Finnair Traffic Performance in November 2016

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Finnair Plc         Stock Exchange Release         9 December 2016 at 09:00 am EET

Number of passengers grew 2.2% year-on-year

In November, Finnair's overall capacity measured in Available Seat Kilometres grew by 1.7 per cent, and traffic measured in Revenue Passenger Kilometres grew by 1.5 per cent year‐on‐year. The passenger load factor declined by 0.2 percentage points to 76.0 per cent.

The capacity in Finnair’s largest traffic area, Asia, grew by 2.3 per cent in November, and traffic grew slightly more, by 3.9 per cent on the back of higher passenger load factor. The new Fukuoka and Guangzhou routes were retired in October for the winter season. Hence the November destination range was the same as in the comparison period, and the capacity growth was due to the additional capacity introduced by the A350s.

The capacity in American traffic declined by 4.2 per cent year-on-year, and traffic measured in RPK decreased 10.3 per cent. The contraction in capacity was due to unforeseen aircraft overhaul, which forced the cancellation of four round trips on the New York route, which was being operated by temporarily leased aircraft and flight crew during the month.

European traffic remained largely unchanged as capacity grew by 1.4 per cent and RPK declined by 0.3 per cent year-on-year. The domestic capacity increased by 6.2 per cent, and traffic increased by 6.6 per cent year‐on‐year reflecting mostly increased flying to Northern Finland.

In November, the cargo capacity in scheduled traffic measured in Available Tonne Kilometres grew by 2.2 per cent, and Revenue Tonne Kilometres increased by 5.8 per cent year-on-year. In addition, Finnair’s total freight capacity included three weekly freighter flights between Helsinki and Brussels, operated by DHL.

In November, 75.9 per cent of all Finnair flights arrived on schedule (92.1).

Traffic statistics for December 2016 will be published on Tuesday, 10 January 2017.

Finnair Traffic Performance November 2016

November 2016  %-Change Year-to   date 2016 %-Change
Total Traffic
Passengers   1000 825,4 2,2 10 025,1 5,5
Available   seat kilometres mill 2 570,2 1,7 31 188,7 6,7
Revenue passenger   kilometres mill 1 953,6 1,5 24 915,0 5,6
Passenger   load factor % 76,0 -0,2 p 79,9 -0,8 p
Cargo   tonnes total 12 497,5 2,8 135 671,5 12,9
Available   tonne kilometres mill 385,4 5,3 4 613,3 8,4
Revenue   tonne-kilometres mill 249,5 2,2 3 049,1 7,6
Overall   load factor % 64,7 -2,0 p 66,1 -0,5 p
Europe
Passengers   1000 481,4 1,6 6 210,4 4,4
Available   seat kilometres mill 998,8 1,4 12 270,9 2,6
Revenue   passenger kilometres mill 737,5 -0,3 9 663,9 2,8
Passenger   load factor % 73,8 -1,2 p 78,8 0,1 p
North Atlantic
Passengers   1000 16,1 -13,5 272,1 11,4
Available   seat kilometres mill 164,7 -4,2 2 460,5 22,3
Revenue   passenger kilometres mill 118,4 -10,3 1 958,7 16,0
Passenger   load factor % 71,9 -4,9 p 79,6 -4,3 p
Asia
Passengers   1000 133,0 3,8 1 636,7 5,6
Available   seat kilometres mill 1 260,1 2,3 15 072,3 7,9
Revenue   passenger kilometres mill 1 001,0 3,9 12 340,0 6,1
Passenger   load factor % 79,4 1,2 p 81,9 -1,4 p
Domestic
Passengers   1000 194,9 4,3 1 905,9 8,2
Available   seat kilometres mill 146,6 6,2 1 385,0 6,6
Revenue   passenger kilometres mill 96,6 6,6 952,4 8,5
Passenger   load factor % 65,9 0,2 p 68,8 1,2 p
Cargo Traffic
Cargo   scheduled traffic total tonnes 10 993,0 5,3 119 764,7 14,2
Europe   tonnes 2 342,3 6,2 24 079,6 20,2
North   Atlantic tonnes 507,5 -30,0 8 309,2 12,3
Asia   tonnes 7 979,3 8,4 85 771,5 13,1
Domestic   tonnes 163,9 9,6 1 604,5 1,6
Cargo   flights, tonnes** 1 504,5 -12,6 15 906,8 3,6
Cargo   tonnes total 12 497,5 2,8 135 671,5 12,9
Available   tonne kilometres* mill 112,2 2,5 1346,0 5,8
Revenue   tonne kilometres mill 74,8 3,9 820,3 13,3
Available   sched.cargo tonne kms*, mill. 104,1 2,2 1258,5 5,9
Revenue   sched.cargo tonne kms, mill. 67,3 5,8 738,5 14,0
Cargo load   factor* % 66,6 0,9 p 60,9 4,0 p
-   North-Atlantic cargo load factor* % 34,8 -4,5 p 40,1 0,6 p
- Asia   cargo load factor* % 71,0 0,8 p 64,0 5,0 p
Scheduled traffic Cargo load factor*, %  64,7 2,2 p 58,7 4,2 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 PLC

Further information:
Finnair communications, 358 9 818 4020, comms(a)finnair.com

Distribution:
NASDAQ OMX Helsinki
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