Finnair traffic performance in February 2019: +4%

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Capacity growth fastest in Europe – Cargo demand good

In February, Finnair carried 995,100 passengers, 4.0% more than in the corresponding period of 2018. The overall capacity measured in Available Seat Kilometres (ASK) increased in February by 10.1%. Finnair’s traffic measured in Revenue Passenger Kilometres (RPKs) increased by 4.3%. The Passenger Load Factor (PLF) decreased year-on-year by 4.5% points to 79.7%.

Finnair’s long-haul capacity increased year-on-year with two new A350 aircraft that entered the service in December 2018 and in mid-February 2019. The ASK growth in Asian traffic was 7.8%, mainly due to the new route opening to Nanjing and extended frequencies to Osaka, Hong Kong, Phuket and Delhi. North American traffic decreased by 2.4%.

In European traffic, the ASK growth was 18.3%. The growth derived from one new narrow-body aircraft year-on-year, additional seating capacity in some of the existing narrow-body aircraft, on average longer routes and better aircraft utilization. The added capacity was directed to the longer southern European routes and to new route openings to Stuttgart, Lisbon, Lyon and Minsk after the comparison period. Capacity in domestic traffic increased by 2.8%. Harsh winter conditions affected especially domestic and European traffic and caused cancellations, which is visible in these traffic areas’ traffic data.

RPKs were flat in Asian traffic 0.0% and grew in European traffic by 14.0%, in North American traffic by 2.4% and decreased in domestic traffic by -3.5%. The PLF was 84.6% in Asian traffic, 75.6% in European traffic, 82.0% in North American traffic, and 62.1% in domestic traffic.

Passenger numbers in Asian traffic were flat 0.0%, in North American traffic passenger traffic increased by 4.0% and in European traffic by 8.8%, and decreased in domestic traffic by 3.2%

Available scheduled cargo tonne kilometres increased by 16.2% year-on-year. Revenue scheduled cargo tonne kilometres increased by 26.2% mostly driven by the strong positive cargo market development in Japan and Western Europe.

February 74.4% of all Finnair flights arrived on schedule (72.3%).

Traffic statistics for March 2019 will be published on Friday, 5 April 2019.

Finnair Traffic Performance February
Month % Change YTD % Change
Total traffic
Passengers 1000 995.1 4.0 2,002.9 4.2
Available seat kilometres mill 3,327.1 10.1 6,931.1 10.1
Revenue passenger kilometres mill 2,653.3 4.3 5,428.2 5.0
Passenger load factor % 79.7 -4.5p 78.3 -3.8p
Cargo tonnes total 11,633.2 24.5 23,618.9 26.0
Available tonne kilometres mill 490.7 9.1 1,024.8 9.1
Revenue tonne-kilometres mill 311.1 8.4 635.6 9.0

Asia
Passengers 1000 Asia 189.5 0.0 394.4 2.3
Available seat kilometres mill Asia 1,695.1 7.8 3,542.4 7.8
Revenue passenger kilometres mill Asia 1,433.3 0.0 2,980.4 2.0
Passenger load factor % Asia 84.6 -6.6p 84.1 -4.8p

Europe
Passengers 1000 Europe 551.9 8.8 1,116.5 8.4
Available seat kilometres mill Europe 1,185.4 18.3 2,462.2 17.5
Revenue passenger kilometres mill Europe 896.5 14.0 1,790.2 12.5
Passenger load factor % Europe 75.6 -2.9p 72.7 -3.2p

North Atlantic
Passengers 1000 North Atlantic 24.4 4.0 51.9 4.3
Available seat kilometres mill North Atlantic 232.3 -2.4 499.5 0.5
Revenue passenger kilometres mill North Atlantic 190.5 2.4 404.2 3.0
Passenger load factor % North Atlantic 82.0 3.8p 80.9 2.0p

Domestic
Passengers 1000 Domestic 229.1 -3.2 440.0 -3.7
Available seat kilometres mill Domestic 214.3 2.8 427.1 2.2
Revenue passenger kilometres mill Domestic 133.0 -3.5 253.4 -3.9
Passenger load factor % Domestic 62.1 -4.1p 59.3 -3.8p

Cargo Traffic
Europe tonnes 2,262.3 101.1 4 602.3 118.8
North Atlantic tonnes 698.6 35.9 1 349.6 35.1
Asia tonnes 8,623.4 22.4 17 562.6 21.6
Domestic tonnes 48.9 2.6 104.4 18.5
Cargo scheduled traffic total tonnes 11,633.2 33.3 23,618.9 33.9
Cargo flights, tonnes** 0.0 0.0 0.0 0.0
Cargo Traffic tonnes total 11, 633.2 24.5 23,618.9 26.0
Available tonne kilometres* mill 125.2 14.5 261.6 14.3
Revenue tonne kilometres mill 73.8 24.0 149.8 24.1
Available sched.cargo tonne kms*, mill. 125.2 16.2 261.6 15.7
Revenue sched.cargo tonne kms, mill. 73.8 26.2 149.8 26.0
Cargo load factor* % 58.9 4.5p 57.3 4.5p
– North-Atlantic cargo load factor* % 63.1 16.8p 59.0 15.5p
– Asia cargo load factor* % 64.3 2.8p 63.0 3.3p
Scheduled traffic Cargo load factor*, % 58.9 4.7p 57.3 4.7p

* 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.

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