FINNAIR PLC STOCK EXCHANGE RELEASE 8 August 2011 AT 09:00
In July 2011, Finnair traffic measured in Revenue Passenger Kilometres rose by 14.6% as the overall capacity grew 14.7% compared with July 2010. Asian traffic capacity measured in Available Seat Kilometres grew close to 30% and traffic measured in Revenue Passenger Kilometres increased by 26%. Overall, Finnair scheduled traffic grew by 23.9% mainly as a result of Singapore route launch.
“Business travel demand continued to develop favourably in July, particularly in Asian traffic. Seasonally the traffic is strong during the third quarter. In July, our passenger load factors were very close to last year’s levels despite the substantial capacity growth. Travel demand from Europe to Japan continued to improve as well,” says Finnair CFO Erno Hildén.
Cargo capacity grew by 10.2%, but the traffic by revenue tonne kilometers fell by 1.4 % compared with July 2010.
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. Corresponding traffic change is visible in the European and North-American figures.
The arrival punctuality of Finnair flights in July was 79% (85.7%). In scheduled traffic 80.2 % (87.3) of all flights arrived on schedule. Punctuality figures were mainly affected by air traffic control restrictions in Finland and in Europe.
FINNAIR'S TRAFFIC PERFORMANCE July 2011
| July 2011 | %-CHANGE | January-July 2011 | %-CHANGE | |
| TOTAL TRAFFIC | ||||
| Passengers 1000 | 760,5 | 14,7 | 4 686,0 | 12,0 |
| Available seat kilometres mill | 2 577,4 | 14,7 | 17 081,8 | 16,1 |
| Revenue passenger kilometres mill | 2 117,2 | 14,6 | 12 573,6 | 10,0 |
| Passenger load factor % | 82,1 | -0,0 p | 73,6 | -4,1 p |
| Cargo tonnes total | 11 130,5 | -4,5 | 78 272,7 | 18,3 |
| Available tonne kilometres mill | 386,9 | 12,4 | 2 599,7 | 19,6 |
| Revenue tonne-kilometres mill | 260,1 | 9,8 | 1 608,1 | 13,0 |
| Overall load factor % | 67,2 | -1,6 p | 61,9 | -3,6 p |
| SCHEDULED TOTAL | ||||
| Passengers 1000 | 685,7 | 21,7 | 4 224,4 | 16,2 |
| Available seat kilometres mill | 2 366,7 | 23,9 | 14 896,4 | 22,1 |
| Revenue passenger kilometres mill | 1 921,7 | 24,8 | 10 624,3 | 15,6 |
| Passenger load factor % | 81,2 | 0,6 p | 71,3 | -4,0 p |
| EUROPE | ||||
| Passengers 1000 | 422,3 | 15,4 | 2 379,5 | 13,5 |
| Available seat kilometres mill | 782,2 | 11,1 | 4 986,0 | 16,3 |
| Revenue passenger kilometres mill | 611,4 | 16,0 | 3 335,5 | 14,4 |
| Passenger load factor % | 78,2 | 3,3 p | 66,9 | -1,1 p |
| NORTH ATLANTIC | ||||
| Passengers 1000 | 25,4 | 54,9 | 112,3 | 28,3 |
| Available seat kilometres mill | 183,6 | 51,0 | 916,9 | 26,6 |
| Revenue passenger kilometres mill | 167,9 | 54,9 | 741,4 | 28,3 |
| Passenger load factor % | 91,4 | 2,3 p | 80,9 | 1,1 p |
| ASIA | ||||
| Passengers 1000 | 146,0 | 22,6 | 823,3 | 13,5 |
| Available seat kilometres mill | 1 333,7 | 29,3 | 8 135,8 | 24,8 |
| Revenue passenger kilometres mill | 1 097,5 | 26,0 | 6 085,3 | 14,9 |
| Passenger load factor % | 82,3 | -2,2 p | 74,8 | -6,5 p |
| DOMESTIC | ||||
| Passengers 1000 | 92,0 | 49,1 | 909,3 | 25,0 |
| Available seat kilometres mill | 67,1 | 25,1 | 857,7 | 28,5 |
| Revenue passenger kilometres mill | 44,9 | 34,9 | 462,2 | 16,1 |
| Passenger load factor % | 67,0 | 4,9 p | 53,9 | -5,8 p |
| LEISURE TRAFFIC | ||||
| Passengers 1000 | 74,9 | -25,1 | 461,5 | -15,5 |
| Available seat kilometres mill | 210,7 | -37,5 | 2 185,5 | -13,2 |
| Revenue passenger kilometres mill | 195,5 | -36,2 | 1 949,3 | -13,2 |
| Passenger load factor % | 92,8 | 1,9 p | 89,2 | 0,0 p |
| CARGO TRAFFIC | ||||
| Cargo scheduled traffic total tonnes | 9 900,3 | 4,4 | 65 425,5 | 8,8 |
| Europetonnes | 1 871,1 | -9,0 | 13 009,1 | 7,4 |
| North Atlantictonnes | 661,5 | -6,1 | 4 884,4 | 2,5 |
| Asiatonnes | 7 215,5 | 10,1 | 46 229,5 | 10,2 |
| Domestic tonnes | 152,3 | -9,2 | 1 302,5 | 0,0 |
| Cargo leisure traffic tonnes | 3,6 | -96,0 | 214,4 | -76,1 |
| Cargo flights tonnes | 1 226,7 | -41,0 | 12 632,7 | 144,6 |
| Cargo tonnes total | 11 130,5 | -4,5 | 78 272,7 | 18,3 |
| Available tonne kilometres* mill | 108,0 | 10,1 | 745,3 | 37,6 |
| Revenue tonne kilometres mill | 70,3 | -1,4 | 481,6 | 20,9 |
| Cargo load factor* % | 65,1 | -7,6 p | 64,6 | -8,9 p |
| - North-Atlantic cargo load factor* % | 68,2 | -11,3 p | 79,2 | -7,1 p |
| - Asia cargo load factor* % | 76,4 | -9,8 p | 78,7 | -8,6 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 September 2011.
Finnair Plc.
Communications
8.8.2011
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