FINNAIR PLC PRESS RELEASE 7 July 2011
In June 2011, Finnair traffic measured in Revenue Passenger Kilometres rose by 13.3% compared with June 2010. Capacity measured in Available Seat Kilometres grew by 15.8%, over 30% in Asian traffic mainly as a result of Singapore route launch.
“Long-haul business travel demand continued to develop positively and business class travel grew in June, particularly in Asian traffic. Business class demand in total grew by a fifth during the second quarter. Business travel to Japan is recovering but remains to be below last year’s levels. However, the travel directed from Japan to Europe has remained solid. Despite substantial capacity growth, the overall load factor dropped only slightly,” says Finnair CFO Erno Hildén.
The unit revenue per passenger kilometre remained flat during the second quarter. In scheduled traffic the unit revenue change was -1.1 %. The situations in Japan and Middle East in addition to the overcapacity in the domestic market were reflected in unit revenue development compared to previous year.
From the beginning of the summer season some of the previous leisure flights have been operated as scheduled services. The capacity change in Finnair’s leisure traffic results from these changes in addition to flight cancellations to Egypt and Tunis.
The arrival punctuality of Finnair flights in June was 82.6% (87.3%) of all flights arrived on schedule. The arrival punctuality of scheduled flights was 83.5% (88.7%). Punctuality figures were affected by, among other things, air traffic control restrictions in Finland and border control congestion in Helsinki.
FINNAIR'S TRAFFIC PERFORMANCE June 2011
| June 2011 | %-CHANGE | January-June 2011 | %-CHANGE | |
| TOTAL TRAFFIC | ||||
| Passengers 1000 | 725,2 | 11,7 | 3 925,4 | 11,5 |
| Available seat kilometres mill | 2 510,5 | 15,8 | 14 504,5 | 16,3 |
| Revenue passenger kilometres mill | 1 897,0 | 13,3 | 10 456,4 | 9,1 |
| Passenger load factor % | 75,6 | -1,6 p | 72,1 | -4,8 p |
| Cargo tonnes total | 10 902,4 | -2,0 | 67 142,2 | 23,1 |
| Available tonne kilometres mill | 375,6 | 13,3 | 2 212,8 | 21,0 |
| Revenue tonne-kilometres mill | 238,2 | 9,3 | 1 348,0 | 13,7 |
| Overall load factor % | 63,4 | -2,3 p | 60,9 | -3,9 p |
| SCHEDULED TOTAL | ||||
| Passengers 1000 | 659,6 | 17,6 | 3 538,8 | 15,2 |
| Available seat kilometres mill | 2 318,4 | 24,5 | 12 529,7 | 21,8 |
| Revenue passenger kilometres mill | 1 723,2 | 22,4 | 8 702,6 | 13,8 |
| Passenger load factor % | 74,3 | -1,3 p | 69,5 | -4,9 p |
| EUROPE | ||||
| Passengers 1000 | 396,7 | 14,3 | 1 957,2 | 13,1 |
| Available seat kilometres mill | 764,0 | 12,1 | 4 203,8 | 17,3 |
| Revenue passenger kilometres mill | 560,8 | 16,7 | 2 724,1 | 14,0 |
| Passenger load factor % | 73,4 | 2,9 p | 64,8 | -1,8 p |
| NORTH ATLANTIC | ||||
| Passengers 1000 | 23,1 | 52,0 | 86,9 | 22,2 |
| Available seat kilometres mill | 182,7 | 55,7 | 733,3 | 21,6 |
| Revenue passenger kilometres mill | 152,2 | 51,9 | 573,5 | 22,2 |
| Passenger load factor % | 83,3 | -2,1 p | 78,2 | 0,3 p |
| ASIA | ||||
| Passengers 1000 | 127,9 | 19,4 | 677,3 | 11,8 |
| Available seat kilometres mill | 1 281,0 | 30,2 | 6 802,1 | 24,0 |
| Revenue passenger kilometres mill | 958,8 | 22,6 | 4 987,8 | 12,7 |
| Passenger load factor % | 74,8 | -4,6 p | 73,3 | -7,3 p |
| DOMESTIC | ||||
| Passengers 1000 | 112,0 | 21,8 | 817,4 | 22,8 |
| Available seat kilometres mill | 90,8 | 14,3 | 790,6 | 28,8 |
| Revenue passenger kilometres mill | 51,3 | 13,9 | 417,3 | 14,4 |
| Passenger load factor % | 56,6 | -0,2 p | 52,8 | -6,6 p |
| LEISURE TRAFFIC | ||||
| Passengers 1000 | 65,5 | -25,4 | 386,7 | -13,3 |
| Available seat kilometres mill | 192,1 | -37,3 | 1 974,8 | -9,4 |
| Revenue passenger kilometres mill | 173,8 | -34,7 | 1 753,8 | -9,6 |
| Passenger load factor % | 90,5 | 3,6 p | 88,8 | -0,1 p |
| CARGO TRAFFIC | ||||
| Cargo scheduled traffic total tonnes | 9 769,2 | 6,3 | 55 525,3 | 9,6 |
| Europetonnes | 1 861,4 | -7,5 | 11 138,0 | 10,8 |
| North Atlantictonnes | 631,6 | -5,3 | 4 223,0 | 4,1 |
| Asiatonnes | 7 102,7 | 12,5 | 39 014,1 | 10,2 |
| Domestic tonnes | 173,6 | -13,2 | 1 150,2 | 1,4 |
| Cargo leisure traffic tonnes | 0,0 | -100,0 | 210,8 | -73,9 |
| Cargo flights tonnes | 1 133,1 | -38,8 | 11 406,1 | 269,8 |
| Cargo tonnes total | 10 902,4 | -2,0 | 67 142,2 | 23,1 |
| Available tonne kilometres* mill | 103,7 | 11,1 | 637,2 | 43,6 |
| Revenue tonne kilometres mill | 68,2 | 0,4 | 411,3 | 25,8 |
| Cargo load factor* % | 65,7 | -7,0 p | 64,5 | -9,1 p |
| - North-Atlantic cargo load factor* % | 66,8 | -11,0 p | 81,3 | -6,3 p |
| - Asia cargo load factor* % | 78,0 | -9,6 p | 79,1 | -8,4 p |
- * = Operational calculatory capacity
- 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
Next release on traffic statistics will be published on 8 August 2011.
Finnair Plc
Communications
7.7.2011
Further information:
Erno Hildén, Chief Financial Officer,
tel. +358 9 818 8550
Arja Suominen, Senior Vice President, Communications and Corporate Responsibility
tel. +358 9 818 4028
Kati Kaksonen, Investor Relations Officer
tel. +358 9 818 2780