Finnair Traffic Performance in March 2016

Finnair Plc. Stock Exchange Release 8 April 2016 at 09:00 am EET

Number of passengers grew 6.5% year‐on‐year

In March, Finnair's overall capacity measured in Available Seat Kilometres grew by 3.3 per cent and traffic measured in Revenue Passenger Kilometres grew by 4.2 per cent year‐on‐year. The passenger load factor rose by 0.6%-points to 79.5 per cent

The capacity in Asian traffic remained unchanged in March, while traffic increased by 0.1 per cent year‐on‐year on the back of slightly higher loads. Meanwhile, capacity in American traffic increased by 21.9 per cent due to the Miami route being operated this year, and traffic measured in RPK grew by as much as 30.1 per cent.

The capacity in European traffic grew by 2.6 per cent, while traffic grew by 3.6 per cent year‐on‐year. At the same time, the capacity in domestic traffic grew by 16.1 per cent and traffic by 14.5 per cent year‐on‐year, particularly due to the inclusion of the routes previously operated at Norra’s own commercial risk as Finnair’s purchased traffic after the reference period.

In January–March, the passenger unit revenue* per available seat kilometre rose by 0.5 per cent year‐on‐year and totalled 5.17 euro cents.

"In the first quarter of 2016, the passenger unit revenue improved slightly in our long-haul traffic. Meanwhile, unit revenue developments were slightly negative on our domestic and European routes, where our capacity has increased faster and load developments have been sluggish", says Finnair CFO Pekka Vähähyyppä.

In March, the cargo capacity in scheduled traffic measured in Available Tonne Kilometres grew by 2.5 per cent, and Revenue Tonne Kilometres increased by 6.1 per cent year on year. The cargo load factor in scheduled traffic was 55.5 per cent. In addition, Finnair’s total freight capacity includes two weekly freighter flights between Helsinki and Brussels and two weekly freighter flights shared with IAG between Helsinki and London, both operated by DHL.

In March, 88.7 per cent of all Finnair flights arrived on schedule (90.3).

Traffic statistics for April 2016 will be published on Monday, 9 May 2016.

Finnair Traffic Performance March 2016

March 2016 %-Change Year-to   date 2016 %-Change
Total Traffic
Passengers   1000 905,8 6,5 2 501,1 9,5
Available   seat kilometres mill 2 788,8 3,3 8 120,6 5,3
Revenue   passenger kilometres mill 2 216,5 4,2 6 400,4 6,3
Passenger   load factor % 79,5 0,6 p 78,8 0,8 p
Cargo   tonnes total 11 638,2 3,0 32 930,1 8,2
Available   tonne kilometres mill 408,2 3,3 1 188,3 4,8
Revenue   tonne-kilometres mill 268,9 4,6 771,3 7,2
Overall   load factor % 65,9 0,9 p 64,9 1,4 p
Europe
Passengers   1000 512,4 5,0 1 388,9 6,5
Available   seat kilometres mill 1 050,7 2,6 2 998,6 5,1
Revenue   passenger kilometres mill 825,8 3,6 2 228,8 4,0
Passenger   load factor % 78,6 0,8 p 74,3 -0,8 p
North Atlantic
Passengers   1000 24,6 26,0 68,3 8,9
Available   seat kilometres mill 219,2 21,9 632,4 8,0
Revenue   passenger kilometres mill 181,2 30,1 508,6 10,4
Passenger   load factor % 82,7 5,2 p 80,4 1,8 p
Asia
Passengers   1000 142,8 -1,0 439,3 4,8
Available   seat kilometres mill 1 341,3 0,0 4 021,5 3,5
Revenue   passenger kilometres mill 1 081,3 0,1 3 328,5 5,9
Passenger   load factor % 80,6 0,1 p 82,8 1,9 p
Domestic
Passengers   1000 226,0 13,8 604,7 21,7
Available   seat kilometres mill 177,7 16,1 468,2 20,5
Revenue   passenger kilometres mill 128,2 14,5 334,5 20,6
Passenger   load factor % 72,1 -1,0 p 71,4 0,1 p
Cargo Traffic
Cargo   scheduled traffic total tonnes 10 093,9 5,6 28 530,2 8,8
Europe   tonnes 1 972,7 10,0 5 515,3 11,3
North   Atlantic tonnes 691,4 -10,3 2 027,0 -7,0
Asia   tonnes 7 277,6 6,3 20 524,2 10,0
Domestic   tonnes 152,3 -2,2 463,7 9,0
Cargo   flights, tonnes** 1 544,3 -11,0 4 399,8 4,5
Cargo   tonnes total 11 638,2 3,0 32 930,1 8,2
Available   tonne kilometres* mill 120,3 2,2 354,0 4,8
Revenue   tonne kilometres mill 70,7 6,1 198,8 10,2
Available   sched.cargo tonne kms*, mill. 112,0 2,5 330,5 5,4
Revenue   sched.cargo tonne kms, mill. 62,1 6,1 175,6 9,2
Cargo load   factor* % 58,8 2,2 p 56,1 2,8 p
-   North-Atlantic cargo load factor* % 42,9 -3,0 p 41,4 -0,1 p

* 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 for carriage of passengers, cargo and mail

FINNAIR PLC

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

Distribution:
NASDAQ OMX Helsinki
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About Us

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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