Finnair Traffic Performance in September 2014
Finnair Plc. Stock Exchange Release 7 October 2014 at 09:00
In September, Finnair's overall capacity was flat and traffic measured in Revenue Passenger Kilometres decreased by 1.2 per cent year‐on‐year. Passenger load factor was 80.2 per cent.
The capacity in Asian traffic decreased by 5.0 per cent and the traffic measured in Revenue Passenger Kilometres by 2.9 per cent year‐on‐year.
European traffic measured in Revenue Passenger Kilometres grew by 9.8 per cent and capacity by 13.6 per cent year-on-year.
In July–September, the passenger unit revenue* per available seat kilometre fell by 2.0 per cent year‐on-year and totalled 5.76 euro cents.
“The third quarter was seasonally strong, as typical. However, due to challenging market conditions, passenger unit revenue fell slightly year-on-year,” says Finnair CFO Erno Hildén.
Leisure traffic measured in Revenue Passenger Kilometres decreased by 33.4 per cent and capacity decreased by 32.7 per cent year-on-year.
In cargo, traffic measured in revenue tonne kilometres decreased by 0.8 per cent and the overall capacity by 8.7 per cent year-on-year. The load factor improved by 5.2 percentage points from last year’s level and was 64.6 per cent.
In September, 92.9 per cent of scheduled flights arrived on schedule (91.0). Of all traffic, 92.7 per cent (90.4) of flights were on schedule.
Finnair Traffic Performance September 2014
| September 2014 | %-Change | Year-to-date 2014 | %-Change | |
| Total Traffic | ||||
| Passengers 1000 | 842,1 | 1,5 | 7 356,7 | 3,3 |
| Available seat kilometres mill | 2 644,8 | 0,0 | 23 493,9 | -1,0 |
| Revenue passenger kilometres mill | 2 121,1 | -1,2 | 19 028,1 | -0,8 |
| Passenger load factor % | 80,2 | -0,9 p | 81,0 | 0,2 p |
| Cargo tonnes total | 12 714,0 | -3,2 | 112 410,0 | 3,4 |
| Available tonne kilometres mill | 389,4 | -4,3 | 3 537,2 | -1,1 |
| Revenue tonne-kilometres mill | 262,7 | -3,1 | 2 385,3 | 0,3 |
| Overall load factor % | 67,5 | 0,8 p | 67,4 | 1,0 p |
| Scheduled Total | ||||
| Passengers 1000 | 800,1 | 4,4 | 6 917,4 | 6,6 |
| Available seat kilometres mill | 2 522,7 | 2,4 | 21 594,3 | 2,1 |
| Revenue passenger kilometres mill | 2 008,6 | 1,6 | 17 368,1 | 3,4 |
| Passenger load factor % | 79,6 | -0,6 p | 80,4 | 1,0 p |
| Europe | ||||
| Passengers 1000 | 494,7 | 9,3 | 4 226,7 | 9,5 |
| Available seat kilometres mill | 946,9 | 13,6 | 7 940,4 | 9,2 |
| Revenue passenger kilometres mill | 713,7 | 9,8 | 6 201,9 | 11,1 |
| Passenger load factor % | 75,4 | -2,6 p | 78,1 | 1,3 p |
| North Atlantic | ||||
| Passengers 1000 | 18,6 | 2,3 | 155,7 | -4,9 |
| Available seat kilometres mill | 150,4 | 11,1 | 1 182,6 | -4,5 |
| Revenue passenger kilometres mill | 123,0 | 2,7 | 1 030,5 | -4,7 |
| Passenger load factor % | 81,8 | -6,7 p | 87,1 | -0,1 p |
| Asia | ||||
| Passengers 1000 | 146,8 | -3,9 | 1 262,6 | -1,2 |
| Available seat kilometres mill | 1 319,7 | -5,0 | 11 497,4 | -1,7 |
| Revenue passenger kilometres mill | 1 105,7 | -2,9 | 9 488,7 | -0,5 |
| Passenger load factor % | 83,8 | 1,8 p | 82,5 | 1,1 p |
| Domestic | ||||
| Passengers 1000 | 140,0 | -2,1 | 1 272,5 | 7,4 |
| Available seat kilometres mill | 105,7 | -1,2 | 973,9 | 4,4 |
| Revenue passenger kilometres mill | 66,3 | -4,7 | 646,9 | 6,5 |
| Passenger load factor % | 62,7 | -2,3 p | 66,4 | 1,3 p |
| Leisure Traffic | ||||
| Passengers 1000 | 41,9 | -33,4 | 439,3 | -30,6 |
| Available seat kilometres mill | 122,1 | -32,7 | 1 899,6 | -26,6 |
| Revenue passenger kilometres mill | 112,5 | -33,4 | 1 660,0 | -30,0 |
| Passenger load factor % | 92,1 | -0,9 p | 87,4 | -4,3 p |
| Cargo Traffic | ||||
| Cargo scheduled traffic total tonnes | 10 235,1 | 0,0 | 86 037,9 | 1,5 |
| Europe tonnes | 2 030,5 | -3,3 | 17 769,4 | 2,9 |
| North Atlantic tonnes | 650,9 | -1,6 | 5 765,1 | 1,1 |
| Asia tonnes | 7 394,4 | 1,0 | 61 177,4 | 1,2 |
| Domestic tonnes | 159,4 | 3,8 | 1 326,1 | -3,2 |
| Cargo leisure traffic tonnes | 0,0 | -77,1 | 75,4 | -61,9 |
| Cargo flights, tonnes** | 2 478,9 | -14,3 | 26 296,6 | 11,0 |
| Cargo tonnes total | 12 714,0 | -3,2 | 112 410,0 | 3,4 |
| Available tonne kilometres* mill | 121,2 | -8,7 | 1 091,0 | -0,4 |
| Revenue tonne kilometres mill | 78,2 | -0,8 | 687,0 | 4,1 |
| Cargo load factor* % | 64,6 | 5,2 p | 63,0 | 2,7 p |
| - North-Atlantic cargo load factor* % | 45,2 | -10,4 p | 52,9 | -0,8 p |
| - Asia cargo load factor* % | 65,2 | 6,0 p | 61,8 | 2,5 p |
Cargo ATK's for the year 2013 are restated due to more accurate metrics implemented in calculation.
* 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
Traffic statistics for October are published on Friday, 7 November 2014.
FINNAIR PLC
Further information:
Finnair communications, 358 9 818 4020, comms(a)finnair.com
Distribution:
NASDAQ OMX Helsinki
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