Helsinki Airport, which offers fast and smooth connections to Asia, is Northern Europe's leading transit airport. It is predicted that the traffic between Asia and Europe will increase strongly in coming years.
Every third transit passenger chooses their connecting flight based on the transit airport.
In the future, airports' competition for passengers will be increasingly fierce. Large-scale development projects are ongoing in numerous European airports.
Smooth traffic flow, attractive services and short transfer times will become increasingly significant for airports. In order to keep up with the competition, the operations and services of Helsinki Airport must be developed and improved even further.
Developing Helsinki Airport is a national investment
Internationally competitive airport is important for the well-being of Finland as a whole. Air traffic is major employer and significant tax payer in Finland. At the moment, Helsinki Airport employs either directly or indirectly approximately 15,000 people.
The emphasis of the investments is on Helsinki Airport. However, also other airports in Finavia's airport network will be developed. Renovation and maintenance work, such as paving of runways and terminal maintenance, will be performed at a number of airports.
The development was made possible by the decision taken by the Finnish Government to provide Finavia with a capital injection of EUR 200 million. It has enabled Finavia to strengthen its solvency ratio and made it better placed to borrow money. Finavia must pay back the Government's investment using the income from the airport business.
Did you know?
- Air traffic provides employment to 100,000 people, either directly or indirectly, in Finland.
- Air traffic accounts for about 3.2 per cent of Finland's GDP.
- Direct and indirect taxes paid by aviation sector to the government amount to EUR 2.5 billion.
- The development programme will create 5,000 new permanent jobs in Helsinki Airport area.
- During the construction phase its employment impact is 14,000 person-years.