Finnair Traffic Performance in May 2017

Finnair Plc               Investor News             6 June 2017 at 09:00 am

Number of passengers grew 9.4% and exceeded a million

In May, Finnair's overall capacity measured in Available Seat Kilometres increased by 1.2 per cent year on year, and traffic measured in Revenue Passenger Kilometres grew by 12.8 per cent. The capacity operated with Finnair’s own fleet grew by 3.7 per cent year-on-year, while wet-lease operations decreased substantially. The number of passengers slightly exceeded a million and was 9.4 per cent more than a year ago. The passenger load factor rose by 8.4 percentage points to stand at 81.3 per cent. The strong growth is emphasised by the weak comparison period, when passenger demand was still affected by concerns about security in Europe and when Finnair had just launched two new long-haul destinations .  

The capacity in Finnair’s largest traffic area, Asia, increased by 3.8 per cent in May and traffic grew by 22.5 per cent reflecting a higher passenger load factor on almost all routes. The selection of routes and frequencies was broadly unchanged year-on-year. The positive capacity growth was mainly due to the higher passenger capacity of the A350 aircraft rolled-out in Asian traffic.

The capacity in North Atlantic traffic decreased by 34.3 per cent, and traffic decreased by 27.7 per cent. The most significant change from a year ago in the flight programme was the suspension of the Miami route from 4 May until the end of September. All North Atlantic routes were operated with Finnair’s own fleet in May.

Finnair’s capacity in European traffic increased by 6.2 per cent reflecting new seasonal routes opened for the summer and four new A321 narrow-body aircraft, and traffic grew by 11.9 per cent year-on-year. Domestic capacity decreased by 5.6 per cent, and traffic decreased by 6.2 per cent year.

Available Scheduled Cargo Tonne Kilometres decreased by 3.9, but Revenue Scheduled Cargo Tonne Kilometres increased by 10.1 per cent. Finnair’s total cargo capacity also included three weekly freighter flights between Helsinki and Brussels, operated by DHL.

In May, 89.9 per cent of all Finnair flights arrived on schedule (91.0).

Traffic statistics for June 2017 will be published on Monday, 10 July 2017.

Finnair Traffic Performance May 2017

May 2017   %-Change Year-to date 2017 %-Change
Total Traffic
Passengers 1000 1,010.1 9.4 4,573.8 7.1
Available seat kilometres mill 3,010.5 1.2 13,974.9 2.2
Revenue passenger kilometres mill 2,447.1 12.8 11,414.5 8.6
Passenger load factor % 81.3 8.4 p 81.7 4.9 p
Cargo tonnes total 13,618.6 9.5 57,987.6 -0.3
Available tonne kilometres mill 449.5 1.6 2,077.6 3.2
Revenue tonne-kilometres mill 301.6 12.6 1,371.5 6.4
Overall load factor % 67.1 6.6 p 66.0 1.9 p
Europe
Passengers 1000 665.8 12.1 2,699.1 7.7
Available seat kilometres mill 1,254.0 6.2 5,432.9 4.2
Revenue passenger kilometres mill 1,003.4 11.9 4,217.0 7.7
Passenger load factor % 80.0 4.1 p 77.6 2.6 p
North Atlantic
Passengers 1000 19.7 -24.1 109.0 -2.3
Available seat kilometres mill 165.6 -34.3 991.5 -5.4
Revenue passenger kilometres mill 133.6 -27.7 792.2 -2.8
Passenger load factor % 80.7 7.3 p 79.9 2.1 p
Asia
Passengers 1000 164.9 22.7 777.5 11.4
Available seat kilometres mill 1,475.3 3.8 6,769.2 1.2
Revenue passenger kilometres mill 1,237.7 22.5 5,872.0 11.3
Passenger load factor % 83.9 12.8 p 86.7 7.9 p
Domestic
Passengers 1000 159.7 -5.5 988.2 3.4
Available seat kilometres mill 115.4 -5.6 781.3 7.9
Revenue passenger kilometres mill 72.3 -6.2 533.3 6.5
Passenger load factor % 62.6 -0.4 p 68.3 -0.9 p
Cargo Traffic
Cargo scheduled traffic total tonnes 11,906.4 7.9 50,257.2 -0.8
Europe tonnes 2,405.0 1.1 9,990.1 -0.9
North Atlantic tonnes 842.1 0.6 3,546.8 -0.3
Asia tonnes 8,614.0 12.3 36,131.6 -0.3
Domestic tonnes 45.3 -69.4 588.8 -22.6
Cargo flights, tonnes** 1,712.3 21.9 7,730.4 3.2
Cargo tonnes total 13,618.6 9.5 57,987.6 -0.3
Available tonne kilometres* mill 125.6 -3.4 575.3 -3.7
Revenue tonne kilometres mill 82.7 12.0 350.5 0.3
Available sched.cargo tonne kms*, mill. 117.1 -3.9 534.1 -4.2
Revenue sched.cargo tonne kms, mill. 74.2 10.1 310.6 -0.3
Cargo load factor* % 65.8 9.1 p 60.9 2.5 p
- North-Atlantic cargo load factor* % 52.8 12.8 p 43.7 1.8 p
- Asia cargo load factor* % 68.4 8.6 p 63.3 3.3 p
Scheduled traffic Cargo load factor*, %   63.4 8.1 p 58.2 2.3 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  

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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