Federal Minister for Finance, the Hon. Mathias Cormann, said the new panel was expected to reduce travel expenditure by departments and agencies and additionally, increased baggage allowances, reduced or removed fees and more flexible fare conditions, were expected to provide further savings.
This newly formed panel, comprising 18 airlines, replaces the previous domestic and international air services panels.
Finnair Country Sales Manager – Australia, New Zealand and New Caledonia, Geoff Stone said Finnair was delighted to have been chosen as one of the panel airlines and recognises this will create significant new business opportunities for Finnair from this market.
Finnair recently reported a 20 per cent increase in bookings from Australia during the first quarter of 2016 over the same period last year.
”This is a huge vote of confidence by the Federal Government in Finnair and my team and I look forward to servicing this important contract over the next five years,” Mr Stone said.
Meanwhile Finnair is one of two airlines which have emerged as the least polluting carriers in a study of the world’s biggest airlines.
In the study, Finnair had the smallest carbon footprint in 2014, with TAP Portugal and Virgin Australia in the top three least polluting airlines.
Frederik Dahlmann, of Warwick Business School who conducted the study said: “Finnair performed best due to the age and type of its planes, the routes it flies and the overall number of connections it offers. Plus it is probably among the most advanced when it comes to accounting for and managing its emissions over time”.