Traffic Performance December 2011

| Source: Finnair Oyj Finnair Oyj

Finnair Plc Stock Exhange Release 10 January 2012 at 09:00

 

In 2011, Finnair traffic measured in Revenue Passenger Kilometres rose by approximately 11.8 per cent as the overall capacity grew by 16.8 per cent compared with full year 2010. Asian traffic capacity measured in Available Seat Kilometres grew by 27.8 per cent and traffic measured in Revenue Passenger Kilometres increased by 17.6 per cent, mainly as a result of the Singapore route launch in May.

In December 2010 Finnair traffic performance was affected by a cabin crew strike that halted the traffic for over a week.

 “Package tour market in Finland suffered from overcapacity and consequently the load factor in leisure traffic declined significantly in December year on year,” says Finnair CFO Erno Hildén. “Global economic uncertainty softened also the demand in Asian traffic. However, overall load factor for December was flat compared to December 2010 as the load factors in European and Domestic traffic improved notably year on year.”

In December, Revenue per Available Seat Kilometre (RASK) improved by 6.2 per cent compared with the exceptional corresponding period in 2010. The unit revenue (RASK) was 5.07 c.

In leisure traffic the load factor for the full year remained close to flat. In December, the load factor declined by nearly 4 per cent year on year. The full year capacity decrease results mainly from the fact that from the beginning of the summer season, some of the previous leisure flights have been operated as scheduled services. The overall capacity of these flights has not changed substantially from last year. 

 In cargo, available tonne kilometres for 2011 grew by 34.5 per cent and revenue tonne kilometres by 19.9 per cent year on year. The amount of cargo and mail carried grew by 18.5 per cent. The overall load factor was 64.8 per cent, declining nearly 8 per cent year on year due to overcapacity in the industry.

The arrival punctuality of Finnair flights in 2011 improved year on year: 85.1 per cent (80.8 per cent) of all flights arrived on schedule. In scheduled traffic, 86.4 per cent (82.2 per cent) of flights arrived on schedule. The arrival punctuality in December was satisfactory: 81.4 per cent (57.6 per cent) of all flights arrived on schedule. In December 2010 arrival punctuality was affected by a cabin crew strike.

Finnair Traffic Performance December 2011

 

  Dec 2011 %-Change Jan-Dec 2011 %-Change
Total Traffic        
Passengers 1000 610,0 43,4 8 013,1 12,3
Available seat kilometres mill 2 405,3 40,1 29 344,7 16,8
Revenue passenger kilometres mill 1 717,3 40,6 21 497,5 11,8
Passenger load factor % 71,4 0,2 p 73,3 -3,2 p
Cargo tonnes total 11 902,0 25,3 145 883,1 18,5
Available tonne kilometres mill 379,6 31,6 4 570,6 20,0
Revenue tonne-kilometres mill 227,0 34,2 2 823,5 14,3
Overall load factor % 59,8 1,2 p 61,8 -3,1 p
         
Scheduled Total        
Passengers 1000 548,4 51,4 7 275,1 16,4
Available seat kilometres mill 1 942,9 50,5 25 808,2 22,7
Revenue passenger kilometres mill 1 355,7 55,3 18 454,7 17,8
Passenger load factor % 69,8 2,2 p 71,5 -3,0 p
         
Europe        
Passengers 1000 292,6 52,6 4 102,9 14,4
Available seat kilometres mill 600,5 36,9 8 573,6 14,6
Revenue passenger kilometres mill 411,3 58,4 5 739,7 16,2
Passenger load factor % 68,5 9,3 p 66,9 0,9 p
         
North Atlantic        
Passengers 1000 10,9 41,4 190,6 29,5
Available seat kilometres mill 96,6 54,3 1 564,8 28,8
Revenue passenger kilometres mill 71,9 41,4 1 258,4 29,5
Passenger load factor % 74,5 -6,8 p 80,4 0,4 p
         
Asia        
Passengers 1000 105,6 53,5 1 437,6 15,7
Available seat kilometres mill 1 129,3 63,7 14 245,5 27,8
Revenue passenger kilometres mill 796,0 56,2 10 685,6 17,6
Passenger load factor % 70,5 -3,4 p 75,0 -6,5 p
         
Domestic        
Passengers 1000 139,3 48,4 1 543,9 21,2
Available seat kilometres mill 116,5 16,3 1 424,3 20,5
Revenue passenger kilometres mill 76,4 45,0 771,1 15,2
Passenger load factor % 65,6 13,0 p 54,1 -2,5 p
         
Leisure Traffic        
Passengers 1000 61,6 -2,5 738,0 -16,8
Available seat kilometres mill 462,4 8,8 3 536,5 -13,8
Revenue passenger kilometres mill 361,6 3,6 3 042,8 -14,5
Passenger load factor % 78,2 -3,9 p 86,0 -0,7 p
         
Cargo Traffic        
Cargo scheduled traffic total tonnes 8 424,6 26,7 111 619,6 6,5
Europe tonnes 1 672,4 30,7 21 964,6 2,5
North Atlantic tonnes 645,9 17,1 8 199,2 -0,1
Asia tonnes 5 924,7 27,3 79 180,6 8,6
Domestic tonnes 181,5 8,9 2 275,2 -0,5
Cargo leisure traffic tonnes 19,5 -33,9 254,4 -77,7
Cargo flights tonnes 3 457,9 22,7 34 009,0 98,0
Cargo tonnes total 11 902,0 25,3 145 883,1 18,5
Available tonne kilometres* mill 120,4 27,8 1 384,6 34,5
Revenue tonne kilometres mill 73,1 22,7 897,5 19,9
Cargo load factor* % 60,7 -2,6 p 64,8 -7,9 p
- North-Atlantic cargo load factor* % 83,6 -8,2 p 78,2 -9,6 p
- Asia cargo load factor* % 74,4 -8,2 p 77,6 -10,6 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 released on 10 February 2012.
Financial statement for the financial year 2011 is released on 9 February 2012.

Finnair Plc.
Communications
10 January 2012

 

Further information:
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