Finnair

Finnair traffic performance in August 2019: 12.9% more passengers

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Passenger Load Factor increased year-on-year by 2.6%

In August, Finnair carried 1,361,100 passengers, 12.9% more than in the corresponding period of 2018. The overall capacity measured in Available Seat Kilometres (ASK) increased in August by 9.3%. Finnair’s traffic measured in Revenue Passenger Kilometres (RPKs) increased by 12.8%, and the Passenger Load Factor (PLF) increased year-on-year by 2.6% points to 86.8%.

Finnair’s long-haul capacity increased year-on-year with three new A350 aircraft that entered the service after the comparison period. The ASK growth in Asian traffic was 10.8%, mainly due to additional frequencies to Hong Kong and Osaka. The North American capacity increased by 31.8% following the opening of the new Los Angeles route in March and added frequencies to San Francisco.

In European traffic, the ASKs were up by 4.3%. The growth derived from additional seating capacity in some of the existing narrow-body aircraft and the changes in the route network. The added capacity was directed especially to new seasonal destinations Hannover and Trondheim and added frequencies to London, Moscow and St Petersburg. Capacity in domestic traffic decreased by 4.7%. The runway renovation and consequent closure of Kuusamo airport for the main part of the months was a key contributor to this decline.

RPKs increased in Asian traffic by 9.2%, in North American traffic by 34.3%, in European traffic by 13.5% and in domestic traffic by 5.2%. The PLF was 90.5% in Asian traffic, 89.5% in North American traffic, 82.9% in European traffic and 66.5% in domestic traffic.

Passenger numbers increased in Asian traffic by 8.9%, in North American traffic by 27.2%, in European traffic by 14.9% and in domestic traffic by 4.9%.

Available scheduled cargo tonne-kilometres increased by 13.1% year-on-year. Revenue scheduled cargo tonne-kilometres increased by 10.0%. Global uncertainty in world trade has reflected on the freight market and has generally lowered expectations, especially for cargo departing from Asia.

Finnair cancelled four long haul flight in the last week of the August and several domestic and European flight during the month due to technical reasons and weather conditions. In August 76.9% of all Finnair flights arrived on schedule (82.5%).

Traffic statistics for September 2019 will be published on Tuesday 8 October 2019.

Finnair Traffic Performance August 2019
Month% Change YTD% Change
Total traffic
Passengers 10001,361.112.99,867.010.0
Available seat kilometres mill4,260.69.331,606.512.0
Revenue passenger kilometres mill3,698.012.826,118.510.5
Passenger load factor %86.82.6p82.6-1.1p
Cargo tonnes total15,245.37.8112,053.913.0
Available tonne-kilometres mill622.58.94,620.711.3
Revenue tonne-kilometres mill428.111.73,047.811.1

Asia
Passengers 1000 Asia249.58.91,742.86.0
Available seat kilometres mill Asia2,075.710.815,609.610.5
Revenue passenger kilometres mill Asia1,878.79.213,178.06.1
Passenger load factor % Asia90.5-1.3p84.4-3.4p

Europe
Passengers 1000 Europe910.914.96,271.712.9
Available seat kilometres mill Europe1,669.34.312,017.411.6
Revenue passenger kilometres mill Europe1,383.413.59,773.513.6
Passenger load factor % Europe82.96.7p81.31.4p

North Atlantic
Passengers 1000 North Atlantic47.927.2309.225.5
Available seat kilometres mill North Atlantic403.831.82,706.929.5
Revenue passenger kilometres mill North Atlantic361.534.32,347.330.1
Passenger load factor % North Atlantic89.51.7p86.70.4p

Domestic
Passengers 1000 Domestic152.84.91,543.31.3
Available seat kilometres mill Domestic111.9-4.71,272.62.1
Revenue passenger kilometres mill Domestic74.55.2819.71.1
Passenger load factor % Domestic66.56.3p64.4-0.6p

Cargo Traffic
Europe tonnes2,925.059.121,908.167.7
North Atlantic tonnes1,342.717.58,798.732.9
Asia tonnes10,930.97.080,949.910.7
Domestic tonnes46.613.0397.210.1
Cargo scheduled traffic total tonnes15,245.315.1112,053.920.3
Cargo flights, tonnes**0000
Cargo Traffic tonnes in total15,245.37.8112,053.913.0
Available tonne-kilometres* mill168.911.71,247.316.1
Revenue tonne-kilometres mill97.08.2710.113.0
Available sched.cargo tonne kms*, mill.168.913.11,247.317.5
Revenue sched.cargo tonne kms, mill.97.010.0710.114.8
Cargo load factor* %57.4-1.9p56.9-1.6p
– North-Atlantic cargo load factor* %54.52.8p55.55.0p
– Asia cargo load factor* %61.7-5.0p61.7-3.8p
Scheduled traffic Cargo load factor*, %57.4-1.6p56.9-1.3p

* Operational calculatory capacity

** Including purchased traffic

–       Change %: Change compared to the figures of the respective periods in the previous year (p = 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                 Investor News        6 September 2019 at 9:00 am

This post was published on 6 September 2019 11:03

André Orban

M. Sc. Engineering

Published by
André Orban

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