Finnair Traffic Performance in January 2017
Finnair Plc Investor News 7 February 2017 at 09:00 am EET
Number of passengers grew 7.0% year-on-year
In January, Finnair's overall capacity measured in Available Seat Kilometres grew by 0.1 per cent, and traffic measured in Revenue Passenger Kilometres grew by 3.4 per cent year‐on‐year. Overall, the passenger load factor increased by 2.6 percentage points to 80.5 per cent.
The capacity in Finnair’s largest traffic area, Asia, contracted by 3.7 per cent in January, but traffic grew by 3.3 per cent on the back of a higher passenger load factor. Finnair suspended flights to Chongqing as planned between 11 January and 2 May 2017 due to its pilots’ A350 trainings. In addition, there were an extraordinarily high number of cancellations in Asian traffic during the month.
The capacity in American traffic increased by 2.7 per cent year-on-year, and traffic as measured by RPK decreased by 0.9 per cent. The scheduled destination range was the same as in the comparison period. Part of the Atlantic traffic was operated by temporarily wet-leased aircraft and flight crew during the month.
European capacity grew by 2.1 per cent and traffic grew by 2.7 per cent year-on-year. Domestic capacity also increased by as much as 21.3 per cent, and traffic increased by 18.7 per cent year‐on‐year mostly reflecting increased flying to Northern Finland.
In January, the cargo capacity in scheduled traffic measured in Available Cargo Tonne Kilometres contracted by 4.4 per cent, and Revenue Cargo Tonne Kilometres decreased by 10.9 per cent year-on-year. Cancellations of long-haul flights in early January had a negative impact on cargo sales, since the cancelled flights would have been to main cargo markets. Finnair’s total freight capacity also included three weekly freighter flights between Helsinki and Brussels, operated by DHL.
In January, 75.8 per cent of all Finnair flights arrived on schedule (74.2).
Traffic statistics for February 2017 will be published on Tuesday, 7 March 2017.
Finnair Traffic Performance January 2017
| January 2017 | %-Change | Year-to date 2017 | %-Change | |
| Total Traffic | ||||
| Passengers 1000 | 835,2 | 7,0 | 835,2 | 7,0 |
| Available seat kilometres mill | 2 733,8 | 0,1 | 2 733,8 | 0,1 |
| Revenue passenger kilometres mill | 2 200,4 | 3,4 | 2 200,4 | 3,4 |
| Passenger load factor % | 80,5 | 2,6 p | 80,5 | 2,6 p |
| Cargo tonnes total | 9 736,1 | -9,4 | 9 736,1 | -9,4 |
| Available tonne kilometres mill | 408,1 | 2,0 | 408,1 | 2,0 |
| Revenue tonne-kilometres mill | 255,0 | -0,1 | 255,0 | -0,1 |
| Overall load factor % | 62,5 | -1,3 p | 62,5 | -1,3 p |
| Europe | ||||
| Passengers 1000 | 458,8 | 5,6 | 458,8 | 5,6 |
| Available seat kilometres mill | 1 005,7 | 2,1 | 1 005,7 | 2,1 |
| Revenue passenger kilometres mill | 722,9 | 2,7 | 722,9 | 2,7 |
| Passenger load factor % | 71,9 | 0,5 p | 71,9 | 0,5 p |
| North Atlantic | ||||
| Passengers 1000 | 22,3 | -1,1 | 22,3 | -1,1 |
| Available seat kilometres mill | 214,1 | 2,7 | 214,1 | 2,7 |
| Revenue passenger kilometres mill | 167,1 | -0,9 | 167,1 | -0,9 |
| Passenger load factor % | 78,0 | -2,8 p | 78,0 | -2,8 p |
| Asia | ||||
| Passengers 1000 | 159,3 | 3,6 | 159,3 | 3,6 |
| Available seat kilometres mill | 1 353,2 | -3,7 | 1 353,2 | -3,7 |
| Revenue passenger kilometres mill | 1 202,0 | 3,3 | 1 202,0 | 3,3 |
| Passenger load factor % | 88,8 | 6,0 p | 88,8 | 6,0 p |
| Domestic | ||||
| Passengers 1000 | 194,8 | 14,9 | 194,8 | 14,9 |
| Available seat kilometres mill | 160,9 | 21,3 | 160,9 | 21,3 |
| Revenue passenger kilometres mill | 108,4 | 18,7 | 108,4 | 18,7 |
| Passenger load factor % | 67,4 | -1,5 p | 67,4 | -1,5 p |
| Cargo Traffic | ||||
| Cargo scheduled traffic total tonnes | 8 419,7 | -10,4 | 8 419,7 | -10,4 |
| Europe tonnes | 1 712,3 | -2,9 | 1 712,3 | -2,9 |
| North Atlantic tonnes | 602,9 | -16,9 | 602,9 | -16,9 |
| Asia tonnes | 5 964,3 | -11,7 | 5 964,3 | -11,7 |
| Domestic tonnes | 140,3 | -8,2 | 140,3 | -8,2 |
| Cargo flights, tonnes** | 1 316,4 | -1,9 | 1 316,4 | -1,9 |
| Cargo tonnes total | 9 736,1 | -9,4 | 9 736,1 | -9,4 |
| Available tonne kilometres* mill | 116,2 | -3,6 | 116,2 | -3,6 |
| Revenue tonne kilometres mill | 58,2 | -10,3 | 58,2 | -10,3 |
| Available sched.cargo tonne kms*, mill. | 107,9 | -4,4 | 107,9 | -4,4 |
| Revenue sched.cargo tonne kms, mill. | 51,5 | -10,9 | 51,5 | -10,9 |
| Cargo load factor* % | 50,0 | -3,7 p | 50,0 | -3,7 p |
| - North-Atlantic cargo load factor* % | 37,3 | -3,7 p | 37,3 | -3,7 p |
| - Asia cargo load factor* % | 51,2 | -3,6 p | 51,2 | -3,6 p |
| Scheduled traffic Cargo load factor*, % | 47,8 | -3,5 p | 47,8 | -3,5 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
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.