2007-11-05 10:02:09 CET

2007-11-05 10:02:09 CET


REGULATED INFORMATION

Finnish English
Finnair Oyj - Company Announcement

GROUND HANDLING OPERATOR NORTHPORT SELLS SWEDISH AND NORWEGIAN SUBSIDIARIES


Finnair Group's ground handling subsidiary Northport Oy has signed an agreement
to sell the entire share capital of its Swedish and Norwegian subsidiaries
Finnhandling AB and Northport Norway AS to Menzies Aviation plc, subsidiary of
John Menzies plc. The sale will create a slightly over five million euro
one-time result improvement for Finnair Group in the last quarter of this year. 

Finnhandling AB provides passenger check-in and baggage handling services at
Stockholm Arlanda Airport and Northport Norway AS provides the same services at
Oslo's Gardemoen Airport. Finnair founded Finnhandling AB in 2002 with a light
organisational structure. Northport Norway was founded under the same principle
in autumn 2006. 

“Our business model has worked well in Stockholm. The company launched in Oslo
last autumn has passed the start-up phase, but still requires input. I believe
that Menzies Aviation's strong standing in the ground handling market will
further develop the companies now sold. In the future, Northport will focus on
developing its Helsinki-based operations,” says Northport Oy Managing Director
Jukka Hämäläinen. 

Menzies will continue to provide the ground handling services for Finnair
flights at Stockholm and Oslo airports. 

Menzies Aviation plc is a global ground handling company with operations at 121
airports in 25 countries. The company has approximately 500 airlines as
customers. 


Finnair Plc
Communications
5.11.2007

Additional information: 
Jukka Hämäläinen, Managing Director, Northport Oy, tel. +358 9 818 5300
Lasse Heinonen, CFO, Finnair Group, tel. +358 9 818 4950