The sale and leaseback of three Embraer 190 aircraft finalised


Finnair signed on 17 December 2014 a Memorandum of Understanding (MoU) with GOAL
German Operating Aircraft Leasing GmbH & Co. KG (GOAL) for the sale and
leaseback of three Embraer 190 aircraft. The transaction has now been concluded.
The value of the transaction was approximately 60 million euros at current
market value and the transaction will not have a significant impact on Finnair’s
2015 operating result.

The aircraft lease agreements between Finnair and GOAL expire on average after 8
years. The aircraft included in the arrangement are currently operated by
Finnair’s associated company Flybe Finland, to whom Finnair subleases the
aircraft.

The proceeds from the transaction will be used to finance Finnair fleet
investments in the coming years. Finnair has ordered 19 Airbus A350 aircraft.

The fleet operated and owned by Finnair is presented on the company’s website
at www.finnairgroup.com.

FINNAIR PLC
Communications
Further information:
Finnair communications, tel. +358 9 818 4020, comms(a)finnair.com

Distribution:
Nasdaq Helsinki
Principal media