English
Published: 2016-05-19 16:00:00 CEST
Finnair Oyj
Company Announcement
Finnair secured financing for its newest A350 aircraft
Finnair Plc             Stock Exchange Release               19 May 2016 at
5:00
PM EET

Finnair has secured financing, arranged by BNP Paribas, for its
fifth Airbus
A350-900 XWB, which was delivered on 29 April 2016. The
transaction amounts to
approximately EUR 128 million, implemented using a
Japanese Operating Lease with
Call Option (JOLCO) structure.

“This transaction
represents yet another successful A350-900 financing for
Finnair, and the third
we have done using this structure. We are thrilled that
financiers and
investors are enthusiastic about the A350 as a long-term
investment, since this
aircraft type is the base from which we will continue to
execute our growth
strategy in Asia”, states Finnair CFO Pekka Vähähyyppä.

The fleet operated and
owned by Finnair is listed on the company’s website
at
www.finnairgroup.com.

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.