Finland-based company Finavia has revealed plans to incorporate its air navigation services into a new company, Air Navigation Services Oy (ANS Finland).
ANS Finland has been set up to address the changes in the operational environment of air navigation services and to offer air services in a more efficient way.
To be carried out as a business deal, the incorporation of Finavia’s air navigation services to ANS Finland is estimated to be valued at approximately €15.5m.
With the establishment of the new air navigation services company, Finavia aims to ensure that the cost structure for air traffic across Finland will continue to be competitive in the future.
Finavia CEO Kari Savolainen said: “The European air navigation services are changing in fundamental ways and Finland also has to react to these changes.
“Separating the airport company and the air navigation company clarifies the structures for producing air traffic services and is in line with what is happening elsewhere in Europe.
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By GlobalData“Our aim is to improve the competitiveness and cost-efficiency of Finnish air traffic services by developing air navigation into a profitable business in its own company.”
The current director of air navigation services and future ANS Finland CEO Raine Luojus stated that Finland is among the last countries in Europe where air navigation services have continued operating with the airport business.
Luojus said: “The en-route charges collected by ANS Finland will pay for the systems and services that form the products being offered.
“The aim is that after the incorporation there will be an air navigation services market in Finland. This would mean that also the prices of the services would be determined based on the market.”
From 1 April, ANS Finland will operate independently as a state-owned company, under the ownership of the Ministry of Traffic and Communications, and will be completely separated from Finavia.
Once operational, ANS Finland will deliver en-route, aerodrome control and air traffic control services for approaches for airports, in addition to offering air navigation technology support.
The approximately 400 staff members currently employed in Finavia’s air navigation services will continue to work with ANS Finland as existing employees.
Image: Finavia incorporates air navigation services into an independent company, ANS Finland. Photo: courtesy of Finavia.