Fall in demand continues, weakening of price level gathers pace


In April, Finnair's scheduled passenger traffic declined by 5.7 per cent from
the previous year. At the same time, capacity was cut by 9.4 per cent, which
improved passenger load factor by 2.8 percentage points to 71.2 per cent. 
                                                                                
Demand has fallen in all types of traffic, and particularly in domestic
traffic, where flying has declined by nearly one fifth. In Asian traffic,
capacity has been cut 
by nearly seven per cent and in European traffic by around 12 per cent.         
“Through capacity cuts we have maintained load factors at a reasonable level.   
The problem, however, is an acceleration of the fall in average prices,         
resulting from a sharp reduction in business travel,” says Finnair's SVP        
Communications Christer Haglund.                                                
                                                                                
Finnair's leisure traffic grew in April by 24.3 per cent compared with April
last year. Capacity increased by a similar figure. The reason for the
substantial growth was the continuation of traffic to Thailand for longer than
last year. Leisure traffic growth of similar magnitude in May is not expected. 
                                                                                
In April Finnair's cargo traffic declined by 23.2 per cent. Cargo demand was
directed for the most part at long-haul flights.  
                                                                                
Of Finnair's flights, 89.6 per cent arrived on schedule, which represents an    
improvement of 6.4 percentage points from last year. The scheduled passenger    
traffic punctuality percentage rose from April last year by 6.2 percentage      
points to 91.2 per cent.                                                        


Finnair traffic                                                                 
Finnair traffic altogether decreased by 0.4%, measured in revenue passenger     
kilometres. Capacity decreased by 4.0%. Passenger load factor was 2.6 percentage
points higher than year before, 72.4%. Number of passengers carried decreased by
7.3% and was 617 132.                                                           

Scheduled traffic                                                               
Scheduled traffic decreased by 5.7%, measured in revenue passenger kilometres.  
Capacity decreased by 9.4%. Passenger load factor was 2.8 percentage points     
higher than year before, 71.2%. Number of passengers carried decreased by 10.7% 
and was 529 951.                                                                

Scheduled international traffic, decreased by 4.9%, measured in revenue         
passenger kilometres. Capacity decreased by 8.6%. Passenger load factor was 2.7 
percentage points higher than year before, 71.8%. Number of passengers carried  
decreased by 8.5% and was 397 494.                                              

European scheduled traffic, decreased by 5.8%, measured in revenue passenger    
kilometres. Capacity decreased by 11.8%. Passenger load factor was 4.3          
percentage points higher than year before, 67.1%. Number of passengers carried  
decreased by 9.9% and was 301 012.                                              

North Atlantic scheduled traffic decreased by 3.0%, measured in revenue         
passenger kilometres. Capacity increased by 0.5%. Passenger load factor was 2.7 
percentage points lower than year before, 73.9%. Number of passengers carried   
decreased by 3.0% and was 10 892.                                               

Asian scheduled traffic decreased by 4.5%, measured in revenue passenger        
kilometres. Capacity decreased by 6.9%. Passenger load factor was 1.8 percentage
points higher than year before, 75.3%. Number of passengers carried decreased by
4.1% and was 85 590.                                                            

Domestic scheduled traffic decreased by -16.3%, measured in revenue passenger   
kilometres. Capacity decreased by -19.4%. Passenger load factor was 2.3         
percentage points lower than year before, 62.5%. Number of passengers carried   
decreased by -16.7% and was 132 457.                                            


Leisure traffic                                                                 
Leisure traffic increased by 24.3%, measured in revenue passenger kilometres.   
Capacity increased by 24.7%. Passenger load factor was 0.2 percentage points    
lower than year before, 77.4%. Number of passengers carried increased by 20.1%  
and was 87 181.                                                                 


Cargo                                                                           
Cargo traffic decreased by 23.2% in terms of cargo tonnes carried.              

Decrease in scheduled traffic was 22.2%. Cargo traffic decreased by 22.5% in    
Asian traffic, by 19.2% in European traffic and decreased by 27.3% in           
North-Atlantic traffic.                                                         

Cargo traffic carried on chartered cargo flights decreased by 66.8%. The cargo  
load factor in the Far Eastern traffic was 67.9% and in the North Atlantic      
traffic 58.9%.                                                                  

Full traffic performance data available at                                      
http://www.finnairgroup.com/linked/en/sijoittajat/Monthly_traffic_dataAPR2009EN.
pdf                                                                             


Finnair Plc                                                                     
Communications                                                                  
07.05.2009                                                                      

Additional information:                                                         
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                                                                 
Mr. Petteri Kostermaa. VP Traffic Planning. tel. +358 9 818 8504                
Mr. Timo Riihimäki. Vice President. Cargo. tel. +358 9 818 5487
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