Finnair Traffic Performance in December 2019

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Finnair Plc          Investor News        7 January 2020 at 9:00 am  

Passenger load factor improved in December year-on-year and annual number of passengers reached new all-time high with 14.7 million and 10.3% growth  

In December, Finnair experienced strong demand and carried 1,154,000 passengers, 11.7% more than in the corresponding period of 2018. The overall capacity measured in Available Seat Kilometres (ASK) increased in December by 12.3%. Finnair's traffic measured in Revenue Passenger Kilometres (RPKs) increased by 13.5%, and the Passenger Load Factor (PLF) increased year-on-year by 0.8% points to 77.2%.  

Finnair’s long-haul capacity increased year-on-year with two new A350 aircraft that entered the service after the comparison period. The ASK growth in Asian traffic was 13.1%, mainly due to the doubling of Hong Kong frequencies as well as the openings of new Daxing (Beijing) and Sapporo routes in November and December respectively. The North American capacity increased by 26.6% following the opening of new Los Angeles route in March.  

In European traffic, the ASKs were up by 9.6%. The growth derived from additional seating capacity in some of the existing narrow-body aircraft and the changes in route network. The added capacity was directed especially to London. The ASKs in domestic traffic increased by 3.8% mainly due to the added capacity to longer flights.  

RPKs increased in Asian traffic by 13.0%, in North American traffic by 28.6%, in European traffic by 12.0% and in domestic traffic by 6.7%. The PLF was 77.7% in Asian traffic, 81.2% in North American traffic, 77.3% in European traffic and 66.4% in domestic traffic.  

Passenger numbers increased in Asian traffic by 12.7%, in North American traffic by 25.1%, in European traffic by 13.5% and in domestic traffic by 4.7%.  

Available scheduled cargo tonne kilometres increased by 10.9% year-on-year and revenue scheduled cargo tonne kilometres increased by 0.8%. Overall global uncertainty in world trade continues to press global air freight market and was especially visible in Finnair’s cargo markets in Asia. Cargo performance in early December was still shadowed by the Finnish postal and support strikes in late November.  

In December, 81.4% of all Finnair flights arrived on schedule (63.4%). 

Traffic statistics for January 2020 will be published on Friday 7 February 2020.  

Finnair Traffic Performance December 2019         
   Month  % Change   YTD  % Change  
Total traffic             
Passengers 1,000  1,154.0  11.7  14,650.4  10.3 
Available seat kilometres mill  3,914.7  12.3  47,188.1  11.3 
Revenue passenger kilometres mill  3,023.7  13.5  38,533.6  11.2 
Passenger load factor %  77.2  0.8p  81.7  -0.1p 
Cargo tonnes total  13,811.1  2.9  173,282.1  9.6 
Available tonne kilometres mill  579.2  12.7  6,921.1  11.0 
Revenue tonne kilometres mill  356.1  10.2  4,541.4  10.7 
              
Asia             
Passengers 1,000 Asia  202.1  12.7  2,555.8  7.2 
Available seat kilometres mill Asia  1,979.4  13.1  23,303.6  10.7 
Revenue passenger kilometres mill Asia  1,539.0  13.0  19,329.0  7.4 
Passenger load factor % Asia  77.7  -0.1p  82.9  -2.6p 
              
Europe             
Passengers 1,000 Europe  671.4  13.5  9,264.0  12.9 
Available seat kilometres mill Europe  1,386.4  9.6  17,893.4  9.8 
Revenue passenger kilometres mill Europe  1,071.9  12.0  14,472.4  13.0 
Passenger load factor % Europe  77.3  1.6p  80.9  2.3p 
              
North Atlantic             
Passengers 1,000 North Atlantic  34.2  25.1  457.0  27.4 
Available seat kilometres mill North Atlantic  326.2  26.6  4,068.4  29.7 
Revenue passenger kilometres mill North Atlantic  265.0  28.6  3,470.4  32.1 
Passenger load factor % North Atlantic  81.2  1.2p  85.3  1.5p 
              
Domestic             
Passengers 1,000 Domestic  246.4  4.7  2,373.6  1.9 
Available seat kilometres mill Domestic  222.6  3.8  1,922.8  1.2 
Revenue passenger kilometres mill Domestic  147.8  6.7  1,261.8  2.6 
Passenger load factor % Domestic  66.4  1.8p  65.6  0.9p 
              
Cargo Traffic             
Europe tonnes  3,199.4  22.4  35,182.0  53.7 
North Atlantic tonnes  901.3  16.1  13,574.4  30.1 
Asia tonnes  9,673.7  -3.1  123,953.4  6.5 
Domestic tonnes  36.7  -24.4  572.3  0.8 
Cargo scheduled traffic total tonnes  13,811.1  2.9  173,282.1  15.3 
Cargo flights, tonnes** 
Cargo Traffic tonnes total  13,811.1  2.9  173,282.1  9.6 
Available tonne kilometres* mill  151.7  10.9  1,871.9  13.9 
Revenue tonne kilometres mill  85.6  0.8  1,092.8  9.2 
Available sched. cargo tonne kms*, mill  151.7  10.9  1,871.9  15.0 
Revenue sched. cargo tonne kms, mill  85.6  0.8  1,092.8  10.6 
Cargo load factor* %  56.4  -5.6p  58.4  -2.5p 
- North-Atlantic cargo load factor* %  54.9  -2.3p  56.2  4.1p 
- Asia cargo load factor* %  60.6  -8.5p  63.3  -5.1p 
Scheduled traffic Cargo load factor*, %  56.4  -5.6p  58.4  -2.3p 

* Operational calculatory capacity 

** Including purchased traffic 

  • Change %: Change compared to the figures of the respective periods in the previous year (p = 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. 

Further information: 
Finnair Media Desk, +358 9 818 4020, comms(a)finnair.com  
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Finnair Group website: https://company.finnair.com/en

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 flies to 19 destinations in Asia, 8 in North America and over 100 destinations in Europe. Finnair is the only Nordic network carrier with a 4-star Skytrax ranking and a member of the oneworld alliance. In 2018, Finnair’s revenues amounted to EUR 2.834 million and it carried over 13 million passengers. Finnair Plc’s shares are quoted on Nasdaq Helsinki.

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