Finnair Traffic Performance in April 2016

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Finnair Plc. Stock Exchange Release 9 April 2016 at 09:00 am EET

Number of passengers grew 4.4% year‐on‐year

In April, Finnair's overall capacity measured in Available Seat Kilometres grew by 3.4 per cent. Traffic measured in Revenue Passenger Kilometres declined by 0.1 per cent year‐on‐year. The passenger load factor declined by 2.4%-points to 75.1 per cent. The timing of Easter in March 2016 reduced April leisure traffic from last year, when Easter was in April. In addition, the terror strike at Brussels airport in late March weighed on passenger demand in April on many routes.

The capacity in Asian traffic grew moderately, by 1.1 per cent in April, while traffic declined by 3.1 per cent. Meanwhile, capacity in American traffic increased by 47.3 per cent due to the Miami route being operated this year, and traffic measured in RPK grew by as much as 34.0 per cent.

The capacity in European traffic declined by 1.1 per cent, and traffic declined by 1.7 per cent year‐on‐year. At the same time, the capacity in domestic traffic grew by 22.7 per cent and traffic by 15.1 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 April, the cargo capacity in scheduled traffic measured in Available Tonne Kilometres grew by 3.9 per cent, and Revenue Tonne Kilometres increased by 22.3 per cent year on year. In addition to belly capacity on passenger flights, Finnair’s total freight capacity includes two weekly freighter flights between Helsinki and Brussels and one freighter flight shared with IAG between Helsinki and London, both operated by DHL.

In April, 94.3 per cent of all Finnair flights arrived on schedule (90.6).

Traffic statistics for May 2016 will be published on Wednesday, 8 June 2016.

Finnair Traffic Performance, April 2016

April 2016 %-Change Year-to   date 2016 %-Change
Total Traffic
Passengers   1000 847,2 4,4 3 348,3 8,2
Available   seat kilometres mill 2 580,8 3,2 10 701,4 4,7
Revenue   passenger kilometres mill 1 937,4 -0,1 8 337,8 4,7
Passenger   load factor % 75,1 -2,4 p 77,9 -0,0 p
Cargo   tonnes total 12 771,7 24,8 45 701,8 12,4
Available   tonne kilometres mill 381,4 4,2 1 569,8 4,7
Revenue   tonne-kilometres mill 250,1 6,5 1 021,4 7,1
Overall   load factor % 65,6 1,4 p 65,1 1,4 p
Europe
Passengers   1000 523,2 1,7 1 912,0 5,1
Available   seat kilometres mill 1 036,0 -1,1 4 034,5 3,4
Revenue   passenger kilometres mill 788,5 -1,7 3 017,3 2,5
Passenger   load factor % 76,1 -0,5 p 74,8 -0,7 p
North Atlantic
Passengers   1000 17,3 26,4 85,6 12,1
Available   seat kilometres mill 163,2 47,3 795,6 14,2
Revenue   passenger kilometres mill 121,5 34,0 630,1 14,3
Passenger   load factor % 74,4 -7,4 p 79,2 0,0 p
Asia
Passengers   1000 124,5 -3,8 563,8 2,8
Available   seat kilometres mill 1 247,7 1,1 5 269,2 2,9
Revenue   passenger kilometres mill 938,3 -3,1 4 266,8 3,8
Passenger   load factor % 75,2 -3,3 p 81,0 0,7 p
Domestic
Passengers   1000 182,2 18,5 786,9 20,9
Available   seat kilometres mill 133,8 22,7 602,0 21,0
Revenue   passenger kilometres mill 89,1 15,1 423,6 19,4
Passenger   load factor % 66,6 -4,4 p 70,4 -0,9 p
Cargo Traffic
Cargo   scheduled traffic total tonnes 11 084,9 20,9 39 615,1 11,9
Europe   tonnes 2 189,5 19,0 7 704,8 13,4
North   Atlantic tonnes 691,9 44,1 2 718,9 2,2
Asia   tonnes 8 054,6 20,1 28 578,8 12,7
Domestic   tonnes 148,9 5,9 612,6 8,2
Cargo   flights, tonnes** 1 686,8 58,1 6 086,7 15,4
Cargo   tonnes total 12 771,7 24,8 45 701,8 12,4
Available   tonne kilometres* mill 113,6 4,8 467,6 4,8
Revenue   tonne kilometres mill 76,9 25,3 275,6 14,0
Available   sched.cargo tonne kms*, mill. 105,5 3,9 436,0 5,0
Revenue   sched.cargo tonne kms, mill. 68,5 22,3 244,0 12,6
Cargo load   factor* % 67,7 11,1 p 58,9 4,8 p
-   North-Atlantic cargo load factor* % 46,6 0,9 p 42,6 0,4 p
- Asia   cargo load factor* % 70,3 12,1 p 60,1 4,9 p
Scheduled traffic Cargo load factor*, % 64,9 9,8 p 56,0 3,7 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:
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Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a unique Nordic experience, and its mission is to offer the smoothest, fastest connections in the northern hemisphere via Helsinki and the best network to the world from its home markets. Finnair is the only Nordic carrier with a 4-star Skytrax ranking and a member of the oneworld alliance. In 2015, Finnair’s revenues amounted to EUR 2,255 million and it had a personnel of 4,800 at the year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.

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