UPDATE 1-Finnair to order 5 aircraft from Airbus

HELSINKI, June 10 (Reuters) -Finnish airline Finnair (FIA1S.HE) said on Thursday it will order five new A321ER aircraft from Airbus (EAD.PA) for European traffic.

Finnair said the order would be worth more than 400 million euros ($481.5 million), with the first delivery expected to take place in 2013. It will replace an earlier order for two A330 aircraft planned for 2012-2013.

“We have not changed our strategy at all. We still have a focus on Asian and European traffic and will still add capacity in these areas,” Finnair’s spokesman Christer Haglund told a news conference at Berlin Air Show.

Finnair Chief Executive Mika Vehvilainen told Reuters in late May the firm was looking to Airbus to replace four Boeing (BA.N) 757 aircraft used on leisure flights. [ID:nLDE64O0PN]

The firm said on Wednesday its second-quarter loss would be narrower than expected thanks to improving demand. [ID:nLDE6581AJ]

Finnair shares were up 1.5 percent at 4.16 euros at 0955 GMT. ($1=.8307 Euro)

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