Finnair Traffic Performance in January 2024
Finnair Plc Investor News 7 February 2024 at 9:00 a.m. EET
Finnair Traffic Performance in January 2024
Increase in passenger traffic numbers year-on-year during a seasonally slower month, on-time performance impacted by severe weather conditions
In January, Finnair carried 819,800 passengers, which was 0.4% more than in January 2023.
The overall capacity, measured in Available Seat Kilometres (ASK), increased in January by 5.6% year-on-year. If wet lease outs are included, capacity increased by 4.0%. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 1.3%. The Passenger Load Factor (PLF) declined by 3.0% points to 69.2%. The distance-based reported traffic figures do not take into account longer routings caused by the airspace closure as they are based on Great-Circle distance.
The ASK increase in Asian traffic was 13.1% year-on-year explained e.g. by the additional capacity to Japan and South Korea. The North Atlantic capacity decreased by 5.8%. In European traffic, the ASKs were up by 5.9%. The Middle Eastern capacity declined by 7.3% mainly due to cancelled flights to Israel. The ASKs in domestic traffic increased by 0.4%.
RPKs increased in Asian traffic by 3.0% year-on-year but decreased in North Atlantic traffic by 3.7%. They increased by 2.2% in European traffic but decreased by 0.9% in Middle Eastern traffic and by 2.4% in domestic traffic.
In January, the PLF was 68.5% in Asian traffic, 67.3% in North Atlantic traffic, 68.9% in European traffic, 79.4% in Middle Eastern traffic and 63.9% in domestic traffic.
Passenger numbers increased in Asian traffic by 0.6% year-on-year but decreased in North Atlantic traffic by 4.0%. They increased by 3.4% in European traffic but declined by 2.7% in Middle Eastern traffic and by 5.2% in domestic traffic.
The total cargo tonnes increased by 17.5% year-on-year in January due to increased Asian and European capacity. Revenue cargo tonne kilometres increased by 16.3%.
In January, 66.2% of all Finnair flights arrived on schedule (81.2%). On-time performance was mainly impacted by severe weather conditions.
Traffic statistics for February 2024 will be published on Thursday 7 March 2024.
| Finnair Traffic Performance January 2024 | ||||
| Month | % Change | YTD | % Change | |
| Total traffic | ||||
| Passengers 1,000 | 819.8 | 0.4 | 819.8 | 0.4 |
| Available seat kilometres mill | 3,055.6 | 5.6 | 3,055.6 | 5.6 |
| Revenue passenger kilometres mill | 2,114.6 | 1.3 | 2,114.6 | 1.3 |
| Passenger load factor % | 69.2 | - 3.0p | 69.2 | - 3.0p |
| Cargo tonnes total | 11,114.7 | 17.5 | 11,114.7 | 17.5 |
| Available tonne kilometres mill | 452.3 | 9.5 | 452.3 | 9.5 |
| Revenue tonne kilometres mill | 257.2 | 4.9 | 257.2 | 4.9 |
| Available seat kilometres incl. wet lease out mill | 3,266.3 | 4.0 | 3,266.3 | 4.0 |
| Asia | ||||
| Passengers 1,000 | 109.1 | 0.6 | 109.1 | 0.6 |
| Available seat kilometres mill | 1,218.7 | 13.1 | 1,218.7 | 13.1 |
| Revenue passenger kilometres mill | 834.7 | 3.0 | 834.7 | 3.0 |
| Passenger load factor % | 68.5 | - 6.7p | 68.5 | - 6.7p |
| Europe | ||||
| Passengers 1,000 | 462.7 | 3.4 | 462.7 | 3.4 |
| Available seat kilometres mill | 1,083.3 | 5.9 | 1,083.3 | 5.9 |
| Revenue passenger kilometres mill | 746.7 | 2.2 | 746.7 | 2.2 |
| Passenger load factor % | 68.9 | - 2.5p | 68.9 | - 2.5p |
| North Atlantic | ||||
| Passengers 1,000 | 26.2 | - 4.0 | 26.2 | - 4.0 |
| Available seat kilometres mill | 304.2 | - 5.8 | 304.2 | - 5.8 |
| Revenue passenger kilometres mill | 204.8 | - 3.7 | 204.8 | - 3.7 |
| Passenger load factor % | 67.3 | 1.5p | 67.3 | 1.5p |
| Middle East | ||||
| Passengers 1,000 | 46.5 | - 2.7 | 46.5 | - 2.7 |
| Available seat kilometres mill | 265.5 | - 7.3 | 265.5 | - 7.3 |
| Revenue passenger kilometres mill | 210.9 | - 0.9 | 210.9 | - 0.9 |
| Passenger load factor % | 79.4 | 5.1p | 79.4 | 5.1p |
| Domestic | ||||
| Passengers 1,000 | 175.2 | - 5.2 | 175.2 | - 5.2 |
| Available seat kilometres mill | 183.9 | 0.4 | 183.9 | 0.4 |
| Revenue passenger kilometres mill | 117.6 | - 2.4 | 117.6 | - 2.4 |
| Passenger load factor % | 63.9 | - 1.9p | 63.9 | - 1.9p |
| Cargo traffic | ||||
| - Europe tonnes | 1,882.9 | 47.4 | 1,882.9 | 47.4 |
| - North Atlantic tonnes | 1,032.8 | - 21.3 | 1,032.8 | - 21.3 |
| - Middle East tonnes | 1,912.9 | 5.3 | 1,912.9 | 5.3 |
| - Asia tonnes | 6,239.7 | 25.0 | 6,239.7 | 25.0 |
| - Domestic tonnes | 23.6 | - 24.8 | 23.6 | - 24.8 |
| - Cargo flights tonnes* | 22.8 | - 16.3 | 22.8 | - 16.3 |
| Cargo traffic tonnes total | 11,114.7 | 17.5 | 11,114.7 | 17.5 |
| Revenue cargo tonne kilometres mill | 68.1 | 16.3 | 68.1 | 16.3 |
* Including purchased traffic
- Change %: Change compared to the figures of the respective periods 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: 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:
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