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Finnair Signs LOI for Embraer E190-E1 and ATR-72-600 Aircraft

March 30, 2026

2 min read

Key Takeaways

Finnair signs LOI for 2 E190-E1 and 2 ATR-72-600 aircraft.
Aircraft to be leased to regional operator Norra.
Finnair plans to increase Norra's fleet to 18 jets.
Finnair to source up to 12 A320/321ceos from the used aircraft market.

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Strategic Implications

This development may indicate Finnair's focus on regional expansion and fleet modernization. The lease of Embraer and ATR aircraft could enhance Finnair's regional network reliability and flexibility, potentially benefiting the airline's overall competitiveness.

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What Happened

Finnair Expands Fleet with Regional Aircraft

Finnair has signed Letters of Intent (LOI) for the lease of two Embraer E190-E1 and two ATR-72-600 aircraft. The aircraft will be assigned to regional operator Norra, which currently operates 12 Embraer E190-E1a and 12 ATR-72-500. Finnair plans to increase Norra’s fleet to 18 jets. The airline has also signed agreements with Embraer and Pratt & Whitney for additional aircraft and engine services. This move may be part of Finnair’s strategy to grow its network and modernize its fleet, as CEO Turkka Kuusisto described it as a ‘vital step’ in the airline’s 102-year-old history. The expansion was first reported by AeroTime.

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