Finnair has warned it may take a €30 million ($33.4 million) hit due to national pension reforms, although it is also expecting a €70 million gain from its fleet renewal. Later this year, the Finnish parliament is expected to adopt an act that will gradually increase the country’s statutory retirement age from 63 to 65 years from the beginning of 2017. On average, Finnair pilots retire at 58 years old. Finnair has been trying to renegotiate its collective labor agreement to ...

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