Finnair Plc Investor News 8 December 2017 at 09:00 am
Record-high capacity growth in November, demand exceeded capacity growth in Asian, North-Atlantic and European Traffic
In November, Finnair's overall capacity measured in Available Seat Kilometres increased by 20.0 per cent year ‐ on ‐ year, and traffic measured in Revenue Passenger Kilometres grew by 23.7 per cent. The number of passengers carried in November increased by 15 per cent year-on-year. The passenger load factor increased by 2.3 percentage points to 78.4 per cent.
The capacity in Finnair’s largest traffic area, Asia, increased by 32.5 per cent in November. New seasonal route to Goa was opened in November, and flights to Phuket were started earlier than in the comparison period. Also number of frequencies to Bangkok, Hong Kong, Singapore and Krabi increased year-on-year. Traffic measured in RPK grew by 34.5 per cent, and the passenger load factor increased by 1.2 percentage points to 80.6 per cent.
In North Atlantic traffic capacity increased by 19.1 per cent. Flights to new leisure destination Puerto Vallarta started and Miami route was re-opened in November, whereas operations to Chicago ceased for the winter period. Traffic increased by 25.0 per cent and the passenger load factor rose by 3.6 percentage points to 75.5 per cent.
Finnair’s capacity in European traffic increased by 5.6 per cent reflecting added capacity especially to Berlin, Copenhagen, Moscow, St. Petersburg and Vilnius. Traffic measured in RPK grew by 10.8 per cent year-on-year. The passenger load factor increased by 3.6 percentage points to 77.5 per cent. Domestic capacity increased by 11.2 per cent and traffic by 8.5 per cent. The passenger load factor decreased by 1.6 percentage points to 64.3 per cent.
Available Scheduled Cargo Tonne Kilometres increased by 16.4 per cent and Revenue Scheduled Cargo Tonne Kilometres increased by 23.1 per cent. The strongest growth markets year-on-year were Hong Kong, China, Thailand, Korea and Germany. Fin nair’s total cargo capacity also included three weekly freighter flights between Helsinki and Brussels, operated by DHL. Finnair Cargo’s agreement to rent cargo space Japan Airlines’ daily flights between Tokyo and Helsinki ended at the end of October, which was reflected cargo flights volumes in November.
In November, 81.6 per cent of all Finnair flights arrived on schedule (75.9).
Traffic statistics for December 2017 will be published on Tuesday, 9 January 2018.
Finnair Traffic Performance November 2017
|November 2017||%- Change||Year-to date 2017||%-Change|
|Passengers 1000||949,6||15,0||10 953,3||9,3|
|Available seat kilometres mill||3 083,2||20,0||33 784,1||8,3|
|Revenue passenger kilometres mill||2 416,0||23,7||28 225,3||13,3|
|Passenger load factor %||78,4||2,3||83,5||3,7|
|Cargo tonnes total||13 497,5||8,0||145 019,0||6,9|
|Available tonne kilometres mill||462,5||19,9||5 051,3||9,5|
|Revenue tonne-kilometres mill||300,0||20,3||3 418,9||12,1|
|Overall load factor %||64,9||0,2||67,7||1,6|
|Passengers 1000||545,0||13,2||6 821,3||9,8|
|Available seat kilometres mill||1 054,4||5,6||13 104,6||6,8|
|Revenue passenger kilometres mill||816,9||10,8||10 599,1||9,7|
|Passenger load factor %||77,5||3,6||80,9||2,1|
|Available seat kilometres mill||196,0||19,1||2 506,8||1,9|
|Revenue passenger kilometres mill||148,0||25,0||2 101,0||7,3|
|Passenger load factor %||75,5||3,6||83,8||4,2|
|Passengers 1000||177,4||33,4||1 925,3||17,6|
|Available seat kilometres mill||1 669,7||32,5||16 710,0||10,9|
|Revenue passenger kilometres mill||1 346,3||34,5||14 542,9||17,9|
|Passenger load factor %||80,6||1,2||87,0||5,2|
|Passengers 1000||207,3||6,3||1 915,8||0,5|
|Available seat kilometres mill||163,1||11,2||1 462,7||5,6|
|Revenue passenger kilometres mill||104,8||8,5||982,2||3,1|
|Passenger load factor %||64,3||-1,6||67,2||-1,6|
|Cargo scheduled traffic total tonnes||12 790,5||16,4||128 253,2||7,1|
|Europe tonnes||2 172,5||-7,3||23 925,8||-0,6|
|North Atlantic tonnes||679,4||33,9||8 579,3||3,3|
|Asia tonnes||9 890,3||23,9||94 877,3||10,6|
|Cargo flights, tonnes**||707,0||-53,0||16 764,8||5,4|
|Cargo tonnes total||13 497,4||8,0||145 018,0||6,9|
|Available tonne kilometres* mill||120,6||9,3||1 356,0||5,3|
|Revenue tonne kilometres mill||83,8||12,4||893,4||9,0|
|Available sched.cargo tonne kms*, mill.||118,8||16,4||1 272,6||6,2|
|Revenue sched.cargo tonne kms, mill.||82,6||23,1||811,0||9,9|
|Cargo load factor* %||69,5||1,9||65,9||3,0|
|– North-Atlantic cargo load factor* %||60,4||14,7||50,5||6,2|
|– Asia cargo load factor* %||77,4||3,5||71,4||4,4|
|Scheduled traffic Cargo load factor*, %||69,6||3,8||63,7||2,1|
* Operational calculatory capacity
** Including purchased traffic
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
Finnair Media Desk, t. 358 9 818 4020, comms(a)finnair.com
Finnair is a network airline specialising in passenger and cargo traffic between Asia and Europe. Helsinki’s geographical location gives Finnair a competitive advantage, since the fastest connections between many European destinations and Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a unique Nordic experience, and its mission is to offer the smoothest, fastest connections in the northern hemisphere via Helsinki and the best network to the world from its home markets. Finnair is the only Nordic carrier with a 4-star Skytrax ranking and a member of the one world alliance. In 2016, Finnair’s revenues amounted to EUR 2,317 million and it carried almost 11 million passengers. Finnair Plc’s shares are quoted on Nasdaq Helsinki.
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