Finnair Traffic Performance in May 2024
Finnair Plc Investor News 6 June 2024 at 9:00 a.m. EEST
Number of passengers increased due to additional capacity whereas PLF declined year-on-year, increase in cargo figures continued
In May, Finnair carried 983,500 passengers. This was 2.4% more than in May 2023.
The overall capacity, measured in Available Seat Kilometres (ASK), increased in May by 6.0% 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 8.0% due to the co-operation with Qantas. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 2.0%. The Passenger Load Factor (PLF) declined by 2.7% points to 71.3%. 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 2.0% year-on-year. The North Atlantic capacity decreased by 4.8%. In European traffic, the ASKs were up by 13.6% as majority of the increase in narrow-body capacity was allocated to Europe. The Middle Eastern capacity declined by 4.7% mainly due to cancelled flights to Israel. The ASKs in domestic traffic increased by 15.9% due to the additional narrow-body capacity.
RPKs increased in Asian traffic by 1.6% year-on-year. They increased by 7.7% in North Atlantic traffic and by 2.3% in European traffic. They decreased by 5.4% in Middle Eastern traffic and by 5.7% in domestic traffic.
In May, the PLF was 70.2% in Asian traffic, 79.1% in North Atlantic traffic, 72.3% in European traffic, 60.8% in Middle Eastern traffic and 61.0% in domestic traffic.
Passenger numbers increased by 0.8% in Asian traffic, by 4.4% in European traffic and by 5.8% in North Atlantic traffic. They decreased by 7.4% in Middle Eastern traffic and by 6.1% in domestic traffic.
The total cargo tonnes increased by 12.7% year-on-year in May due to growth in all traffic areas exclusive of domestic cargo traffic. Revenue cargo tonne kilometres increased by 9.1%.
In May, 77.2% of all Finnair flights arrived on schedule (86.5%). The on-time performance decline was due to the closure of one of the runways at Helsinki Airport for renovation work.
Traffic statistics for June 2024 will be published on Friday 5 July 2024.
| Finnair Traffic Performance May 2024 | ||||
| Month | % Change | YTD | % Change | |
| Total traffic | ||||
| Passengers 1,000 | 983.5 | 2.4 | 4,432,1 | 0.2 |
| Available seat kilometres mill | 3,365.8 | 6.0 | 15,343,1 | 4.6 |
| Revenue passenger kilometres mill | 2,399,5 | 2.0 | 11,050.4 | 0.9 |
| Passenger load factor % | 71.3 | - 2.7p | 72.0 | - 2.6p |
| Cargo tonnes total | 13,017.6 | 12.7 | 58,983.3 | 11.6 |
| Available tonne kilometres mill | 490,3 | 6.5 | 2,251.4 | 6.7 |
| Revenue tonne kilometres mill | 290,0 | 3.8 | 1,340.7 | 3.1 |
| Available seat kilometres incl. wet lease out mill | 3 582,6 | 8.0 | 16,383.8 | 4.9 |
| Asia | ||||
| Passengers 1,000 | 102.4 | 0.8 | 524.5 | - 0.2 |
| Available seat kilometres mill | 1,108.0 | 2.0 | 5,712.6 | 7.9 |
| Revenue passenger kilometres mill | 777.7 | 1.6 | 4,081.4 | 3.2 |
| Passenger load factor % | 70.2 | - 0.3p | 71.4 | - 3.3p |
| Europe | ||||
| Passengers 1,000 | 702.7 | 4.4 | 2,765.3 | 2.7 |
| Available seat kilometres mill | 1,549.9 | 13.6 | 6,049.9 | 8.4 |
| Revenue passenger kilometres mill | 1,121,0 | 2.3 | 4,428.2 | 1.1 |
| Passenger load factor % | 72.3 | - 7.9p | 73.2 | - 5.3p |
| North Atlantic | ||||
| Passengers 1,000 | 39.8 | 5.8 | 144.4 | - 5.1 |
| Available seat kilometres mill | 383.9 | - 4.8 | 1,595.6 | - 9.5 |
| Revenue passenger kilometres mill | 303.7 | 7.7 | 1,134.9 | - 2.4 |
| Passenger load factor % | 79.1 | 9.1p | 71.1 | 5.1p |
| Middle East | ||||
| Passengers 1,000 | 31.3 | - 7.4 | 196.2 | - 6.5 |
| Available seat kilometres mill | 233.1 | - 4.7 | 1,227.8 | - 6.6 |
| Revenue passenger kilometres mill | 141.7 | - 5.4 | 889.7 | - 4.4 |
| Passenger load factor % | 60.8 | - 0.5p | 72.5 | 1.7p |
| Domestic | ||||
| Passengers 1,000 | 107.3 | - 6.1 | 801.7 | - 4.7 |
| Available seat kilometres mill | 90.7 | 15.9 | 757.2 | 5.6 |
| Revenue passenger kilometres mill | 55.4 | - 5.7 | 516.2 | - 1.4 |
| Passenger load factor % | 61.0 | - 13.9p | 68.2 | - 4.9p |
| Cargo traffic | ||||
| - Europe tonnes | 2,978.4 | 33.0 | 11,460.8 | 38.2 |
| - North Atlantic tonnes | 1,610.3 | 14.0 | 5,904.1 | - 10.9 |
| - Middle East tonnes | 1,837.5 | 16.3 | 9,585.3 | 6.6 |
| - Asia tonnes | 6,547.0 | 5.0 | 31,782.9 | 11.1 |
| - Domestic tonnes | 22.9 | - 32.9 | 107.2 | - 32.3 |
| - Cargo flights tonnes* | 21.5 | - 58.1 | 142.9 | - 9.5 |
| Cargo traffic tonnes total | 13,017.6 | 12.7 | 58,983.3 | 11.6 |
| Revenue cargo tonne kilometres mill | 75.4 | 9.1 | 352.7 | 9.6 |
* 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:
Finnair Media Desk, +358 9 818 4020, comms(a)finnair.com
Finnair Gallery: http://gallery.finnair.com
Finnair on Twitter: www.twitter.com/Finnair
Finnair blogs: https://bluewings.finnair.com/
Finnair on Facebook: www.facebook.com/finnair
Finnair Group website: https://company.finnair.com/en