Finnair Traffic Performance in September 2016

Finnair Plc         Stock Exchange Release         10 October 2016 at 09:00 am EET

Number of passengers grew 6.0% year‐on‐year

In September, Finnair's overall capacity measured in Available Seat Kilometres grew by 8.5 per cent and traffic measured in Revenue Passenger Kilometres grew by 7.2 per cent year‐on‐year. The passenger load factor declined by 0.9 percentage points year-on-year to 80.7 per cent.

The capacity in Finnair’s largest traffic area, Asia, grew by 12.4 per cent in September, boosted in particular by the Fukuoka and Guangzhou routes launched for the summer season and the additional capacity introduced by the A350s, and traffic grew by 9.4 per cent. Capacity in American traffic increased by 24.3 per cent, mainly due to increased Chicago frequencies, and traffic measured in RPK increased by 9.1 per cent.

The capacity in European traffic grew by 2.3 per cent, and traffic measured in RPK increased by 4.4 per cent year‐on‐year. The capacity in domestic traffic contracted by 1.3 per cent, and traffic increased by 5.7 per cent year‐on‐year.

According to preliminary data, Finnair’s unit revenue, or RASK (total Group revenue divided by ASK), declined in July–September by 5.1 per cent year‐on‐year and totalled 7.04 euro cents.

"In our European and domestic traffic, load factor increased and unit revenue improved slightly year-on-year. The strong capacity growth continued in Finnair’s long-haul traffic in the third quarter, while passenger volume growth was more moderate. Average load factor and unit revenue declined year-on-year. Particularly in traffic between China and Europe, there was marked growth in market capacity. In Cargo traffic, unit revenues declined, but strong volume growth balanced this partially," says Finnair CFO Pekka Vähähyyppä.

In September, the cargo capacity in scheduled traffic measured in Available Tonne Kilometres grew by 4.8 per cent, and Revenue Tonne Kilometres increased by 24.5 per cent year on year. In addition, Finnair’s total freight capacity included two weekly freighter flights between Helsinki and Brussels and two weekly freighter flights shared with IAG between Helsinki and London, both operated by DHL, the latter being replaced by a regular A350 connection five times a week in the first week of October.

In September, 90.9 per cent of all Finnair flights arrived on schedule (92.5).

Traffic statistics for October 2016 will be published on Tuesday, 8 November 2016.

Finnair Traffic Performance September 2016

* 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

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