Finnair Oyj - Company Announcement

Finnair agrees on sale and leaseback of two new Airbus 321 Sharklet aircraft

Finnair Plc Stock Exchange Release  12 September 2013 8.00 a.m. EET

Finnair has entered into an agreement with a Japanese aircraft leasing company
NBB to sell and leaseback two new Airbus A321 Sharklet aircraft. The
transaction was arranged by US-based lessor BBAM.  The lease periods are 12
years. 

“The current good state of the aircraft financing market allows sale and
leaseback arrangements on very competitive terms. Thanks to our strong balance
sheet, we are in a position to flexibly choose the most economical financing
sources when renewing our fleet - and at the same time optimize the balance
between owned and leased aircraft," says Finnair's CFO Erno Hildén. 

Finnair has ordered in total five Airbus 321 Sharklet aircraft from Airbus. The
first aircraft was delivered to Finnair on September 5, 2013. Two more aircraft
will be delivered in the last quarter of 2013 and the final two in the first
quarter of 2014. The announced sale and leaseback arrangement concerns the
first two aircraft. The new A321s will replace the four Boeing 757 aircraft
currently used in Finnair's leisure traffic. 

Finnair Plc
Communications

Further information:
Finnair Media Desk tel. +358 9 818 4020, comms(a)finnair.fi

Distribution:
NASDAQ OMX Helsinki
Principal media