Finnair Grounds Bulk of Its Flights Ahead of Finnish Strike [BNN Bloomberg (Canada)]
NESTE OYJ UNSP/ADR (NTOIY)
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Source: BNN Bloomberg
A protest organized by a number of trade unions against the Finnish government's planned labor-market reforms will cause widespread impacts across the Nordic country, including at airport operator Finavia Oyj. As a result, about 550 Finnair flights will be grounded starting Feb. 1, Finland's national carrier said in a statement on Monday. Several unions have joined strikes against the planned reforms by the government of Prime Minister Petteri Orpo and a mass demonstration is planned on Thursday in Helsinki. Orpo's pro-business cabinet is seeking to increase flexibility in agreements on terms of employment as well as cuts to unemployment benefits, aiming to create 100,000 jobs and fix deteriorating public finances. A series of shorter strikes had already taken place throughout the autumn against such plans. The strikes will affect industries from transport to construction, closing or hampering services at banks, supermarkets, hotels, child care and transport. Among other large Fi
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