Finnair Traffic Performance in November 2017

Finnair Plc               Investor News             8 December 2017 at 09:00 am

Record-high capacity growth in November, demand exceeded capacity growth in Asian, North-Atlantic and European Traffic

In November, Finnair's overall capacity measured in Available Seat Kilometres increased by 20.0 per cent year on year, and traffic measured in Revenue Passenger Kilometres grew by 23.7 per cent. The number of passengers carried in November increased by 15 per cent year-on-year. The passenger load factor increased by 2.3 percentage points to 78.4 per cent.

The capacity in Finnair’s largest traffic area, Asia, increased by 32.5 per cent in November. New seasonal route to Goa was opened in November, and flights to Phuket were started earlier than in the comparison period. Also number of frequencies to Bangkok, Hong Kong, Singapore and Krabi increased year-on-year. Traffic measured in RPK grew by 34.5 per cent, and the passenger load factor increased by 1.2 percentage points to 80.6 per cent.

In North Atlantic traffic capacity increased by 19.1 per cent. Flights to new leisure destination Puerto Vallarta started and Miami route was re-opened in November, whereas operations to Chicago ceased for the winter period. Traffic increased by 25.0 per cent and the passenger load factor rose by 3.6 percentage points to 75.5 per cent.

Finnair’s capacity in European traffic increased by 5.6 per cent reflecting added capacity especially to Berlin, Copenhagen, Moscow, St. Petersburg and Vilnius. Traffic measured in RPK grew by 10.8 per cent year-on-year. The passenger load factor increased by 3.6 percentage points to 77.5 per cent. Domestic capacity increased by 11.2 per cent and traffic by 8.5 per cent. The passenger load factor decreased by 1.6 percentage points to 64.3 per cent.

Available Scheduled Cargo Tonne Kilometres increased by 16.4 per cent and Revenue Scheduled Cargo Tonne Kilometres increased by 23.1 per cent. The strongest growth markets year-on-year were Hong Kong, China, Thailand, Korea and Germany. Fin nair’s total cargo capacity also included three weekly freighter flights between Helsinki and Brussels, operated by DHL. Finnair Cargo’s agreement to rent cargo space Japan Airlines’ daily flights between Tokyo and Helsinki ended at the end of October, which was reflected cargo flights volumes in November.

In November, 81.6 per cent of all Finnair flights arrived on schedule (75.9).

Traffic statistics for December 2017 will be published on Tuesday, 9 January 2018.  

Finnair Traffic Performance November 2017

November 2017   %- Change Year-to date 2017 %-Change
Total Traffic
Passengers   1000 949,6 15,0 10 953,3 9,3
Available   seat kilometres mill 3 083,2 20,0 33 784,1 8,3
Revenue   passenger kilometres mill 2 416,0 23,7 28 225,3 13,3
Passenger   load factor % 78,4 2,3 83,5 3,7
Cargo   tonnes total 13 497,5 8,0 145 019,0 6,9
Available   tonne kilometres mill 462,5 19,9 5 051,3 9,5
Revenue   tonne-kilometres mill 300,0 20,3 3 418,9 12,1
Overall   load factor % 64,9 0,2 67,7 1,6
Europe
Passengers   1000 545,0 13,2 6 821,3 9,8
Available   seat kilometres mill 1 054,4 5,6 13 104,6 6,8
Revenue   passenger kilometres mill 816,9 10,8 10 599,1 9,7
Passenger   load factor % 77,5 3,6 80,9 2,1
North Atlantic
Passengers   1000 19,9 24,0 290,8 6,9
Available   seat kilometres mill 196,0 19,1 2 506,8 1,9
Revenue passenger   kilometres mill 148,0 25,0 2 101,0 7,3
Passenger   load factor % 75,5 3,6 83,8 4,2
Asia
Passengers   1000 177,4 33,4 1 925,3 17,6
Available   seat kilometres mill 1 669,7 32,5 16 710,0 10,9
Revenue   passenger kilometres mill 1 346,3 34,5 14 542,9 17,9
Passenger   load factor % 80,6 1,2 87,0 5,2
Domestic
Passengers   1000 207,3 6,3 1 915,8 0,5
Available   seat kilometres mill 163,1 11,2 1 462,7 5,6
Revenue   passenger kilometres mill 104,8 8,5 982,2 3,1
Passenger   load factor % 64,3 -1,6 67,2 -1,6
Cargo Traffic
Cargo   scheduled traffic total tonnes 12 790,5 16,4 128 253,2 7,1
Europe   tonnes 2 172,5 -7,3 23 925,8 -0,6
North   Atlantic tonnes 679,4 33,9 8 579,3 3,3
Asia   tonnes 9 890,3 23,9 94 877,3 10,6
Domestic   tonnes 48,2 -70,6 870,9 -45,7
Cargo   flights, tonnes** 707,0 -53,0 16 764,8 5,4
Cargo   tonnes total 13 497,4 8,0 145 018,0 6,9
Available   tonne kilometres* mill 120,6 9,3 1 356,0 5,3
Revenue   tonne kilometres mill 83,8 12,4 893,4 9,0
Available   sched.cargo tonne kms*, mill. 118,8 16,4 1 272,6 6,2
Revenue   sched.cargo tonne kms, mill. 82,6 23,1 811,0 9,9
Cargo load   factor* % 69,5 1,9 65,9 3,0
–   North-Atlantic cargo load factor* % 60,4 14,7 50,5 6,2
– Asia   cargo load factor* % 77,4 3,5 71,4 4,4
Scheduled traffic Cargo load   factor*, %   69,6 3,8 63,7 2,1

* 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

Further information: 
Finnair Media Desk, t. 358 9 818 4020, comms(a)finnair.com  

Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a unique Nordic experience, and its mission is to offer the smoothest, fastest connections in the northern hemisphere via Helsinki and the best network to the world from its home markets. Finnair is the only Nordic carrier with a 4-star Skytrax ranking and a member of the one world alliance. In 2016, Finnair’s revenues amounted to EUR 2,317 million and it carried almost 11 million passengers. Finnair Plc’s shares are quoted on Nasdaq Helsinki.

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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