Finnair Oyj - Company Announcement

CABIN STAFF NEGOTIATIONS ENDED WITHOUT RESULT AND STRIKE BEGINS

FINNAIR PLC     STOCK EXCHANGE RELEASE     30.11.2010 AT 06.13
Negotiations on a new collective agreement for cabin staff ended without
results and National Conciliator Esa Lonka could not make any settlement
proposal. The strike begins on Tuesday November 30th at 1 p.m. A large
proportion of Finnair flights will be cancelled. 

 -I am deeply disappointed that we did not reach an agreement. The positions of
the employees and the employers on terms and conditions of employment are too
far from each other. We in Finnair are really sorry for the difficulties that
will arise to our customers as a result of a strike, says Finnair's SVP
Customer Service Anssi Komulainen. 
The Finnish Cabin Crew Union (SLSY) has proposed changes to the collective
agreement whose implementation would lead to a rise in costs of more than 20%.
The most significant cost increases would come from increases in free days and
rest days as well as from poorer availability of staff. 

- The collective agreement will decide to a large extent Finnair's ability to
operate successfully in a tightening competitive climate. We are seeking to
improve work productivity and to lower unit costs. If a new agreement increases
costs levels, it is clear that we will have to look for new solutions for cabin
work. 
Finnair's objective is to clarify the alternation of cabin staff's work and
free days, which at the same time will improve staff availability and lower
unit cost. 
- Our cabin staff do wonderful work and our service quality is excellent.
Objectives on the empoyees' side do not necessarily support benefit of
personnel, says Komulainen. 
A more detailed outline of factors relating to the collective agreement can be
read in a blog by SVP Human Resources Manne Tiensuu at the address:
www.blogs.finnair.com. 

Finnair Plc 
Communications

Taneli Hassinen
Vice President, Financial Communications and Investor Relations 
tel. +358 9 818 4976