Finnair Traffic Performance in December 2014

Finnair Plc      Stock Exchange Release         8 January 2015 at 09:00 EET

In December, Finnair's overall capacity decreased by 1.5 per cent and traffic measured in Revenue Passenger Kilometres grew by 0.2 per cent year‐on‐year. Passenger load factor was 77.0 per cent.

The capacity in Asian traffic decreased by 4.2 per cent and the traffic measured in Revenue Passenger Kilometres by 3.2 per cent year‐on‐year.

The capacity in European traffic increased by 1.5 per cent and traffic measured in Revenue Passenger Kilometres by 4.3 per cent year‐on‐year.  

In October–December, the passenger unit revenue* per available seat kilometre increased by 1.8 per cent year‐on‐year and totalled 5.26 euro cents.

“In the last quarter of 2014, the passenger unit revenue increased for the first time since the first quarter  of 2013, This positive development resulted  mainly from the improved passenger loads factors in almost all traffic areas,” says Finnair CFO Erno Hildén.

In cargo, traffic measured in revenue tonne kilometres decreased by 0.9 per cent and the overall capacity grew by 8.5 per cent year‐on‐year. The load factor fell by 5.8 percentage points year-on-year and was 61.6 per cent.

In December, 82.2 per cent of all flights arrived on schedule (82.9).

Finnair changed its traffic reporting practices at the beginning of the winter season and discontinued reporting leisure traffic as a separate traffic area. These changes were communicated on 7 November 2014 with a separate release.

*Unit revenue = Ticket revenue/ASK .

December 2014 Change
%
Jan -Dec 2014 Change
%
Total traffic
Passengers, 1000 721.2 3.9 9,629.6 3.9
Available seat kilometres, mill 2,405.0 -1.5 30,888.8 -0.9
Revenue passenger kilometres, mill 1,852.8 0.2 24,771.7 0.0
Passenger load factor, % 77.0 1.3 p 80.2 0.7 p
Cargo tonnes 11,317.5 -3.8 149,140.9 1.7
Available tonne kilometres, mill 361.9 -2.2 4,644.3 -1.4
Revenue tonne kilometres, mill 235.4 -0.2 3,130.2 0.7
Overall load factor, % 65.0 1.3 p 67.4 1.4 p
Europe
Passengers, 1000 423.9 6.3 6,004.3 5.0
Available seat kilometres, mill 888.0 1.5 12,239.4 0.9
Revenue passenger kilometres, mill 693.0 4.3 9,649.3 1.0
Passenger load factor, % 78.0 2.1 p 78.8 0.1 p
North Atlantic
Passengers, 1000 17.4 1.2 221.0 -7.3
Available seat kilometres, mill 159.7 1.0 1,776.8 -6.2
Revenue passenger kilometres, mill 122.5 0.9 1,512.1 -7.5
Passenger load factor, % 76.7 -0.1 p 85.1 -1.2 p
Asia
Passengers, 1000 125.1 -3.1 1,691.1 -1.0
Available seat kilometres, mill 1,234.8 -4.2 15,564.4 -2.0
Revenue passenger kilometres, mill 950.9 -3.2 12,741.4 -0.3
Passenger load factor, % 77.0 0.8 p 81.9 1.4 p
Finland
Passengers, 1000 154.9 4.0 1,713.3 6.8
Available seat kilometres, mill 122.5 3.4 1,308.1 4.1
Revenue passenger kilometres, mill 86.3 6.6 868.9 6.6
Passenger load factor, % 70.5 2.1 p 66.4 1.6 p
Cargo traffic
Cargo scheduled traffic total, tonnes 9,129.4 1.5 115,470.6 1.2
- Europe, tonnes 1,901.8 3.1 23,949.2 1.8
- North Atlantic, tonnes 661.1 -3.4 7,646.3 -0.5
- Asia, tonnes 6,403.2 1.3 82,063.2 1.2
- Domestic, tonnes 163.3 13.0 1,811.9 -2.1
Cargo leisure traffic, tonnes 0.0 -   0.0 -  
Cargo flights, tonnes** 2,188.2 -20.9 33,670.4 3.6
Cargo tonnes total 11,317.5 -3.8 149,140.9 1.7
Available cargo tonne kilometres*, mill. 112.9 8.5 1,420.4 -1.3
Revenue cargo tonne kilometres, mill. 69.6 -0.9 912.4 2.7
Cargo load factor*, % 61.6 -5.8 p 64.2 2.6 p
- North-Atlantic cargo load factor*, % 47.6 -17.1 p 52.0 -2.6 p
- Asia cargo load factor*, % 60.2 -6.5 p 63.5 2.6 p

Cargo ATK's for the year 2013 are restated due to more accurate metrics implemented in calculation.
* Operational calculatory capacity
**Including purchased traffic

-           Change %: Change compared to the figures of the respective periods in the previous year (p = percentage points)

-           Available seat kilometres, ASK: Total number of seats available, multiplied by the number of kilometres flown

-           Revenue passenger kilometres, RPK: Number of revenue passengers carried, multiplied by kilometres flown

-           Passenger load factor: Share of revenue passenger kilometres of available seat kilometres

-           Available tonne kilometres, ATK: Number of tonnes of capacity for carriage of passengers, cargo and mail, multiplied by kilometres flown

-           Revenue tonne kilometres, RTK: Total revenue load consisting of passengers, cargo and mail, multiplied by kilometres flown

-           Overall load factor: Share of revenue tonne kilometres of available tonne kilometres

Traffic statistics for January are published on Monday, 9 February 2015.

FINNAIR PLC



Further information:
Finnair communications, 358 9 818 4020, comms(a)finnair.com

Distribution:
NASDAQ OMX Helsinki
Principal media

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Finnair is specialised in flying between Europe and Asia via Helsinki. Finnair's strategy is based on the growing markets in Asia, the fastest connections between Europe and Asia, high-quality service, and cost-efficient, punctual operations. Founded in 1923, Finnair is one of the world's oldest continuously operating airlines. It is a member of oneworld, the leading airline alliance for quality-conscious business travelers.

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