Finnair’s Capital Markets Day 25 May 2016


Finnair Plc                            Stock Exchange Release
                           25 May 2016 at 12:30 pm EET

Finnair will today host a Capital Markets Day for institutional investors and
analysts. The event will be opened by Finnair’s CEO, Pekka Vauramo, who will
present an update on Finnair’s strategy which was announced on 12 May 2016. The
programme of the event is available on Finnair’s website at
http://www.finnairgroup.com/investors/investors_2_1_2.html.

The overarching theme of the event is Finnair’s plan to speed up its growth.
Growth can be accelerated in particular by retaining two A330 wide-body aircraft
in operation beyond 2017, which were initially scheduled for decommissioning at
the time. Finnair now expects its capacity to grow annually by 8–10% on average
as measured by ASK during the strategy period extending to 2018. Furthermore, it
now expects to double its Asian traffic from the 2010 level already in 2018,
while the original target was set at 2020.

The CMD will also shed light on how Finnair seeks to outperform average unit
revenue developments in its key markets. Among other things, the company seeks
to increase its ancillary revenues from last year’s level of a good 10 euros per
passenger to 15 euros by 2018. At the same time, Finnair’s average aircraft size
will grow, and the company will recruit about 900 persons during the strategy
period, particularly in flight operations. Combined with continuous cost
discipline, this will have a positive impact on the cost structure: the company
expects its fleet costs, relative to ASK, to decrease by 8% during the strategy
period while the average wage costs of its flying personnel should decrease by
9%.

In addition, the event includes will give insight on recent developments, the
outlook in Finnair’s key market of China, Finnair’s measures to ensure its
operational excellence during the transitional growth period, as well as the
company’s current investment plans.

Finnair's Capital Markets Day will begin at 1:00 pm local time. The event can be
viewed live at http://cloud.magneetto.com/finnair/2016_0525_CMD/angular, and a
recording will be posted on the site by the following day. The presentation
material in English will be available at the company's website at
www.finnairgroup.com when the event begins.

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.