Finnair Traffic Performance in December 2024

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Finnair Plc                    Investor News               8 January 2025 at 9:00 a.m. EET

The number of passengers increased despite a decline in capacity, leading to improved passenger load factor

In December, Finnair carried 927,000 passengers, which was 5.6% more than in December 2023.

Overall capacity, measured in Available Seat Kilometres (ASK), decreased in December by 2.2% year-on-year due to a pilot strike that resulted in the cancellation of approximately 300 flights. Including wet lease outs, capacity decreased by 1.7%. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 6.7%. The Passenger Load Factor (PLF) increased by 6.5% points to 77.4%. The distance-based reported traffic figures do not take into account longer routings caused by airspace closures, as they are based on Great-Circle distance in accordance with the industry practice.

ASKs in Asian traffic were down by 9.7% year-on-year. In North Atlantic traffic, ASKs decreased by 9.9%. In European traffic, ASKs were up by 7.9%, as majority of the additional narrow-body capacity was allocated to routes in northern Europe after the wet lease outs to British Airways ended in March 2024. The Middle Eastern capacity decreased by 0.5%. ASKs in domestic traffic decreased by 1.9%.

RPKs increased by 8.1% in Asian traffic, by 10.1% in North Atlantic traffic, by 5.1% in European traffic, by 6.6% in Middle Eastern traffic and by 2.6% in domestic traffic.

In December, the PLF was 81.5% in Asian traffic, 85.0% in North Atlantic traffic, 72.0% in European traffic, 80.1% in Middle Eastern traffic and 71.8% in domestic traffic.

Passenger numbers increased by 6.5% in Asian traffic, by 9.3% in North Atlantic traffic, by 6.5% in European traffic, by 6.6% in Middle Eastern traffic and by 2.0% in domestic traffic.

Total cargo tonnes declined by 11.8% year-on-year. Revenue cargo tonne kilometres declined by 13.5%.

In December, 62.8% of all Finnair flights arrived on schedule (64.7%). On-time performance was negatively affected by difficult weather conditions and strikes.

Traffic statistics for January 2025 will be published on Thursday 6 February 2025.

Finnair Traffic Performance December 2024
Month % Change YTD* % Change
Total traffic
Passengers 1,000  927.0  5.6 11,654.5  6.1
Available seat kilometres mill 3,033.4 - 2.2 38,259.3  5.8
Revenue passenger kilometres mill 2,348.4  6.7 29,000.2  5.0
Passenger load factor %  77.4  6.5p  75.8 - 0.6p
Cargo tonnes total 11,096.6 - 11.8 146,956.7  8.6
Available tonne kilometres mill  446.3 - 2.4 5,563.7  6.4
Revenue tonne kilometres mill  276.8  1.0 3,463.1  5.4
Available seat kilometres incl. wet lease out mill 3,257.9 -1.7 40,830.4 6.8
Asia
Passengers 1,000  116.4  6.5 1,368.7  6.0
Available seat kilometres mill 1,107.9 - 9.7 13,506.9  5.9
Revenue passenger kilometres mill  903.2  8.1 10,450.5  7.1
Passenger load factor %  81.5  13.4p  77.4  0.9p
Europe
Passengers 1,000  528.8  6.5 7,646.2  7.8
Available seat kilometres mill 1,181.9  7.9 16,268.7  10.2
Revenue passenger kilometres mill  851.0  5.1 12,234.8  5.3
Passenger load factor %  72.0 - 1.9p  75.2 - 3.5p
North Atlantic
Passengers 1,000  31.5  9.3  405.7  2.1
Available seat kilometres mill  288.7 - 9.9 3,958.1 - 4.9
Revenue passenger kilometres mill  245.5  10.1 3,107.4  2.9
Passenger load factor %  85.0  15.5p  78.5  6.0p
Middle East
Passengers 1,000  47.1  6.6  470.7 - 5.0
Available seat kilometres mill  266.1 - 0.5 2,944.7 - 3.6
Revenue passenger kilometres mill  213.2  6.6 2,134.5 - 3.5
Passenger load factor %  80.1  5.3p  72.5  0.1p
Domestic
Passengers 1,000  203.3  2.0 1,763.1  3.5
Available seat kilometres mill  188.8 - 1.9 1,580.9  10.9
Revenue passenger kilometres mill  135.5  2.6 1,073.0  5.2
Passenger load factor %  71.8  3.1p  67.9 - 3.7p
Cargo traffic
- Europe tonnes 2,102.3 - 2.5 29,091.7  22.8
- North Atlantic tonnes 1,293.1 - 2.6 15,516.4  2.9
- Middle East tonnes 2,110.3  7.7 23,904.8  5.6
- Asia tonnes 5,570.9 - 21.8 77,956.7  6.2
- Domestic tonnes  20.0 - 10.9  258.8 - 23.0
- Cargo flights tonnes** 0 0  228.3 - 3.2
Cargo traffic tonnes total 11,096.6 - 11.8 146,956.7  8.6
Revenue cargo tonne kilometres mill  66.8 - 13.5  869.6  6.6

* The number of passengers and cargo tonnes for January-November 2024 were corrected in December, with a total impact of 59,100 additional passengers and 828.7 additional cargo tonnes for the period.

** Including purchased traffic

  • Change %: Change compared to the figures of the respective period in the previous year (p = points, N/A = not available)
  • Available seat kilometres (ASK): Total number of seats available multiplied by kilometres flown
  • Revenue passenger kilometres (RPK): Number of revenue passengers carried multiplied by kilometres flown
  • Passenger load factor (PLF): 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

Further information: 
Finnair Media Desk, +358 9 818 4020, comms(a)finnair.com  
Finnair Gallery: http://gallery.finnair.com  
Finnair on X: www.twitter.com/Finnair 
Finnair Blue Wings: https://bluewings.finnair.com/
Finnair on Facebook: www.facebook.com/finnair
Finnair Group website: https://company.finnair.com/en

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