Finnair Oyj - Company Announcement

FINNAIR REALISES ONE OF ITS SPARE ENGINES

FINNAIR PLC		STOCK EXCHANGE RELEASE	24.9.2009


Finnair has made a sale-and-leaseback transaction with Engine Lease Finance
Corporation (ELFC) on one new General Electric CF6-80E1 spare engine used in
Airbus A330 aircraft. The euro denominated list price is approximately 13
million euro. The leasing agreement was made for ten years. 

ELFC is the world's leading independent spare engine financing and leasing
company, 
specialising in the provision of medium to long-term spare engine support
packages for the airline industry. Finnair uses also other engines leased from
ELFC. The new agreement strengthens co-operation further between the companies. 

A month ago, Finnair carried out same type of an arrangement for part of
Finnair's property. The arrangements altogether improve Finnair's liquidity by
around 90 million euro. 

Finnair Plc
Communications

Additional information:
Maunu Visuri, Managing Director, Finnair Aircraft Finance Oy, tel. +358 818 6862