Finnair CEO Jukka Hienonen resigns, dissatisfied with pace of change, uncooperative unions

October 7th, 2009 Executives, unions closer to Sun-Times saleCHICAGO — A major roadblock in a deal to sell the Chicago Sun-Times could be removed soon. The newspaper's parent company says leaders of five unions that earlier rejected concessions demanded by would-be buyer Jim Tyree have now agreed with company executives to contract changes.

September 24th, 2009 Correction: Newsday Publisher Resigns storyNEW YORK — In a Sept. 23 story about the resignation of Timothy Knight as publisher of Newsday, The Associated Press erroneously attributed quotes to Newsday spokeswoman Deidra Parrish Williams that appeared in a note to staffers.

August 26th, 2009 Hudson Highland Group European unit CEO resignsNEW YORK — Hudson Highland Group Inc., a professional staffing company, said Wednesday its Europe unit president and CEO Christine Raynaud is resigning. Hudson Chairman and CEO Jon Chait will assume leadership responsibility for the company's European operations on an interim basis.

August 21st, 2009 Babbitt resigns from Access National boardNEW YORK — Access National Corp., the holding company of Access National Bank, said Friday director J. Randolph Babbitt has resigned from the board, following his appointment to administrator of the Federal Aviation Administration.

August 7th, 2009 Finnair reports 2Q net loss of €26 millionHELSINKI — Finnair PLC on Friday saw a second-quarter net loss of €26 million ($37 million) as the airline's chief executive announced that he is resigning in what he called "crisis" conditions. President and CEO Jukka Hienonen said he had reached the decision because he was not satisfied with the pace of change in the airline during the current challenging times and blamed unions for inflexibility.

August 7th, 2009 Finnair reports 2Q net loss of euro26 millionHELSINKI — Finnair PLC on Friday saw a second-quarter net loss of euro26 million ($37 million) as the airline's chief executive announced that he is resigning in what he called "crisis" conditions. President and CEO Jukka Hienonen said he had reached the decision because he was not satisfied with the pace of change in the airline during the current challenging times and blamed unions for inflexibility.

August 7th, 2009 Finnair reports 2Q net loss of $37 millionHELSINKI — Finnair PLC on Friday reported a second-quarter net loss of euro26 million ($37 million) as the airline's chief executive announced that he is resigning in what he called "crisis" conditions. President and CEO Jukka Hienonen said he is resigning because he is not satisfied with the pace of change in the airline during the current challenging times and partly blamed unions.

June 23rd, 2009 Exar CFO resigns, Kevin S. Bauer named replacementFREMONT, Calif.

June 16th, 2009 HELSINKI - Finnair has become the first airline in the Nordic countries to open an internet shop, shifting Finnair Plus members' opportunities to use their frequent-flyer points into a new era, the airline said Tuesday. From the Finnair Plus Shop, members can buy products with Plus points alone, with cash, or with a combination of both.

June 12th, 2009 Finnish railway unions plan 1-day strikeHELSINKI — Finnish railway workers say they will halt all passenger and cargo traffic on Monday to protest the state-owned railway company's personnel policies and layoffs. Finnish rail VR says the one-day strike will affect some 200,000 passengers, including those traveling by rail to Russia and commuters in the capital region.

June 10th, 2009 NEW DELHI - An Indian has won Nordic carrier Finnair's award for best envisaging how flying would look and feel like in the future, besting 1,000 competitors from around the world. The prize, Finnair tickets between Europe and Asia, was won by Dattatray Kuvalekar from India, the airline said in a statement here Wednesday.

May 29th, 2009 Temple Sloan resigns from Bank of America boardNEW YORK — Bank of America Corp. says its lead outside director, O.

May 3rd, 2009 NEW DELHI - Hoping for a revival of passenger demand, Nordic carrier Finnair has decided to restart its Mumbai operations from October even as it has inducted a new fleet of Airbus aircraft to operate on the Delhi-Helsinki-New York sector. The carrier had to recently cut back on its Mumbai-Helsinki operations due to a host of reasons, including the retirement of old aircraft and a general decline in passenger demand, said Kari Stolbow, director for the Indian subcontinent.

April 28th, 2009 Finnair posts 1Q loss of euro19 millionHELSINKI, — Finnair PLC on Tuesday reported a first-quarter net loss of euro18.6 million ($24.4 million) as turnover fell 10 percent, and warned it expects a full-year loss. The Finnish airline said sales fell to euro516 million ($677 million) in January through March, from euro573 million a year earlier.

April 28th, 2009 Finnair posts Q1 loss of euro19 millionHELSINKI, — Finnair PLC on Tuesday posted a first-quarter net loss of euro18.6 million ($24.4 million) and warned that slumping demand will mean it will likely post a full-year deficit too. Last year, the national carrier made a euro3 million net profit from January to March.