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Annual report of the CAA

STRICT GOALS FOR 2005

The objectives for the current year are strict. Financially we are aiming for a 19 million euro profit without increasing our charges, yet we wish to retain our previous standards of service. In addition we are laying the groundwork for the disengagement of the Flight Safety Authority from the CAA into a separate, government funded body in accordance with government plans. This will take place at the beginning of 2006. Having a separate aviation authority will clarify organisational structures and remove any unnecessary suspicions of mutual interdependence between official and commercial activities. The reform will cost society almost 4 million euros more than the current arrangement. Debate will surely continue over funding methods, though usually it is the client who pays.

Our 53 million euro investment programme for 2005 mainly covers maintenance-type projects, the largest of which is the repair work on the main runway at Helsinki-Vantaa Airport. Thanks to anticipatory measures taken last year, this is unlikely to cause any substantial traffic delays.