FINNAIR OYJ STOCK EXCHANGE RELEASE 9 DECEMBER 2008 AT 14:00 Finnair's scheduled passenger traffic grew 13.5 per cent compared with the previous year, but the average price of tickets continued to fall strongly. The passenger load factor in scheduled traffic rose by 3.7 percentage points. The passenger load factor rose in all areas of scheduled traffic. Finnair's Asian traffic continued its growth in November, by 17.4 per cent. Growth in European traffic was 7.1 per cent. Domestic traffic declined by 10.9 per cent as a result of capacity cuts. In Finland, Finnair is focusing on long jet aircraft routes following the discontinuation of turbo-prop aircraft services. North American traffic grew by 38.9 per cent, influenced to a large extent by the addition of one flight per week to New York. North American traffic accounts for around six per cent of scheduled traffic's revenue passenger kilometres. Leisure traffic grew 9.1 per cent compared with last November, and capacity increased by 9.9 per cent. The leisure traffic load factor fell by 0.6 percentage points in November. Cargo demand has fallen worldwide since last spring. Finnair's cargo demand has also weakened rapidly during the autumn. In November the amount of cargo kilos fell by 13.1 per cent. Of Finnair's flights, 77.1 per cent arrived on schedule, which represents an improvement of 2.7 percentage points from last year. The scheduled passenger traffic punctuality percentage rose from November last year by 2.9 percentage points to 79.5 per cent. Finnair traffic Finnair traffic altogether increased by 12.3%, measured in revenue passenger kilometres. Capacity increased by 8.2%. Passenger load factor was 2.8 percentage points higher than year before, 74.1%. Number of passengers carried increased by 3.7% and was 642 404. Scheduled traffic Scheduled traffic increased by 13.5%, measured in revenue passenger kilometres. Capacity increased by 7.6%. Passenger load factor was 3.7 percentage points higher than year before, 71.5%. Number of passengers carried increased by 2.7% and was 543 103. Scheduled international traffic, increased by 15.2%, measured in revenue passenger kilometres. Capacity increased by 9.3%. Passenger load factor was 3.7 percentage points higher than year before, 72.5%. Number of passengers carried increased by 7.7% and was 415 500. European scheduled traffic, increased by 7.1%, measured in revenue passenger kilometres. Capacity increased by 4.5%. Passenger load factor was 1.5 percentage points higher than year before, 59.1%. Number of passengers carried increased by 3.4% and was 293 100. North Atlantic scheduled traffic increased by 38.9%, measured in revenue passenger kilometres. Capacity increased by 23.8%. Passenger load factor was 9.6 percentage points higher than year before, 88.1%. Number of passengers carried increased by 38.8% and was 12 900. Asian scheduled traffic increased by 17.4%, measured in revenue passenger kilometres. Capacity increased by 11.5%. Passenger load factor was 4.0 percentage points higher than year before, 79.9%. Number of passengers carried increased by 17.6% and was 109 400. Domestic scheduled traffic decreased by 10.9%, measured in revenue passenger kilometres. Capacity decreased by 12.5%. Passenger load factor was 1.0 percentage points higher than year before, 56.5%. Number of passengers carried decreased by 10.9% and was 127 600. Leisure traffic Leisure traffic increased by 9.1%, measured in revenue passenger kilometres. Capacity increased by 9.9%. Passenger load factor was 0.6 percentage points lower than year before, 82.5%. Number of passengers carried increased by 9.6% and was 99 300. Cargo Cargo traffic decreased by 13.4% in terms of cargo tonnes carried. Decrease in scheduled traffic was 13.1%. Cargo traffic decreased by 11.1% in Asian traffic was, by 24.8% in European traffic and increased by 10.2% in North-Atlantic traffic. Cargo traffic carried on chartered cargo flights decreased by 48.7%. The cargo load factor in the Far Eastern traffic was 69.0% and in the North Atlantic traffic 77.0%. -------------------------------------------------------------------------------- | | Nov08 | %-CHANG | Jan08-Nov0 | %- | | | | E | 8 | CHANGE | -------------------------------------------------------------------------------- | TOTAL TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 642,4 | 3,7 | 7 642,5 | 642,4 | -------------------------------------------------------------------------------- | Available seat-kilometres | 2 423,4 | 8,2 | 26 630,8 | 2 423,4 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 795,4 | 12,3 | 19 978,5 | 1 795,4 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 74,1 | 2,8 p | 75,0 | 74,1 | -------------------------------------------------------------------------------- | Cargo tonnes total | 8 212,0 | -13,4 | 95 315,8 | 8 212,0 | -------------------------------------------------------------------------------- | Available tonne-kilometres | 369,2 | 7,5 | 4 115,1 | 369,2 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 207,7 | 5,9 | 2 335,3 | 207,7 | -------------------------------------------------------------------------------- | Overall load factor % | 56,3 | -0,8 p | 56,8 | 56,3 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | SCHEDULED TOTAL | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 543,1 | 2,7 | 6 441,3 | 543,1 | -------------------------------------------------------------------------------- | Available seat-kilometres | 1 847,3 | 7,6 | 21 465,3 | 1 847,3 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 320,0 | 13,5 | 15 453,2 | 1 320,0 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 71,5 | 3,7 p | 72,0 | 71,5 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | EUROPE | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 293,1 | 3,4 | 3 751,8 | 293,1 | -------------------------------------------------------------------------------- | Available seat-kilometres | 656,2 | 4,5 | 7 819,2 | 656,2 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 387,7 | 7,1 | 5 157,6 | 387,7 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 59,1 | 1,5 p | 66,0 | 59,1 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | NORTH ATLANTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 12,9 | 38,8 | 142,4 | 12,9 | -------------------------------------------------------------------------------- | Available seat-kilometres | 96,8 | 23,8 | 1 104,0 | 96,8 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 85,3 | 38,9 | 940,0 | 85,3 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 88,1 | 9,6 p | 85,1 | 88,1 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | ASIA | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 109,4 | 17,6 | 1 198,2 | 109,4 | -------------------------------------------------------------------------------- | Available seat-kilometres | 978,8 | 11,5 | 11 271,7 | 978,8 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 781,9 | 17,4 | 8 606,6 | 781,9 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 79,9 | 4,0 p | 76,4 | 79,9 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | DOMESTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 127,6 | -10,9 | 1 348,9 | 127,6 | -------------------------------------------------------------------------------- | Available seat-kilometres | 115,4 | -12,5 | 1 270,3 | 115,4 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue pax-kilometres mill | 65,2 | -10,9 | 749,0 | 65,2 | -------------------------------------------------------------------------------- | Passenger load factor % | 56,5 | 1,0 p | 59,0 | 56,5 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | LEISURE TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 99,3 | 9,6 | 1 201,3 | 99,3 | -------------------------------------------------------------------------------- | Available seat-kilometres | 576,1 | 9,9 | 5 165,5 | 576,1 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 475,3 | 9,1 | 4 525,3 | 475,3 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 82,5 | -0,6 p | 87,6 | 82,5 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | CARGO TRAFFIC | | | | | -------------------------------------------------------------------------------- | Cargo scheduled traffic total | 7 893,2 | -13,1 | 92 209,0 | 7 893,2 | | tonnes | | | | | -------------------------------------------------------------------------------- | Europe tonnes | 1 631,9 | -24,8 | 19 084,4 | 1 631,9 | -------------------------------------------------------------------------------- | North Atlantic tonnes | 665,6 | 10,2 | 6 968,6 | 665,6 | -------------------------------------------------------------------------------- | Asia tonnes | 5 329,0 | -11,1 | 63 283,5 | 5 329,0 | -------------------------------------------------------------------------------- | Domestic tonnes | 266,6 | -13,7 | 2 872,5 | 266,6 | -------------------------------------------------------------------------------- | Cargo leisure traffic tonnes | 130,3 | 239,9 | 482,8 | 130,3 | -------------------------------------------------------------------------------- | Scheduled cargo charter | 188,5 | -48,7 | 2 624,0 | 188,5 | | tonnes | | | | | -------------------------------------------------------------------------------- | Cargo tonnes total | 8 212,0 | -13,4 | 95 315,8 | 8 212,0 | -------------------------------------------------------------------------------- | Available tonne-kilometres* | 83,9 | -39,3 | 892,0 | 83,9 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 46,8 | -11,5 | 545,4 | 46,8 | -------------------------------------------------------------------------------- | Cargo load factor* % | 55,7 | 17,5 p | 61,1 | 55,7 | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- p= percentage points Definitions to the terms used: Change % refers to the change of the figures of the previous year Revenue passenger kilometres: Number of revenue passengers carried, multiplied by kilometres flown. Available passenger kilometres: Total number of seats available, multiplied by the number of kilometres flown. Available tonne kilometres: Number of tonnes of capacity for carriage of passengers, cargo and mail, multiplies by kilometres flown. Cabin factor: Share of revenue passenger kilometres of available passenger kilometres. Overall load factor: Share of revenue tonne kilometres of available tonne kilometres. Next release on traffic statistics will be released on January 8, 2009. Finnair Oyj Communications December 9, 2008 Taneli Hassinen VP Financial Communications and Investor Relations Tel. +358 9 818 4976 For further information please contact: Mr. Lasse Heinonen. SVP & CFO. tel. +358 9 818 4950 Mr. Christer Haglund. SVP Corporate Communications. tel. +358 9 818 4007 Mr. Taneli Hassinen. VP Financial Communications and Investor Relations. tel. +358 9 818 4976