FINNAIR OYJ STOCK EXCHANGE RELEASE 6 AUGUST 2009 AT 09:00
FINNAIR TRAFFIC DECLINES, LOAD FACTOR EXCELLENT
Finnair's scheduled traffic
declined in July by nearly seven per cent and passenger numbers were around
three per cent lower than in July 2008. Capacity was cut by nearly nine per
cent, which meant that passenger load factor rose to 81 per cent.
“We have
managed to adjust our capacity to correspond to lower demand, which has improved
the passenger load factor. The price level is still regrettably poor, as has
been the case throughout the early part of the year,” says Deputy CEO Lasse
Heinonen.
Asian traffic declined by nearly 13 per cent and capacity contracted
by 17 per cent, thereby increasing the load factor in Asian traffic to nearly 84
per cent.
In North American capacity, passenger volume and passenger
kilometres all grew by 24 per cent. Passenger load factor remained at over 90
per cent. Growth of North American traffic is explained by an increase in
flights to New York. In the summer season, Finnair is flying to New York ten
times per week.
European traffic was 2.5 per cent lower and passenger volume
declined by 1.2 per cent. Capacity was reduced by 2.2 per cent. Passenger load
factor fell to slightly over 77 per cent.
Domestic traffic declined by 4.5 per
cent. Capacity was reduced domestically by nearly four per cent and load factor
was at the previous year's level of 63.5 per cent.
In Leisure Flights,
passenger volume in July was more than 23 per cent lower than a year earlier.
Revenue passenger kilometres declined by nearly 18 per cent. Capacity was
reduced by more than 13 per cent, but load factor declined by 4.5 per cent to 86
per cent.
Of Finnair's flights, 89.2 per cent arrived on schedule, which
represents an improvement of 6.7 percentage points from last year. Scheduled
traffic's punctuality percentage rose from July last year by 6.1 percentage
points to 90.6 per cent.
Finnair traffic
Finnair traffic altogether decreased by 8.7%, measured in revenue passenger
kilometres. Capacity decreased by 9.5%. Passenger load factor was 0.8 percentage
points higher than year before, 81.8%. Number of passengers carried decreased by
6.2% and was 670 981.
Scheduled traffic
Scheduled traffic decreased by 6.6%, measured in revenue passenger kilometres.
Capacity decreased by 8.7%. Passenger load factor was 1.9 percentage points
higher than year before, 81.0%. Number of passengers carried decreased by 2.7%
and was 574 446.
Scheduled international traffic, decreased by 6.6%, measured in revenue
passenger kilometres. Capacity decreased by 8.9%. Passenger load factor was 2.0
percentage points higher than year before, 81.5%. Number of passengers carried
decreased by 3.7% and was 512 167.
European scheduled traffic, decreased by 2.5%, measured in revenue passenger
kilometres. Capacity decreased by 2.2%. Passenger load factor was 0.2 percentage
points lower than year before, 77.1%. Number of passengers carried decreased by
1.2% and was 385 843.
North Atlantic scheduled traffic increased by 24.0%, measured in revenue
passenger kilometres. Capacity increased by 24.0%. Passenger load factor was
same than year before, 90.1%. Number of passengers carried increased by 24.0%
and was 19 539.
Asian scheduled traffic decreased by 12.8%, measured in revenue passenger
kilometres. Capacity decreased by 16.6%. Passenger load factor was 3.7
percentage points higher than year before, 83.6%. Number of passengers carried
decreased by 15.0% and was 106 785.
Domestic scheduled traffic decreased by 4.3%, measured in revenue passenger
kilometres. Capacity decreased by 3.8%. Passenger load factor was 0.4 percentage
points lower than year before, 63.5%. Number of passengers carried increased by
7.0% and was 62 279.
Leisure traffic
Leisure traffic decreased by 17.8%, measured in revenue passenger kilometres.
Capacity decreased by 13.4%. Passenger load factor was 4.5 percentage points
lower than year before, 86.1%. Number of passengers carried decreased by 23.1%
and was 96 535.
Cargo
Cargo traffic decreased by 12.9% in terms of cargo tonnes carried.
Decrease in scheduled traffic was 14.2%. Cargo traffic decreased by 15.6% in
Asian traffic, decreased by 3.4% in European traffic and decreased by 30.7% in
North-Atlantic traffic.
Cargo traffic carried on chartered cargo flights increased by 13.2%. The cargo
load factor in the Far Eastern traffic was 72.5% and in the North Atlantic
traffic 37.0%.
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| | Jul09 | %-CHANG | Jan09-Jul0 | %- |
| | | E | 9 | CHANGE |
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| TOTAL TRAFFIC | | | | |
--------------------------------------------------------------------------------
| Passengers 1000 | 671,0 | -6,2 | 4 391,5 | -8,1 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 2 192,7 | -9,5 | 15 759,4 | -6,8 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 1 793,3 | -8,7 | 11 847,7 | -4,7 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 81,8 | 0,8 p | 75,2 | 1,7 p |
--------------------------------------------------------------------------------
| Cargo tonnes toatal | 7 546,4 | -12,9 | 48 265,2 | -20,6 |
--------------------------------------------------------------------------------
| Available tonne-kilometres | 327,9 | -14,6 | 2 364,6 | -8,9 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue tonne-kilometres mill | 204,7 | -9,8 | 1 333,4 | -8,7 |
--------------------------------------------------------------------------------
| Overall load factor % | 62,4 | 3,4 p | 56,4 | 0,1 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| SCHEDULED TOTAL | | | | |
--------------------------------------------------------------------------------
| Passengers 1000 | 574,4 | -2,7 | 3 676,4 | -8,5 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 1 847,3 | -8,7 | 12 241,6 | -9,4 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 1 495,8 | -6,6 | 8 743,2 | -7,0 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 81,0 | 1,9 p | 71,4 | 1,8 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUROPE | | | | |
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| Passengers 1000 | 385,8 | -1,2 | 2 138,8 | -8,4 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 713,3 | -2,2 | 4 513,7 | -8,1 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 549,7 | -2,5 | 2 984,5 | -7,2 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 77,1 | -0,2 p | 66,1 | 0,6 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NORTH ATLANTIC | | | | |
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| Passengers 1000 | 19,5 | 24,0 | 91,8 | 9,7 |
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| Available seat-kilometres | 143,1 | 24,0 | 744,7 | 11,4 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 129,0 | 24,0 | 606,2 | 9,7 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 90,1 | -0,0 p | 81,4 | -1,3 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| ASIA | | | | |
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| Passengers 1000 | 106,8 | -15,0 | 649,0 | -8,5 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 936,9 | -16,6 | 6 238,8 | -11,7 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 782,9 | -12,8 | 4 711,1 | -8,0 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 83,6 | 3,7 p | 75,5 | 3,0 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| DOMESTIC | | | | |
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| Passengers 1000 | 62,3 | 7,0 | 796,7 | -10,3 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 53,9 | -3,8 | 744,5 | -14,1 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue pax-kilometres mill | 34,3 | -4,3 | 441,4 | -13,2 |
--------------------------------------------------------------------------------
| Passenger load factor % | 63,5 | -0,4 p | 59,3 | 0,6 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| LEISURE TRAFFIC | | | | |
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| Passengers 1000 | 96,5 | -23,1 | 715,2 | -6,2 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 345,4 | -13,4 | 3 517,8 | 3,4 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 297,5 | -17,8 | 3 104,5 | 2,4 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 86,1 | -4,5 p | 88,3 | -0,9 p |
--------------------------------------------------------------------------------
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| CARGO TRAFFIC | | | | |
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| Cargo scheduled traffic total | 7 281,8 | -14,2 | 46 599,8 | -20,5 |
| tonnes | | | | |
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| Europe tonnes | 1 515,5 | -3,4 | 10 428,6 | -15,3 |
--------------------------------------------------------------------------------
| North Atlantic tonnes | 423,2 | -30,7 | 3 353,8 | -19,1 |
--------------------------------------------------------------------------------
| Asia tonnes | 5 147,9 | -15,6 | 31 226,5 | -22,7 |
--------------------------------------------------------------------------------
| Domestic tonnes | 195,1 | -8,1 | 1 590,9 | -9,2 |
--------------------------------------------------------------------------------
| Cargo leisure traffic tonnes | 98,8 | 279,2 | 711,9 | 198,9 |
--------------------------------------------------------------------------------
| Scheduled cargo charter | 165,9 | 13,2 | 953,5 | -51,0 |
| tonnes | | | | |
--------------------------------------------------------------------------------
| Cargo tonnes total | 7 546,4 | -12,9 | 48 265,2 | -20,6 |
--------------------------------------------------------------------------------
| Available tonne-kilometres* | 72,3 | -13,8 | 505,6 | -10,0 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue tonne-kilometres mill | 44,0 | -13,6 | 271,8 | -21,7 |
--------------------------------------------------------------------------------
| Cargo load factor* % | 60,8 | 0,1 p | 53,8 | -8,1 p |
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p= percentage points
Definitions to the terms used:
Change % refers to the change of the figures of the previous year
Revenue passenger kilometres: Number of revenue passengers carried,multiplied by
kilometres flown.
Available passenger kilometres: Total number of seats available, multiplied by
the number of kilometres flown.
Available tonne kilometres: Number of tonnes of capacity for carriage of
passengers, cargo and mail, multiplies by kilometres flown.
Cabin factor: Share of revenue passenger kilometres of available passenger
kilometres.
Overall load factor: Share of revenue tonne kilometres of available tonne
kilometres.
Next release on traffic statistics will be released on September 8, 2009.
Finnair Oyj
Communications
August 06, 2009
Taneli Hassinen
VP Financial Communications and IR
Tel. +358 9 818 4976
For further information please contact:
Mr. Lasse Heinonen.EVP & CFO. tel. +358 9 818 4950
Mr. Taneli Hassinen. VP Financial Communications and IR
tel. +358 9 818 4976
Mr. Petteri Kostermaa. VP Traffic Planning. tel. +358 9 818 8504
Mr. Timo Riihimäki. Vice President. Cargo. tel. +358 9 818 5487
