New Head for Finnair Cargo Oy

Mikko Kuntola, Managing Director of Finnair Cargo Oy, which takes care of
Finnair's cargo-handling operations, is to enter retirement as of December
31, 2002.

The company's new Managing Director as of January 1, 2003 has been named as Juha Kinnunen. In his new post, Kinnunen will also accede as Vice President to the Finnair Group Board of Management.

Juha Kinnunen has been with Finnair since 1969. For much of this period he
has been involved with Finnair's sales units abroad. In recent years, he has
worked in Finnair's Head Office-based marketing organization, with
responsibility for the development of client and sales management systems.

"To being with the challenge is increase the efficiency of cargo revenue and
yield management across our entire network," says Juha Kinnunen. "We will
also place an emphasis on the development of client management. This will
result in a high level of customer satisfaction and improved profitability
for cargo operations."