Finnair Oyj - Company Announcement

Finnair Traffic Performance in December 2015

Number of passengers grew 9.7% year-on-year, exceeding 10 million for the full
year

Finnair Plc.  Stock Exchange Release 11 January 2016 at 09:00 am EET

In December, Finnair's overall capacity measured in Available Passenger
Kilometres grew by 8.1 per cent and traffic measured in Revenue Passenger
Kilometres grew by 7.8 per cent year‐on‐year. The passenger load factor
decreased by 0.2% points to 76.8 per cent.

The capacity in Asian traffic increased in December by 4.3 per cent, while
traffic measured in Revenue Passenger Kilometres increased by 5.3 per cent
year‐on‐year as Finnair offered more flights than last year particularly to
Korea and Thailand. Meanwhile, the pronounced growth in American traffic was
particularly due to the scheduled flights offered to Miami in December 2015, in
addition to New York.

The capacity in European traffic grew by 5.1 per cent on the back of increased
frequencies and new destinations, while traffic measured in Revenue Passenger
Kilometres grew by 3.4 per cent year‐on‐year. At the same time, the growth in
domestic traffic is mainly attributed to the inclusion of the routes previously
operated at Norra’s own commercial risk as Finnair’s purchased traffic.

In October-December, the passenger unit revenue* per available seat kilometre
grew by 2.2 per cent year‐on‐year and totalled 5.38 euro cents.

"In the last quarter of 2015, the passenger unit revenue improved in our main
traffic areas, Europe and Asia, reflecting the higher achieved load factors.
Meanwhile, unit revenue developments were more subdued on our domestic and North
American routes, where our capacity had increased faster", says Finnair CFO
Pekka Vähähyyppä.

In December, the cargo capacity in scheduled traffic measured in Available Tonne
Kilometres grew by 4.2 per cent, while Revenue Tonne Kilometres remained
unchanged year on year. The cargo load factor in scheduled traffic was 55.1 per
cent. In addition, Finnair’s total freight capacity includes two weekly
freighter flights between Helsinki and Brussels and two shared weekly freighter
flights with IAG between Helsinki and London, both operated by DHL.

In December, 85.8 per cent of all Finnair flights arrived on schedule (82.2).

Traffic statistics for January 2016 are published on Monday, 8 February 2016.

*Passenger unit revenue = Ticket revenue/ASK.

Finnair Traffic Performance December 2015

                     December  2015  %-Change  Year-to date 2015  %-Change

Total Traffic
Passengers 1000      790,8           9,7       10 293,6           6,9
Available seat       2 599,3         8,1       31 835,7           3,1
kilometres mill
Revenue passenger    1 997,4         7,8       25 591,6           3,3
kilometres mill
Passenger load       76,8            -0,2 p    80,4               0,2 p
factor %
Cargo tonnes total   10 492,1        -7,3      130 697,3          -12,4
Available tonne      376,6           4,1       4 633,1            -0,2
kilometres mill
Revenue tonne        241,8           2,7       3 076,6            -1,7
-kilometres mill
Overall load factor  64,2            -0,8 p    66,4               -1,0 p
%

Europe
Passengers 1000      441,7           4,2       6 388,4            6,4
Available seat       933,5           5,1       12 890,3           5,3
kilometres mill
Revenue passenger    716,7           3,4       10 115,9           4,8
kilometres mill
Passenger load       76,8            -1,3 p    78,5               -0,4 p
factor %

North Atlantic
Passengers 1000      23,6            35,8      267,9              21,2
Available seat       230,8           44,5      2 242,5            26,2
kilometres mill
Revenue passenger    174,3           42,3      1 863,0            23,2
kilometres mill
Passenger load       75,5            -1,2 p    83,1               -2,0 p
factor %

Asia
Passengers 1000      132,2           5,7       1 682,1            -0,5
Available seat       1 287,6         4,3       15 256,5           -2,0
kilometres mill
Revenue passenger    1 001,1         5,3       12 629,3           -0,9
kilometres mill
Passenger load       77,7            0,7 p     82,8               0,9 p
factor %

Domestic
Passengers 1000      193,3           24,8      1 955,2            14,1
Available seat       147,4           20,3      1 446,4            10,6
kilometres mill
Revenue passenger    105,4           22,1      983,4              13,2
kilometres mill
Passenger load       71,5            1,0 p     68,0               1,6 p
factor %

Cargo Traffic
Cargo scheduled      9 069,3         -0,7      113 913,6          -1,3
traffic total
tonnes
Europe tonnes        1 836,1         -3,5      21 861,9           -8,7
North Atlantic       688,6           4,2       8 089,4            5,8
tonnes
Asia tonnes          6 364,5         -0,6      82 202,2           0,2
Domestic tonnes      180,2           10,3      1 760,1            -2,9
Cargo flights,       1 422,8         -35,0     16 783,7           -50,2
tonnes**
Cargo tonnes total   10 492,1        -7,3      130 697,3          -12,4
Available tonne      108,1           -4,3      1380,6             -2,8
kilometres* mill
Revenue tonne        63,1            -9,3      787,0              -13,7
kilometres mill
Available            100,2           4,2       1288,3             11,2
sched.cargo tonne
kms*, mill.
Revenue sched.cargo  55,2            0,0       702,8              -0,1
tonne kms, mill.
Cargo load factor*   58,4            -3,3 p    57,0               -7,2 p
%
- North-Atlantic     40,0            -7,6 p    39,5               -12,4 p
cargo load factor*
%
- Asia cargo load    59,6            -0,6 p    59,1               -4,4 p
factor* %
Scheduled traffic    55,1            -2,3 p    54,6               -6,2 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
Principal media