Finnair 1st to Commit to A321s With Sharklets

• The increased eco-efficiency of the A321 with Sharklets will offer Finnair a four per cent fuel saving on specific routes

(June 10, 2010) -- Finnair has signed a Letter of Intent (LOI) for five Airbus A321s equipped with the new fuel-saving Sharklet wing tip devices, becoming the world's first airline to commit to the A321 with Sharklets. The increased eco-efficiency of the A321 with Sharklets will offer Finnair a four per cent fuel saving on specific Finnair routes compared to today's aircraft.

This commitment is part of an extensive harmonisation study by Finnair to bring new cost efficiencies to its fleet. This renewal allows Finnair to benefit from economies of scale, with cross crew qualification and mixed fleet flying that are unique attributes of the Airbus family.

Deliveries of A321s with Sharklets are scheduled to begin in 2013.

"Finnair sees the new "Sharklets" option as a significant jump ahead in terms of fuel-burn savings, reduced maintenance costs and payload-range performance improvement", says Mika Vehvilainen, President and CEO, Finnair. This option enables us to harmonise all our medium haul operations. We would also benefit further from the unique commonality aspects of the Airbus family cockpit, such as lower pilot and maintenance training costs."

"We are pleased that despite the difficult economic environment and the challenges faced by European airlines, Finnair had the courage to look ahead and take a definitive step towards greener aviation," says John Leahy, Airbus Chief Operating Officer, Customers. "We have been working in close cooperation with Finnair since 1998, and this is not the first time Finnair has shared a first with us. Our Finnish partners were the first to make a firm order for 11 A350 XWB aircraft in 2007."

Source : Airbus, an EADS N.V. company (Paris: EAD.PA)