FINNAIR PLC STOCK EXCHANGE RELEASE 8 September 2011 AT 09:00
In August 2011, Finnair traffic measured in Revenue Passenger Kilometres rose by 11.1% as the overall capacity grew by 13.3% compared with August 2010. Finnair’s Asian traffic capacity measured in Available Seat Kilometres grew by 28.7% and traffic measured in Revenue Passenger Kilometres increased by 20.3%.
“In August, leisure travel continued at a high level, which improved passenger load factors in intra-European and leisure traffic. Holiday travellers also improved the load factors on North American flights. In Asian traffic, passenger load factors decreased due to lower-than-average business travel demand. Travel demand from Japan to Europe has almost returned to its earlier levels, and load factors are good on our routes to Japan. Travel demand from Europe to Japan, however, is recovering at a clearly lower pace,” says Finnair CFO Erno Hildén.
The capacity change in Finnair’s leisure traffic results from the fact that from the beginning of the summer season, some of the previous leisure flights have been operated as scheduled services. A corresponding traffic change can be seen as growth in the European and North American figures.
Cargo capacity grew by 27.8% and traffic by revenue tonne kilometres grew by 18.3% compared with August 2010.
In August, the arrival punctuality of Finnair flights returned to the last year’s level: 90.4% (90.1%) of all flights arrived on schedule. In scheduled traffic the arrival punctuality was 90.8% (90.8%).
FINNAIR'S TRAFFIC PERFORMANCE August 2011
| August 2011 | %-CHANGE | January-August 2011 | %-CHANGE | |
| TOTAL TRAFFIC | ||||
| Passengers 1000 | 699,8 | 8,6 | 5 385,8 | 11,6 |
| Available seat kilometres mill | 2 502,4 | 13,3 | 19 584,2 | 15,7 |
| Revenue passenger kilometres mill | 1 923,5 | 11,1 | 14 497,1 | 10,1 |
| Passenger load factor % | 76,9 | -1,5 p | 74,0 | -3,8 p |
| Cargo tonnes total | 12 818,0 | 15,0 | 94 472,8 | 22,2 |
| Available tonne kilometres mill | 394,9 | 16,9 | 3 024,3 | 20,4 |
| Revenue tonne-kilometres mill | 252,6 | 13,3 | 1 880,3 | 14,3 |
| Overall load factor % | 64,0 | -2,0 p | 62,2 | -3,4 p |
| SCHEDULED TOTAL | ||||
| Passengers 1000 | 651,8 | 13,1 | 4 876,2 | 15,8 |
| Available seat kilometres mill | 2 368,0 | 21,7 | 17 264,4 | 22,1 |
| Revenue passenger kilometres mill | 1 801,9 | 18,9 | 12 426,3 | 16,1 |
| Passenger load factor % | 76,1 | -1,8 p | 72,0 | -3,7 p |
| EUROPE | ||||
| Passengers 1000 | 379,7 | 9,2 | 2 759,2 | 12,9 |
| Available seat kilometres mill | 773,6 | 7,7 | 5 759,6 | 15,0 |
| Revenue passenger kilometres mill | 524,7 | 10,5 | 3 860,2 | 13,8 |
| Passenger load factor % | 67,8 | 1,7 p | 67,0 | -0,7 p |
| NORTH ATLANTIC | ||||
| Passengers 1000 | 23,7 | 48,9 | 136,0 | 31,5 |
| Available seat kilometres mill | 181,7 | 49,4 | 1 098,6 | 29,9 |
| Revenue passenger kilometres mill | 156,3 | 48,8 | 897,6 | 31,5 |
| Passenger load factor % | 86,0 | -0,3 p | 81,7 | 1,0 p |
| ASIA | ||||
| Passengers 1000 | 142,6 | 16,8 | 965,9 | 14,0 |
| Available seat kilometres mill | 1 318,3 | 28,7 | 9 454,1 | 25,3 |
| Revenue passenger kilometres mill | 1 070,9 | 20,3 | 7 156,2 | 15,7 |
| Passenger load factor % | 81,2 | -5,7 p | 75,7 | -6,3 p |
| FINLAND | ||||
| Passengers 1000 | 105,8 | 17,1 | 1 015,2 | 24,1 |
| Available seat kilometres mill | 94,4 | 15,8 | 952,1 | 27,1 |
| Revenue passenger kilometres mill | 50,1 | 10,9 | 512,3 | 15,5 |
| Passenger load factor % | 53,1 | -2,4 p | 53,8 | -5,4 p |
| LEISURE TRAFFIC | ||||
| Passengers 1000 | 48,0 | -29,5 | 509,6 | -17,0 |
| Available seat kilometres mill | 134,4 | -48,7 | 2 319,9 | -16,5 |
| Revenue passenger kilometres mill | 121,6 | -43,5 | 2 070,8 | -15,9 |
| Passenger load factor % | 90,5 | 8,2 p | 89,3 | 0,7 p |
| CARGO TRAFFIC | ||||
| Cargo scheduled traffic total tonnes | 9 685,4 | 3,3 | 75 110,9 | 8,1 |
| Europetonnes | 1 752,2 | -9,6 | 14 761,3 | 5,1 |
| North Atlantictonnes | 653,4 | -6,2 | 5 537,8 | 1,4 |
| Asiatonnes | 7 091,6 | 8,3 | 53 321,1 | 9,9 |
| Domestic tonnes | 188,2 | -0,5 | 1 490,7 | 0,0 |
| Cargo leisure traffic tonnes | 0,5 | -99,2 | 214,9 | -77,8 |
| Cargo flights tonnes | 3 132,1 | 83,6 | 19 146,9 | 178,7 |
| Cargo tonnes total | 12 818,0 | 15,0 | 94 472,8 | 22,2 |
| Available tonne kilometres* mill | 121,8 | 27,8 | 896,8 | 40,8 |
| Revenue tonne kilometres mill | 80,2 | 18,3 | 581,4 | 24,8 |
| Cargo load factor* % | 65,8 | -5,3 p | 64,8 | -8,3 p |
| - North-Atlantic cargo load factor* % | 70,9 | -7,7 p | 78,1 | -7,1 p |
| - Asia cargo load factor* % | 75,7 | -10,7 p | 78,2 | -8,9 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
The next release on traffic statistics will be published on 7 October 2011.
Finnair Plc.
Communications
8 September 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