Finnair Oyj - Company Announcement

Finnair Traffic Performance in September 2016

Finnair Plc         Stock Exchange Release         10 October 2016 at 09:00 am
EET

Number of passengers grew 6.0% year‐on‐year

In September, Finnair's overall capacity measured in Available Seat Kilometres
grew by 8.5 per cent and traffic measured in Revenue Passenger Kilometres grew
by 7.2 per cent year‐on‐year. The passenger load factor declined by 0.9
percentage points year-on-year to 80.7 per cent.

The capacity in Finnair’s largest traffic area, Asia, grew by 12.4 per cent in
September, boosted in particular by the Fukuoka and Guangzhou routes launched
for the summer season and the additional capacity introduced by the A350s, and
traffic grew by 9.4 per cent. Capacity in American traffic increased by 24.3 per
cent, mainly due to increased Chicago frequencies, and traffic measured in RPK
increased by 9.1 per cent.

The capacity in European traffic grew by 2.3 per cent, and traffic measured in
RPK increased by 4.4 per cent year‐on‐year. The capacity in domestic traffic
contracted by 1.3 per cent, and traffic increased by 5.7 per cent year‐on‐year.

According to preliminary data, Finnair’s unit revenue, or RASK (total Group
revenue divided by ASK), declined in July–September by 5.1 per cent year‐on‐year
and totalled 7.04 euro cents.

"In our European and domestic traffic, load factor increased and unit revenue
improved slightly year-on-year. The strong capacity growth continued in
Finnair’s long-haul traffic in the third quarter, while passenger volume growth
was more moderate. Average load factor and unit revenue declined year-on-year.
Particularly in traffic between China and Europe, there was marked growth in
market capacity. In Cargo traffic, unit revenues declined, but strong volume
growth balanced this partially," says Finnair CFO Pekka Vähähyyppä.

In September, the cargo capacity in scheduled traffic measured in Available
Tonne Kilometres grew by 4.8 per cent, and Revenue Tonne Kilometres increased by
24.5 per cent year on year. In addition, Finnair’s total freight capacity
included two weekly freighter flights between Helsinki and Brussels and two
weekly freighter flights shared with IAG between Helsinki and London, both
operated by DHL, the latter being replaced by a regular A350 connection five
times a week in the first week of October.

In September, 90.9 per cent of all Finnair flights arrived on schedule (92.5).

Traffic statistics for October 2016 will be published on Tuesday, 8 November
2016.

Finnair Traffic Performance September 2016

                      September 2016   %-Change  Year-to-date 2016  %-Change

Total Traffic
Passengers   1000     971,9            6,0       8 267,2            6,5
Available   seat      2 941,5          8,5       25 719,9           7,5
kilometres mill
Revenue   passenger   2 374,3          7,2       20 645,0           6,4
kilometres mill
Passenger   load      80,7             -0,9 p    80,3               -0,8 p
factor %
Cargo   tonnes total  13 422,8         22,7      109 815,8          15,1
Available   tonne     437,5            11,1      3 794,5            8,9
kilometres mill
Revenue   tonne       294,3            11,3      2 510,0            8,5
-kilometres mill
Overall   load        67,3             0,1 p     66,1               -0,2 p
factor %

Europe
Passengers   1000     607,0            5,5       5 133,6            5,2
Available   seat      1 143,8          2,3       10 069,0           3,0
kilometres mill
Revenue   passenger   909,2            4,4       7 972,1            3,4
kilometres mill
Passenger   load      79,5             1,6 p     79,2               0,3 p
factor %

North Atlantic
Passengers   1000     27,2             4,3       234,5              16,3
Available   seat      261,4            24,3      2 102,9            27,8
kilometres mill
Revenue   passenger   191,4            9,1       1 687,2            21,1
kilometres mill
Passenger   load      73,2             -10,2 p   80,2               -4,4 p
factor %

Asia
Passengers   1000     157,8            9,5       1 353,8            5,9
Available   seat      1 407,1          12,4      12 423,7           8,4
kilometres mill
Revenue   passenger   1 187,8          9,4       10 208,5           6,4
kilometres mill
Passenger   load      84,4             -2,3 p    82,2               -1,5 p
factor %

Domestic
Passengers   1000     179,9            5,0       1 545,2            10,3
Available   seat      129,2            -1,3      1 124,3            8,6
kilometres mill
Revenue   passenger   85,9             5,7       777,2              9,9
kilometres mill
Passenger   load      66,4             4,4 p     69,1               0,8 p
factor %

Cargo Traffic
Cargo   scheduled     11 972,1         24,8      96 667,6           15,8
traffic total tonnes
Europe   tonnes       2 350,6          33,8      19 317,2           25,6
North   Atlantic      970,0            36,3      7 125,1            20,1
tonnes
Asia   tonnes         8 498,7          22,1      68 921,4           13,2
Domestic   tonnes     152,8            -8,8      1 303,9            4,2
Cargo   flights,      1 450,7          8,2       13 148,2           10,1
tonnes**
Cargo   tonnes total  13 422,8         22,7      109 815,8          15,1
Available   tonne     124,3            4,5       1111,7             6,7
kilometres* mill
Revenue   tonne       81,8             23,2      662,9              14,8
kilometres mill
Available             116,4            4,8       1039,9             6,9
sched.cargo tonne
kms*, mill.
Revenue               74,4             24,5      596,1              15,1
sched.cargo tonne
kms, mill.
Cargo load   factor*  65,8             10,0 p    59,6               4,2 p
%
-   North-Atlantic    45,6             7,8 p     40,6               1,1 p
cargo load factor* %
- Asia   cargo load   70,1             11,6 p    62,4               5,1 p
factor* %
Scheduled traffic     63,9             10,1 p    57,3               4,1 p
Cargo load factor*,
%

* Operational calculatory capacity

** Including purchased traffic

– Change %: Change compared to the figures of the respective periods in the
previous year (p = percentage points)

– Available seat kilometres, ASK: Total number of seats available, multiplied by
the number of kilometres flown

– Revenue passenger kilometres, RPK: Number of revenue passengers carried,
multiplied by kilometres flown

– Passenger load factor: Share of revenue passenger kilometres of available seat
kilometres

– Available tonne kilometres, ATK: Number of tonnes of capacity for carriage of
passengers, cargo and mail, multiplied by kilometres flown

– Revenue tonne kilometres, RTK: Total revenue load consisting of passengers,
cargo and mail, multiplied by kilometres flown

– Overall load factor: Share of revenue tonne kilometres of available tonne
kilometres
FINNAIR PLC
Further information:
Finnair communications, 358 9 818 4020, comms(a)finnair.com

Distribution:
NASDAQ OMX Helsinki
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