new state-of-the-art cargo terminal.

Finavia, the airport operator, has launched development and expansion of the passenger terminal at Helsinki Airport to cater for the needs of increasing traffic so needs space to carry out the expansion.

Finnair Cargo is aiming to double the amount of cargo it handles by 2020, as part of its investment in its widebody fleet and construction of a new freight terminal.

The carrier will increase it total bellyhold capacity by 50 per cent by receiving new widebody aircraft.

In 2014, the airline handled 149,000 tonnes of cargo and is aiming to process 300,000 tonnes by 2020. Cargo made up 17 per cent of Finnair’s revenues last year.