2009-11-30 12:25:59 CET

2009-11-30 12:26:48 CET


REGULATED INFORMATION

Finnish English
Finnair Oyj - Company Announcement

FINNAIR AGREES PARTNERSHIPS IN ITS SUBSIDIARIES


FINNAIR PLC	STOCK EXCHANGE RELEASE	30.11.2009  at 1.26 p.m
As part of the Finnair Group's structural development, as of 1 December 2009
the Group's ground handling company Northport has agreed a transfer of business
with the Barona Group in terms of its baggage and apron services at
Helsinki-Vantaa Airport. Around 490 employees currently working in these
operations will transfer to the service of Barona under their present terms of
employment. "Instead of part-time work, Barona will be able to offer more full-time work at
the airport and its vicinity. In ground handling operations, work is
distributed unevenly throughout the day according fluctuations in the amount of
traffic. Northport has been loss-making already for years," says Finnair's
Deputy Chief Executive Officer Lasse Heinonen. 

Moreover, as of 1 December 2009 a transfer of business to Suomen Transval Oy
has been agreed in terms of the warehouse activities of Finnair Cargo Terminal
Operations, which provides cargo terminal services at Helsinki-Vantaa Airport.
Cargo Terminal's around 130 warehouse employees will transfer to the service of
Suomen Transval Oy under their present terms of employment. "Through the transfers of business, we can also better secure the future of
personnel, because the new operators will offer employees more flexible and
diverse work. We are seeking for more efficiency for our business. By creating
solutions based on strategic partnerships, we can change our fixed costs into
variable costs and focus on Finnair's core business," says Heinonen. 
Northport's customer service functions and Finnair Cargo Terminal Operations'
activities other than warehouse operations will remain within the Finnair
Group. 
Finnair Plc
Communications
30.11.2009
Further information:
Lasse Heinonen, Deputy Chief Executive Officer, Finnair Plc, tel. +358 9 818
4950 
Jukka Hämäläinen, Managing Director, Northport Oy, tel. +358 9 818 5300
Antero Lahtinen, Senior Vice President Cargo, Finnair Plc, tel. +358 9 818 5400
Barona Group is one of Finland's largest human resources companies. The Group's
net sales in 2008 totalled 100 million euros. Services include personnel
resourcing, recruitment and various human resources service solutions. 

Suomen Transval produces logistics outsourcing services. The company's net
sales are over 20 million euros.