Finnair Oyj - Company Announcement

FINNAIR SUBSIDIARY NORTHPORT OY BEGINS YT NEGOTIATIONS

FINNAIR PLC		STOCK EXCHANGE RELEASE		24.2.2009 11.30

On 2 March 2009, the Finnair subsidiary Northport Oy, which provides ground
handling services, will begin statutory negotiations under the Act on
Codetermination within Undertakings (YT negotiations) in order to reduce
personnel costs. A cost-cutting programme will seek savings of at least 3.5
million euros. 

“Northport Oy's operations will be directed in future more at peak traffic
periods, outside of which the need for labour is much reduced. The number of
flights outside peak periods has clearly declined,” says Northport Managing
Director Jukka Hämäläinen. 

The estimated reduction of around 90 man working years to be discussed in the
YT negotiations could be implemented through redundancies, part-time working
and possibly also by outsourcing operations. In addition, possible temporary
lay-offs would affect all Northport Oy employees. 

Finnair Plc
Communications
24.2.2009

Further information:
Jukka Hämäläinen, Managing Director, Northport Oy, tel. +358 9 818 5300