Finnair secured financing for its newest A350 aircraft


Finnair Plc             Stock Exchange Release               19 May 2016 at 5:00
PM EET

Finnair has secured financing, arranged by BNP Paribas, for its fifth Airbus
A350-900 XWB, which was delivered on 29 April 2016. The transaction amounts to
approximately EUR 128 million, implemented using a Japanese Operating Lease with
Call Option (JOLCO) structure.

“This transaction represents yet another successful A350-900 financing for
Finnair, and the third we have done using this structure. We are thrilled that
financiers and investors are enthusiastic about the A350 as a long-term
investment, since this aircraft type is the base from which we will continue to
execute our growth strategy in Asia”, states Finnair CFO Pekka Vähähyyppä.

The fleet operated and owned by Finnair is listed 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
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 2015, Finnair’s
revenues amounted to EUR 2,255 million and it had a personnel of 4,800 at the
year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.