Finnair Oyj - Company Announcement

FINNAIR'S ASIAN TRAFFIC GREW BY 8 PER CENT LAST YEAR

FINNAIR PLC STOCK EXCHANGE RELEASE   7 January 2011 AT 09:00

In 2010, boosted by Asian traffic, Finnair's scheduled traffic grew by 2.5%
compared with the previous year. Finnair's Asian traffic alone grew by 8%. A
total of 6.2 million passengers were carried in scheduled traffic during the
year, which was just under 1% less than the previous year. In Asian traffic,
Finnair carried more than 1.2 million passengers. 

“We have done well in achieving growth in Asian traffic in line with our
strategy, and the price level of tickets has also developed more favourably,”
says Finnair's Chief Financial Officer Erno Hildén. 

Unit revenues per passenger kilometre in Finnair's scheduled traffic rose in
the final quarter of the year by 15%. Due to strong third quarter, unit
revenues per passenger kilometre rose in the whole of last year by 9%. The
positive development of unit revenues is due mainly to an increase in business
travel in traffic between Europe and Asia. 

On all Finnair flights, 7.1 million passengers were carried in 2010, which was
4% less than in 2009. As a result of the volcanic eruption in Iceland, ash
restricted flying in the spring, which, together with a cabin staff strike and
a decline in leisure traffic, reduced Finnair's overall traffic by just under
4%. European traffic declined by 2.5% and domestic traffic by just over 4% last
year. 

Capacity was successfully reduced, however, to meet the fall in demand, so the
load factor improved in all traffic by just under one percentage point to 77%
and in scheduled traffic by just over than one percentage point to nearly 75%.
In Asian traffic, the load factor climbed by nearly three percentage points to
nearly 82%. 

The amount of cargo carried by Finnair grew by 38% in 2010. This impressive
growth figure is due mainly to the cargo aircraft operations that began in May,
but also due to a pick-up in cargo demand, particularly in Asia. 

The December traffic figures were adversely affected by a strike by cabin
staff, which lasted more than a week. Traffic declined by more than 26%
compared with December the previous year. Cargo, however, grew in December by
33%, because cargo was flown also during the strike. 

In December, punctuality also suffered as a result of the strike. Just under
58% of flights arrived on schedule, and punctuality in scheduled traffic was
just over 59%. In December of the comparison year, punctuality figures were
low, so the improvement both for traffic as a whole and scheduled traffic was
more than 7%. 



FINNAIR'S TRAFFIC PERFORMANCE December 2010

                                    December  %-CHANG  January-December  %-CHANG
                                        2010        E                10        E
TOTAL TRAFFIC                                                                   
Passengers 1000                        425,2    -25,6           7 138,5     -4,0
Available seat kilometres mill       1 716,3    -18,8          25 126,9     -4,3
Revenue passenger kilometres         1 221,8    -26,3          19 222,2     -3,6
mill                                                                            
Passenger load factor %                 71,2   -7,3 p              76,5    0,6 p
Cargo tonnes total                   9 499,5     33,3         123 154,2     38,0
Available tonne kilometres             288,5     -7,1           3 807,8     -2,9
mill                                                                            
Revenue tonne-kilometres mill          169,1    -11,5           2 471,2      7,6
Overall load factor %                   58,6   -2,9 p              64,9    6,3 p
SCHEDULED TOTAL                                                                 
Passengers 1000                        362,1    -25,9           6 251,1     -0,9
Available seat kilometres mill       1 291,1    -19,6          21 025,2      1,0
Revenue passenger kilometres           872,7    -27,5          15 663,9      2,5
mill                                                                            
Passenger load factor %                 67,6   -7,4 p              74,5    1,1 p
EUROPE                                                                          
Passengers 1000                        191,7    -28,6           3 587,5     -2,3
Available seat kilometres mill         438,5    -17,8           7 478,6     -1,5
Revenue passenger kilometres           259,6    -27,9           4 937,6     -2,5
mill                                                                            
Passenger load factor %                 59,2   -8,3 p              66,0   -0,7 p
NORTH ATLANTIC                                                                  
Passengers 1000                          7,7    -30,3             147,2    -11,0
Available seat kilometres mill          62,6    -30,0           1 214,8     -8,0
Revenue passenger kilometres            50,9    -30,3             971,6    -11,0
mill                                                                            
Passenger load factor %                 81,3   -0,4 p              80,0   -2,7 p
ASIA                                                                            
Passengers 1000                         68,8    -28,5           1 242,8      7,4
Available seat kilometres mill         689,9    -21,1          11 149,7      4,1
Revenue passenger kilometres           509,5    -27,7           9 085,4      7,9
mill                                                                            
Passenger load factor %                 73,9   -6,7 p              81,5    2,9 p
DOMESTIC                                                                        
Passengers 1000                         93,9    -16,5           1 273,6     -3,1
Available seat kilometres mill         100,2     -7,0           1 182,0     -1,8
Revenue passenger kilometres            52,7    -20,8             669,3     -6,4
mill                                                                            
Passenger load factor %                 52,6   -9,2 p              56,6   -2,8 p
LEISURE TRAFFIC                                                                 
Passengers 1000                         63,1    -24,3             887,4    -21,0
Available seat kilometres mill         425,2    -16,5           4 101,8    -24,5
Revenue passenger kilometres           349,1    -23,2           3 558,3    -23,4
mill                                                                            
Passenger load factor %                 82,1   -7,2 p              86,8    1,2 p
CARGO TRAFFIC                                                                   
Cargo scheduled traffic total        6 651,4     -4,7         104 831,8     20,5
tonnes                                                                          
Europetonnes                         1 280,0      1,6          21 428,7     16,8
North Atlantictonnes                   551,5     -1,1           8 205,8     23,5
Asiatonnes                           4 653,2     -6,6          72 910,5     23,0
Domestic tonnes                        166,8     -8,8           2 286,8    -14,9
Cargo leisure traffic tonnes            29,5    -80,1           1 142,0    -10,7
Cargo flights tonnes                 2 818,6       --          17 180,4   1642,4
Cargo tonnes total                   9 499,5     33,3         123 154,2     38,0
Available tonne kilometres*             94,2     39,5           1 029,3     21,4
mill                                                                            
Revenue tonne kilometres mill           59,6     40,2             748,8     46,4
Cargo load factor* %                    63,3    0,3 p              72,8   12,4 p
- North-Atlantic cargo load             91,8   13,8 p              87,7   26,3 p
factor* %                                                                       
-- Asia cargo load factor* %            82,6    7,2 p              88,2   16,4 p


- * = Operational calculatory capacity
- 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 

Next release on traffic statistics will be released on 9 February 2011.

Finnair Plc
Communications
7 January 2011

Taneli Hassinen
VP Financial Communications and Investor Relations
Tel. +358 9 818 4976

Additional information:
Mr. Erno Hildén, CFO, tel. +358 9 818 8550
Mr. Antero Lahtinen, Managing Director, Finnair Cargo, tel. +358 9 818 5400