Finnair Continues the Implementation of Its Growth Strategy and Leases Two Further A321 Aircraft

Regulatory News:

Finnair has excercised an option, under the Letter of Intent signed with BOC Aviation Pte Ltd ("BOC Aviation”) on 30 December 2015, to lease a further two new Airbus A321-200 narrow-body aircraft. The aircraft are scheduled for delivery to Finnair during the winter season 2017/2018. The lease agreements have a minimum term of eight years.

On 30 December 2015, Finnair issued a stock exchange release on the long-term lease of four A321 aircraft from BOC Aviation beginning in the first half of 2017 with a view to the growth of its long-haul traffic.

Finnair Plc

Communications

Distribution:
Nasdaq Helsinki
Principal media

Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a unique Nordic experience, and its mission is to offer the smoothest, fastest connections in the northern hemisphere via Helsinki and the best network to the world from its home markets. Finnair is the only Nordic carrier with a 4-star Skytrax ranking and a member of the oneworld alliance. In 2014, Finnair’s revenues amounted to EUR 2,400 million and it had a personnel of almost 4,500 at the year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.

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