Finnair Traffic Performance in July 2024
Finnair Plc Investor News 8 August 2024 at 9:00 a.m. EEST
Clearly over one million passengers as capacity increased year-on-year; cargo figures continued to improve
In July, Finnair carried 1,155,100 passengers. This was 8.7% more than in July 2023.
The overall capacity, measured in Available Seat Kilometres (ASK), increased in July by 9.1% year-on-year as additional narrow-body capacity was deployed by Finnair after the wet lease outs to British Airways ended in March 2024. If wet lease outs are included, capacity increased by 11.1% due to the co-operation with Qantas. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 7.3%. The Passenger Load Factor (PLF) declined by 1.3% points to 83.5%. 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 in accordance with the industry practice.
The ASKs in Asian traffic were up by 8.7% year-on-year due to added capacity to Japan. In North Atlantic traffic, ASKs increased by 9.4% due to added frequencies to Dallas. In European traffic, the ASKs were up by 11.2% as majority of the increase in narrow-body capacity was allocated to Europe. The Middle Eastern capacity declined by 4.0% mainly due to temporarily ceased operations to Israel. The ASKs in domestic traffic increased by 14.8% due to the additional narrow-body capacity.
RPKs increased in Asian traffic by 8.9% year-on-year. They increased by 11.2% in North Atlantic traffic, by 7.0% in European traffic and by 5.0% in domestic traffic whereas they decreased by 4.5% in Middle Eastern traffic.
In July, the PLF was 85.2% in Asian traffic, 88.5% in North Atlantic traffic, 82.8% in European traffic, 77.2% in Middle Eastern traffic and 63.6% in domestic traffic.
Passenger numbers increased by 8.0% in Asian traffic, by 10.7% in European traffic and by 9.9% in North Atlantic traffic. They decreased by 6.0% in Middle Eastern traffic and by 1.4% in domestic traffic.
The total cargo tonnes increased by 15.8% year-on-year in July due to growth in all traffic areas exclusive of domestic traffic. Revenue cargo tonne kilometres increased by 16.9%.
In July, 75.2% of all Finnair flights arrived on schedule (81.3%). The on-time performance decline was due to airspace and air traffic control capacity restrictions across Europe.
Traffic statistics for August 2024 will be published on Friday 6 September 2024.
| Finnair Traffic Performance July 2024 | ||||
| Month | % Change | YTD | % Change | |
| Total traffic | ||||
| Passengers 1,000 | 1,155.1 | 8.7 | 6,677.7 | 3.0 |
| Available seat kilometres mill | 3,508.0 | 9.1 | 22,230.8 | 6.0 |
| Revenue passenger kilometres mill | 2,928.2 | 7.3 | 16,681.1 | 3.1 |
| Passenger load factor % | 83.5 | - 1.3p | 75.0 | - 2.1p |
| Cargo tonnes total | 12,637.0 | 15.8 | 84,515.1 | 11.5 |
| Available tonne kilometres mill | 502.4 | 9.7 | 3,242.6 | 7.6 |
| Revenue tonne kilometres mill | 337.3 | 9.3 | 1,995.1 | 4.8 |
| Available seat kilometres incl. wet lease out mill | 3,732.5 | 11.1 | 23,712.8 | 6.8 |
| Asia | ||||
| Passengers 1,000 | 128.7 | 8.0 | 766.9 | 2.0 |
| Available seat kilometres mill | 1,149.0 | 8.7 | 7,963.6 | 7.8 |
| Revenue passenger kilometres mill | 978.9 | 8.9 | 5,917.0 | 4.6 |
| Passenger load factor % | 85.2 | 0.2p | 74.3 | - 2.3p |
| Europe | ||||
| Passengers 1,000 | 850.3 | 10.7 | 4,403.4 | 5.8 |
| Available seat kilometres mill | 1,621.5 | 11.2 | 9,209.8 | 9.5 |
| Revenue passenger kilometres mill | 1,342.8 | 7.0 | 7,030.7 | 3.6 |
| Passenger load factor % | 82.8 | - 3.2p | 76.3 | - 4.3p |
| North Atlantic | ||||
| Passengers 1,000 | 49.2 | 9.9 | 241.0 | 1.4 |
| Available seat kilometres mill | 423.3 | 9.4 | 2,453.5 | - 2.8 |
| Revenue passenger kilometres mill | 374.5 | 11.2 | 1,873.7 | 3.6 |
| Passenger load factor % | 88.5 | 1.4p | 76.4 | 4.7p |
| Middle East | ||||
| Passengers 1,000 | 40.1 | - 6.0 | 272.7 | - 6.8 |
| Available seat kilometres mill | 235.7 | - 4.0 | 1,686.6 | - 6.3 |
| Revenue passenger kilometres mill | 182.1 | - 4.5 | 1,237.1 | - 4.8 |
| Passenger load factor % | 77.2 | - 0.4p | 73.3 | 1.2p |
| Domestic | ||||
| Passengers 1,000 | 86.8 | - 1.4 | 993.7 | - 4.0 |
| Available seat kilometres mill | 78.4 | 14.8 | 917.3 | 6.8 |
| Revenue passenger kilometres mill | 49.9 | 5.0 | 622.7 | - 0.6 |
| Passenger load factor % | 63.6 | - 6.0p | 67.9 | - 5.1p |
| Cargo traffic | ||||
| - Europe tonnes | 2,573.4 | 16.9 | 16,751.0 | 29.2 |
| - North Atlantic tonnes | 1,484.4 | 28.6 | 8,956.3 | - 1.0 |
| - Middle East tonnes | 1,834.3 | 9.7 | 13,466.4 | 8.1 |
| - Asia tonnes | 6,725.2 | 14.8 | 45,049.9 | 9.9 |
| - Domestic tonnes | 19.7 | - 8.5 | 148.6 | - 28.1 |
| - Cargo flights tonnes* | 0.0 | 0.0 | 142.9 | - 9.5 |
| Cargo traffic tonnes total | 12,637.0 | 15.8 | 84,515.1 | 11.5 |
| Revenue cargo tonne kilometres mill | 75.3 | 16.9 | 503.3 | 10.1 |
* 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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