Finnair leases two A321 aircraft for the long term

Finnair Plc         Stock Exchange Release       15 December 2016 at 9:40 am EET

Finnair has entered into an agreement with CDB Aviation Lease Finance for a long-term lease of two new Airbus A321-200 narrow-body aircraft configured with 209 seats. The first aircraft is scheduled for delivery to Finnair for the winter season 2017/2018 and the second for the summer season 2018. The lease agreements have a minimum term of eight years.

In winter 2016, Finnair already announced the long-term lease of a total of six similar A321 aircraft from the first half of 2017 onwards. The transactions are part of Finnair’s fleet renewal, where feeder capacity is increased in balance with the previously announced expansion in long-haul capacity.

Finnair Plc
Communications

Further information:
Finnair communications, tel. +358 9 818 4020, comms(a)finnair.com

Distribution:
Nasdaq Helsinki
Principal media

Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a unique Nordic experience, and its mission is to offer the smoothest, fastest connections in the northern hemisphere via Helsinki and the best network to the world from its home markets. Finnair is the only Nordic carrier with a 4-star Skytrax ranking and a member of the oneworld alliance. In 2015, Finnair’s revenues amounted to EUR 2,255 million and it had a personnel of 4,800 at the year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.