Finnair passenger traffic stable in October 2016 – Growth in cargo

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Cargo demand conditions have improved; number of passengers at last year’s level

In October, Finnair’s overall capacity measured in Available Seat Kilometres grew by 3.9 per cent and traffic measured in Revenue Passenger Kilometres grew by 2.1 per cent year‐on‐year. The passenger load factor declined by 1.4 percentage points to 79.9 per cent. In October, Finnair began gradual transition to its winter season traffic programme.

The capacity in Finnair’s largest traffic area, Asia, grew by 8.9 per cent in October, 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 5.3 per cent. Both new routes are not operated during the winter months. Capacity in American traffic declined by 1.0 per cent, and traffic measured in RPK decreased by 6.6 per cent largely due to the Chicago route being stopped for the winter earlier than last year.

Changes in European traffic as a whole were minor in October: capacity grew by 0.8 per cent, and traffic measured in RPK increased by 0.3 per cent year‐on‐year. The capacity in domestic traffic contracted by 9.5 per cent, and traffic decreased by 1.9 per cent year‐on‐year due to more flight cancellations than usual and the triangle routes introduced during the month. As a result of the reduction in flights, the number of passengers in domestic traffic decreased but the passenger load factor rose.

In October, the cargo capacity in scheduled traffic measured in Available Tonne Kilometres grew by 1.3 per cent, and Revenue Tonne Kilometres increased by 14.0 per cent year on year. In addition, Finnair’s total freight capacity included three weekly freighter flights between Helsinki and Brussels, operated by DHL. Freighter flights to London were replaced by a regular A350 passenger aircraft connection to Heathrow in the first week of October.

In October, 88.8 per cent of all Finnair flights arrived on schedule (92.9).

Traffic statistics for November 2016 will be published on Friday, 9 December 2016.

Finnair Traffic Performance October 2016

October 2016 %-Change Year-to date 2016 %-Change
Total Traffic
Passengers 1000 932,5 -0,1 9 199,7 5,8
Available seat kilometres mill 2 898,7 3,9 28 618,6 7,1
Revenue passenger kilometres mill 2 316,3 2,1 22 961,4 6,0
Passenger load factor % 79,9 -1,4 p 80,2 -0,9 p
Cargo tonnes total 13 358,2 5,6 123 174,0 14,0
Available tonne kilometres mill 433,4 7,0 4 227,9 8,7
Revenue tonne-kilometres mill 289,6 4,3 2 799,6 8,1
Overall load factor % 66,8 -1,7 p 66,2 -0,4 p
Europe
Passengers 1000 595,4 0,5 5 729,0 4,7
Available seat kilometres mill 1 203,2 0,8 11 272,2 2,7
Revenue passenger kilometres mill 954,3 0,3 8 926,4 3,1
Passenger load factor % 79,3 -0,4 p 79,2 0,3 p
North Atlantic
Passengers 1000 21,5 -10,9 256,0 13,4
Available seat kilometres mill 193,0 -1,0 2 295,8 24,8
Revenue passenger kilometres mill 153,0 -6,6 1 840,3 18,2
Passenger load factor % 79,3 -4,8 p 80,2 -4,4 p
Asia
Passengers 1000 149,9 4,9 1 503,7 5,8
Available seat kilometres mill 1 388,5 8,9 13 812,2 8,4
Revenue passenger kilometres mill 1 130,5 5,3 11 339,0 6,3
Passenger load factor % 81,4 -2,8 p 82,1 -1,6 p
Domestic
Passengers 1000 165,7 -5,0 1 710,9 8,6
Available seat kilometres mill 114,1 -9,5 1 238,4 6,7
Revenue passenger kilometres mill 78,6 -1,9 855,8 8,7
Passenger load factor % 68,9 5,4 p 69,1 1,3 p
Cargo Traffic
Cargo scheduled traffic total tonnes 12 104,1 10,5 108 771,7 15,2
Europe tonnes 2 420,1 -0,9 21 737,2 22,0
North Atlantic tonnes 676,7 -9,0 7 801,8 16,9
Asia tonnes 8 870,7 16,8 77 792,1 13,6
Domestic tonnes 136,7 -23,6 1 440,6 0,7
Cargo flights, tonnes** 1 254,1 -26,0 14 402,3 5,6
Cargo tonnes total 13 358,2 5,6 123 174,0 14,0
Available tonne kilometres* mill 122,1 0,7 1233,8 6,1
Revenue tonne kilometres mill 82,6 10,7 745,5 14,4
Available sched.cargo tonne kms*, mill. 114,6 1,3 1154,5 6,3
Revenue sched.cargo tonne kms, mill. 75,2 14,0 671,3 14,9
Cargo load factor* % 67,7 6,1 p 60,4 4,4 p
– North-Atlantic cargo load factor* % 40,2 0,5 p 40,5 1,0 p
– Asia cargo load factor* % 72,4 7,5 p 63,4 5,3 p
Scheduled   traffic Cargo load factor*, % 65,6 7,3 p 58,1 4,4 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         Stock Exchange Release         8 November 2016 at 09:00 am EET

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