Finnair Oyj - Company Announcement

Flybe and Finnair complete the acquisition of Finnish Commuter Airlines

FINNAIR PLC   STOCK EXCHANGE RELEASE   18 August 2011 AT 19:25

The acquisition, by which the company Flybe Nordic AB, jointly owned by Flybe
and Finnair, purchases Finnish Commuter Airlines, has been completed. Flybe
owns 60% of Flybe Nordic and Finnair 40%. Flybe will be in charge of the
operative management of the new company. 

The joint vision of Flybe and Finnair is to build Flybe Nordic into the leading
regional airline of the Nordic countries and the Baltic area. In addition to
operating in Finland, the intention is to extend the new airline's network into
Sweden, Denmark, Estonia and Latvia. 

Finnair Plc
Communications

Further information:
Arja Suominen, Senior Vice President, Communications and Corporate
Responsibility 
tel. +358 9 818 4028