FINNAIR PLC STOCK EXCHANGE RELEASE 9 February 2011 AT 09:00
Finnair's Asian traffic, measured in passenger kilometres, grew by just over 7% in January compared with January the previous year. Scheduled traffic grew by just over 5% and traffic overall by more than 3%.
“Demand is on a growth track, but we are still suffering to some extent from the after-effects of the cabin staff strike. We increased capacity in anticipation of growth, but the passenger kilometre growth figures remained relatively modest due to the after-effects of the strike. As a result, passenger load factors declined,” says Finnair's Chief Financial Officer Erno Hildén.
In Asian traffic, capacity was increased by more than 20%, thereby reducing the load factor by nearly nine percentage points to 73%. Scheduled traffic capacity was increased by more than 16% and the load factor declined by just over seven percentage points to 67%.
North American traffic grew by just over 7%, European traffic grew by nearly 10% and domestic traffic by more than 9% in January, measured in passenger kilometres. Load factors declined in all scheduled traffic segments.
Leisure traffic declined by slightly more than 2% compared with January last year. In leisure traffic, capacity was also reduced by more than 2%, so the load factor rose to just over 93%.
The amount of cargo carried by Finnair grew by 41% in January compared with the previous year. A pick-up in demand, particularly in traffic between Europe and Asia, and the impact of cargo aircraft traffic launched in May last year are evident in cargo growth.
The arrival punctuality of Finnair flights in January was 71%, which is more than 12 percentage points better than last year. The arrival punctuality of scheduled flights was 73%, which is also more than 12 percentage points better than in January the previous year.
FINNAIR'S TRAFFIC PERFORMANCE January 2011
| January 2011 | %-CHANGE | January-January 2011 | %-CHANGE | |
| TOTAL TRAFFIC | ||||
| Passengers 1000 | 608,2 | 4,6 | 608,2 | 4,6 |
| Available seat kilometres mill | 2 500,3 | 12,2 | 2 500,3 | 12,2 |
| Revenue passenger kilometres mill | 1 806,6 | 3,2 | 1 806,6 | 3,2 |
| Passenger load factor % | 72,3 | -6,3 p | 72,3 | -6,3 p |
| Cargo tonnes total | 11 139,1 | 41,1 | 11 139,1 | 41,1 |
| Available tonne kilometres mill | 388,6 | 19,9 | 388,6 | 19,9 |
| Revenue tonne-kilometres mill | 229,9 | 13,2 | 229,9 | 13,2 |
| Overall load factor % | 59,2 | -3,5 p | 59,2 | -3,5 p |
| SCHEDULED TOTAL | ||||
| Passengers 1000 | 528,7 | 6,0 | 528,7 | 6,0 |
| Available seat kilometres mill | 2 011,9 | 16,4 | 2 011,9 | 16,4 |
| Revenue passenger kilometres mill | 1 350,4 | 5,2 | 1 350,4 | 5,2 |
| Passenger load factor % | 67,1 | -7,2 p | 67,1 | -7,2 p |
| EUROPE | ||||
| Passengers 1000 | 274,3 | 0,8 | 274,3 | 0,8 |
| Available seat kilometres mill | 631,2 | 9,5 | 631,2 | 9,5 |
| Revenue passenger kilometres mill | 368,7 | -0,1 | 368,7 | -0,1 |
| Passenger load factor % | 58,4 | -5,6 p | 58,4 | -5,6 p |
| NORTH ATLANTIC | ||||
| Passengers 1000 | 12,1 | 5,3 | 12,1 | 5,3 |
| Available seat kilometres mill | 107,3 | 12,2 | 107,3 | 12,2 |
| Revenue passenger kilometres mill | 80,0 | 5,3 | 80,0 | 5,3 |
| Passenger load factor % | 74,5 | -4,9 p | 74,5 | -4,9 p |
| ASIA | ||||
| Passengers 1000 | 113,7 | 6,5 | 113,7 | 6,5 |
| Available seat kilometres mill | 1 137,8 | 20,3 | 1 137,8 | 20,3 |
| Revenue passenger kilometres mill | 835,3 | 7,3 | 835,3 | 7,3 |
| Passenger load factor % | 73,4 | -8,9 p | 73,4 | -8,9 p |
| DOMESTIC | ||||
| Passengers 1000 | 128,6 | 18,7 | 128,6 | 18,7 |
| Available seat kilometres mill | 135,5 | 22,5 | 135,5 | 22,5 |
| Revenue passenger kilometres mill | 66,4 | 9,1 | 66,4 | 9,1 |
| Passenger load factor % | 49,0 | -6,0 p | 49,0 | -6,0 p |
| LEISURE TRAFFIC | ||||
| Passengers 1000 | 79,5 | -4,2 | 79,5 | -4,2 |
| Available seat kilometres mill | 488,4 | -2,3 | 488,4 | -2,3 |
| Revenue passenger kilometres mill | 456,1 | -2,2 | 456,1 | -2,2 |
| Passenger load factor % | 93,4 | 0,1 p | 93,4 | 0,1 p |
| CARGO TRAFFIC | ||||
| Cargo scheduled traffic total tonnes | 8 632,1 | 12,4 | 8 632,1 | 12,4 |
| Europetonnes | 1 755,2 | 16,5 | 1 755,2 | 16,5 |
| North Atlantictonnes | 717,2 | 31,5 | 717,2 | 31,5 |
| Asiatonnes | 5 980,0 | 10,0 | 5 980,0 | 10,0 |
| Domestic tonnes | 179,7 | -6,5 | 179,7 | -6,5 |
| Cargo leisure traffic tonnes | 59,8 | -71,9 | 59,8 | -71,9 |
| Cargo flights tonnes | 2 447,2 | -- | 2 447,2 | -- |
| Cargo tonnes total | 11 139,1 | 41,1 | 11 139,1 | 41,1 |
| Available tonne kilometres* mill | 117,1 | 62,7 | 117,1 | 62,7 |
| Revenue tonne kilometres mill | 68,0 | 47,0 | 68,0 | 47,0 |
| Cargo load factor* % | 58,0 | -6,2 p | 58,0 | -6,2 p |
| - North-Atlantic cargo load factor* % | 83,6 | 12,9 p | 83,6 | 12,9 p |
| -- Asia cargo load factor* % | 71,5 | -4,8 p | 71,5 | -4,8 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 8 March 2011.
Finnair Plc
Communications
9 February 2011
Additional information:
Mr. Erno Hildén, CFO, tel. +358 9 818 8550
Mr. Antero Lahtinen, Managing Director, Finnair Cargo, tel. +358 9 818 5400
Mr. Christer Haglund, SVP Corporate Communications, tel. +358 9 818 4007
Mr. Taneli Hassinen, VP Financial Communications and IR, tel. +358 9 818 4976