Finnair Traffic Performance in February 2020

Finnair Plc                Investor News        6 March 2020 at 9:00 a.m. EET 

Passenger load factor declined in February year-on-year due to coronavirus; traffic figures negative mainly in Asia

In February, Finnair carried 1,035,000 passengers which is 4.0% more than in the corresponding period of 2019. The overall capacity measured in Available Seat Kilometres (ASK) increased in February by 2.9%. Finnair's traffic measured in Revenue Passenger Kilometres (RPKs) decreased by 1.7%. The leap day had a growth contribution of some 3 per cent to passengers, ASK and RPK, as there was an additional day in February compared to 2019. The Passenger Load Factor (PLF) decreased year-on-year by 3.6% points to 76.1%.

The ASK decline in Asian traffic was 7.1%, due to coronavirus related route and frequency cancellations. The North Atlantic capacity increased by 33.6% following the opening of new Los Angeles route in March 2019.

In European traffic, the ASKs were up by 11.4%. 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 2.2%.

RPKs decreased in Asian traffic by 13.3%, but increased in North Atlantic traffic by 32.3%, in European traffic by 8.3% and in domestic traffic by 6.9%. The PLF was 78.9% in Asian traffic, 81.2% in North Atlantic traffic, 73.5% in European traffic and 64.9% in domestic traffic.

Passenger numbers decreased in Asian traffic by 14.8%, but increased in North Atlantic traffic by 32.1%, in European traffic by 8.9% and in domestic traffic by 4.9%.

Available scheduled cargo tonne kilometres decreased by 2.3% year-on-year and revenue scheduled cargo tonne kilometres decreased by 13.4%, both mainly due to coronavirus impact. Overall global uncertainty in world trade added with the coronavirus impact continue to press global air freight market and were especially visible in Finnair’s cargo markets in Asia.

In February, 86.1% of all Finnair flights arrived on schedule (74.4%).

Traffic statistics for March 2020 will be published on Tuesday 7 April 2020.

Finnair Traffic Performance February 2020        
  Month % Change YTD % Change
Total traffic        
Passengers 1,000 1,035.0 4.0 2,156.9 7.7
Available seat kilometres mill 3,424.4 2.9 7,406.6 6.9
Revenue passenger kilometres mill 2,607.6 -1.7 5,712.8 5.2
Passenger load factor % 76.1 -3.6p 77.1 -1.2p
Cargo tonnes total 10,087.5 -13.3 22,748.0 -3.7
Available tonne kilometres mill 496.4 1.2 1,085.8 5.9
Revenue tonne kilometres mill 297.0 -4.5 653.4 2.8
         
Asia        
Passengers 1,000 Asia 161.4 -14.8 385.2 -2.3
Available seat kilometres mill Asia 1,574.2 -7.1 3,604.5 1.8
Revenue passenger kilometres mill Asia 1,242.4 -13.3 2,937.9 -1.4
Passenger load factor % Asia 78.9 -5.6p 81.5 -2.6p
         
Europe        
Passengers 1,000 Europe 600.9 8.9 1,236.0 10.7
Available seat kilometres mill Europe 1,320.7 11.4 2,724.4 10.6
Revenue passenger kilometres mill Europe 970.8 8.3 1,981.9 10.7
Passenger load factor % Europe 73.5 -2.1p 72.7 0.0p
         
North Atlantic        
Passengers 1,000 North Atlantic 32.3 32.1 65.8 26.8
Available seat kilometres mill North Atlantic 310.5 33.6 646.6 29.4
Revenue passenger kilometres mill North Atlantic 252.1 32.3 515.8 27.6
Passenger load factor % North Atlantic 81.2 -0.8p 79.8 -1.1p
         
Domestic        
Passengers 1,000 Domestic 240.4 4.9 469.8 6.8
Available seat kilometres mill Domestic 219.0 2.2 431.1 1.0
Revenue passenger kilometres mill Domestic 142.2 6.9 277.1 9.4
Passenger load factor % Domestic 64.9 2.9p 64.3 4.9p
         
Cargo Traffic        
Europe tonnes 2,252.8 -0.4 5,093.6 10.7
North Atlantic tonnes 983.2 40.7 1,940.7 43.8
Asia tonnes 6,813.6 -21.0 15,635.4 -11.0
Domestic tonnes 37.9 -22.5 78.4 -24.9
Cargo scheduled traffic total tonnes 10,087.5 -13.3 22,748.0 -3.7
Cargo flights, tonnes** 0 0 0 0
Cargo Traffic tonnes total 10,087.5 -13.3 22,748.0 -3.7
Available tonne kilometres* mill 122.3 -2.3 273.1 4.4
Revenue tonne kilometres mill 63.8 -13.4 142.3 -5.0
Available sched. cargo tonne kms*, mill 122.3 -2.3 273.1 4.4
Revenue sched. cargo tonne kms, mill 63.8 -13.4 142.3 -5.0
Cargo load factor* % 52.2 -6.7p 52.1 -5.2p
- North-Atlantic cargo load factor* % 68.6 5.5p 65.6 6.6p
- Asia cargo load factor* % 55.9 -8.4p 55.3 -7.7p
Scheduled traffic Cargo load factor*, % 52.2 -6.7p 52.1 -5.2p

* 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

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