As part of its operational efficiency programme, Finnair is changing the
structure of its Group organisation. The objective of the planned change is to
centralise the Group’s Scheduled Passenger Traffic and Leisure Flight
operations into an integrated Flight Traffic organisation under the President &
CEO of Finnair Plc. In addition, closer cooperation is sought between Flight
Operations and Group Administration.

Finnair’s business activities will be divided into five operational entities:
Commercial Operations, Production, Customer Service, Travel Services and
Aviation Services. Support functions will be Economics and Finance, Human
Resources Management, Communications and Community Relations, Resource
Management, Business Development and Legal Affairs.

In the new structure, Commercial Operations will be led by Mika Perho,
Production by Erno Hilden, Customer Service by Timo Riihimäki and Travel
Services by Kaisa Vikkula. The Resources Management Unit will be led by Ville
Iho. All of the above Senior Vice Presidents are also members of Finnair Plc’s
Executive Board. The members of the Executive Board, in addition to the
President & CEO, are Deputy CEO Lasse Heinonen, SVP Human Resources Anssi
Komulainen and SVP Communications and Community Relations Christer Haglund.

The Aviation Services business units, Finnair Catering, Finnair Technical
Services and the ground handling company Northport Oy, as well as the cargo
companies, will continue within Deputy CEO Lasse Heinonen’s area of
responsibility.

The aim of the planned change is to improve management of the service product
and its sales as well as more efficient planning of use of resources and
production management. The reorganisation of operations will clarify areas of
responsibility and generate cost savings.

Administrative support functions, such as Information Management, Human
Resources Management and Financial Management will be centralised in Group
Administration. Moreover, Resources Management and Long-Term Operational
Planning will be transferred to become part of Group Administration.

The organisational change will come into effect on 1 October 2009, by which
time a review of units and departments belonging to each area will also be
completed. The reorganisation is expected reduce the need for personnel by
around 200 employees.

Through the change, Leisure Traffic will no longer be one of the Finnair
Group’s externally reporting business areas. As of 1 October 2009, the primary
segments according to IFRS reporting will be: Flight Traffic, Aviation
Services, Travel Services and Other Operations. The Flight Traffic segment will
include Finnair’s cargo business and the fleet company Finnair Aircraft
Finance. Aurinkomatkat-Suntours will become part of Travel Services.

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