Finnair traffic performance in July 2019: 12.4% more passengers

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Passenger Load Factor increased year-on-year by 1.2% to close to 90%

In July, Finnair carried 1,447,400 passengers, 12.4% more than in the corresponding period of 2018. This is the highest number ever in Finnair. The overall capacity measured in Available Seat Kilometres (ASK) increased in July by 10.7%. Finnair’s traffic measured in Revenue Passenger Kilometres (RPKs) increased by 12.2%, and the Passenger Load Factor (PLF) increased year-on-year by 1.2% points to 89.6%.

Finnair’s long-haul capacity increased year-on-year with three new A350 aircraft that entered the service in December 2018, in February 2019 and in April 2019. The ASK growth in Asian traffic was 12.1%, mainly due to additional frequencies to Hong Kong and Osaka. The North American capacity increased by 29.2% following the addition of the new Los Angeles opened in March.

In European traffic, the ASKs were up by 5.8%. The growth derived from one new narrow-body aircraft year-on-year and additional seating capacity in some of the existing narrow-body aircraft. The added capacity was allocated to destinations such as Stockholm, St Petersburg, London and Moscow and new seasonal destinations Hannover, Trondheim and Bologna. Capacity in domestic traffic increased by 8.8%, mainly due to Tampere airport, which was partly closed during July 2018.

RPKs increased in Asian traffic by 11.2%, in North American traffic by 27.4%, in European traffic by 10.4% and in domestic traffic by 10.1%. The PLF was 90.0% in Asian traffic, 92.6% in North American traffic, 89.5% in European traffic and 69.6% in domestic traffic.

Passenger numbers increased in Asian traffic by 10.8%, in North American traffic by 21.5%, in European traffic by 12.6% and in domestic traffic by 10.3%.

Available scheduled cargo tonne-kilometres increased by 15.1% year-on-year. Revenue scheduled cargo tonne-kilometres increased by 4.2%. The decline in the global cargo market was evident in July’s cargo performance.

In July 78.4% of all Finnair flights arrived on schedule (77.4 %).

Traffic statistics for August 2019 will be published on Friday 6 September 2019.

Finnair Traffic Performance July
Month % Change YTD % Change
Total traffic
Passengers 1.000 1,447.4 12.4 8,505.9 9.6
Available seat kilometres mill 4,368.8 10.7 27,345.9 12.4
Revenue passenger kilometres mill 3,914.5 12.2 22,420.4 10.2
Passenger load factor % 89.6 1.2p 82.0 -1.7p
Cargo tonnes total 14,782.6 4.0 96,808.6 13.8
Available tonne kilometres mill 633.7 10.5 3,998.2 11.7
Revenue tonne-kilometres mill 443.5 10.0 2,619.7 11.0
Asia
Passengers 1.000 Asia 249.1 10.8 1,493.3 5.5
Available seat kilometres mill Asia 2,086.3 12.1 13,534.0 10.4
Revenue passenger kilometres mill Asia 1,876.9 11.2 11,299.3 5.7
Passenger load factor % Asia 90.0 -0.7p 83.5 -3.8p
Europe
Passengers 1.000 Europe 1,017.8 12.6 5,360.8 12.6
Available seat kilometres mill Europe 1,789.0 5.8 10,348.1 12.9
Revenue passenger kilometres mill Europe 1,601.9 10.4 8,390.1 13.6
Passenger load factor % Europe 89.5 3.7p 81.1 0.5p
North Atlantic
Passengers 1.000 North Atlantic 49.2 21.5 261.4 25.2
Available seat kilometres mill North Atlantic 400.6 29.2 2,303.1 29.1
Revenue passenger kilometres mill North Atlantic 371.0 27.4 1,985.8 29.4
Passenger load factor % North Atlantic 92.6 -1.3p 86.2 0.2p
Domestic
Passengers 1.000 Domestic 131.3 10.3 1,390.5 1.0
Available seat kilometres mill Domestic 92.8 8.8 1,160.6 2.8
Revenue passenger kilometres mill Domestic 64.6 10.1 745.2 0.7
Passenger load factor % Domestic 69.6 0.9p 64.2 -1.3p
Cargo Traffic
Europe tonnes 2,969.5 60.6 18,983.0 69.1
North Atlantic tonnes 1,308.2 9.3 7,456.0 36.1
Asia tonnes 10,463.8 1.7 70,019.0 11.3
Domestic tonnes 41.2 14.2 350.5 9.7
Cargo scheduled traffic total tonnes 14,782.6 10.5 96,808.6 21.1
Cargo flights. tonnes** 0.0 0.0 0.0 0.0
Cargo Traffic tonnes total 14,782.6 4.0 96,808.6 13.8
Available tonne kilometres* mill 169.0 13.9 1,078.5 16.8
Revenue tonne kilometres mill 93.1 2.6 613.2 13.8
Available sched.cargo tonne kms*. mill. 169.0 15.1 1,078.5 18.2
Revenue sched.cargo tonne kms. mill. 93.1 4.2 613.2 15.6
Cargo load factor* % 55.1 -6.1p 56.9 -1.5p
– North-Atlantic cargo load factor* % 52.5 -4.7p 55.6 5.5p
– Asia cargo load factor* % 59.1 -8.5p 61.7 -3.6p
Scheduled traffic Cargo load factor*. % 55.1 -5.8p 56.9 -1.3p

* Operational calculatory capacity

** Including purchased traffic* Operational calculatory capacity

–      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        7 August 2019 at 9:00 am

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