State-owned airport operations firm Finavia and its ground and passenger services subsidiary Airpro plan to restructure their businesses, continue furloughs and cut as many as 480 jobs, due to impacts of the coronavirus crisis, according to the company.
The firms said they have initiated codetermination talks with employee representatives regarding the plans.
Since the epidemic began causing havoc to the air travel industry, both Finavia and Airpro furloughed employees on a full- or part-time basis. Some of the workers have been furloughed since March.
According to preliminary estimates, Finavia needs to reduce its workforce by a maximum of 130, while Airpro needs to slash up to 350 jobs.
"Air travel has nearly completely ceased and that's why our income has markedly decreased. We need to adapt Finavia's operations and prepare for the reality that it will take several years for travel to return to normal," Finavia's CEO, Kimmo Mäki, said
Codetermination talks are scheduled to begin on 4 November.
Finavia runs 21 airports across the country, while Airpro provides cabin services for several companies, serving 16 airports, including Helsinki Airport.
Last week the Finnish state announced plans to pump 350 million euros into recapitalising Finavia to counter the effects of the coronavirus pandemic on the company.
Looking for new sources of income, Finavia announced earlier this week it was offering winter storage of cars and boats at Helsinki Airport's indoor car park, which is largely empty of vehicles due to a lack of passengers.