Finnair Sets New Passenger Record in June

Finnair reports a new record 1.1 million passengers served in June, which represents an increase of 9.1% last year.

  • Finnair’s overall capacity measured in Available Seat Kilometres increased by 9,9 per cent year‐on‐year, and traffic measured in Revenue Passenger Kilometres grew by 13.4 per cent.
  • The number of passengers carried during the month was 1,10 million, which is the highest number ever (1.03 million in June 2016 and 1,08 million in July 2016).
  • The passenger load factor increased by 2.7 percentage points to stand at 86,8 per cent.

The capacity in Finnair’s largest traffic area, Asia, increased by 11.3 per cent in June and traffic grew by 17.4 per cent reflecting a higher passenger load factor. The selection of routes and frequencies was mainly unchanged year-on-year, but there were increased frequencies to Tokyo and Hong Kong in particular. Finnair is now the biggest European airline in Japan in terms of frequencies.

The capacity in North Atlantic traffic increased by 1.9 per cent year-on-year, and traffic measured in RPK increased by 4.6 per cent. The most significant year-on-year changes in the flight programme were the suspension of the Miami route for the summer and the launch of a new San Francisco route, operated three times a week from the beginning of June.

Finnair’s capacity in European traffic increased by 11.1 per cent reflecting new seasonal routes opened for the summer as well as four new A321 narrow-body aircraft, and traffic grew by 12.3 per cent year-on-year. Domestic capacity decreased by 3.4 per cent, as the Oulu airport was closed for renovation in the last week of the month. RPK decreased by 7.2 per cent year.

In June, 83.5 per cent of all Finnair flights arrived on schedule (86.8).

According to preliminary data, Finnair’s unit revenue, or RASK (total Group revenue divided by ASK), increased in April–June by 4.2 per cent year-on-year and totalled 6.97 euro cents.

“Unit revenue rose in the second quarter largely on the back of a broad improvement in the passenger load factor, but yields also improved on certain routes. Performance was particularly strong compared to last year in Finnair’s core trafic between Europe and Asia. Ancillary sales and cargo also made a clearly positive contribution”, says Finnair CFO Pekka Vähähyyppä.

Finnair Traffic Performance June 2017

June 2017 %-Change Year-to date 2017 %-Change
Total Traffic
Passengers 1000 1 100,2 9,1 5 674,0 7,5
Available seat kilometres mill 3 247,6 9,9 17 222,5 3,5
Revenue passenger kilometres mill 2 818,6 13,4 14 233,1 9,6
Passenger load factor % 86,8 2,7 p 82,6 4,5 p
Cargo tonnes total 14 323,6 11,6 72 311,1 1,9
Available tonne kilometres mill 483,9 10,3 2 561,4 4,5
Revenue tonne-kilometres mill 340,8 13,7 1 712,3 7,8
Overall load factor % 70,4 2,1 p 66,9 2,0 p
Europe
Passengers 1000 744,1 11,6 3 443,2 8,5
Available seat kilometres mill 1 329,3 11,1 6 762,3 5,5
Revenue passenger kilometres mill 1 155,2 12,3 5 372,2 8,7
Passenger load factor % 86,9 1,0 p 79,4 2,4 p
North Atlantic
Passengers 1000 32,5 3,3 141,5 -1,1
Available seat kilometres mill 261,7 1,9 1 253,1 -3,9
Revenue passenger kilometres mill 234,2 4,6 1 026,5 -1,2
Passenger load factor % 89,5 2,3 p 81,9 2,3 p
Asia
Passengers 1000 180,5 16,8 958,0 12,3
Available seat kilometres mill 1 559,2 11,3 8 328,5 2,9
Revenue passenger kilometres mill 1 362,5 17,4 7 234,5 12,4
Passenger load factor % 87,4 4,6 p 86,9 7,3 p
Domestic
Passengers 1000 143,1 -8,1 1 131,4 1,8
Available seat kilometres mill 97,4 -3,4 878,6 6,5
Revenue passenger kilometres mill 66,6 -7,2 599,9 4,8
Passenger load factor % 68,4 -2,8 p 68,3 -1,1 p
Cargo Traffic
Cargo scheduled traffic total tonnes 12 622,7 10,8 62 879,9 1,3
Europe tonnes 2 405,4 3,1 12 395,5 -0,2
North Atlantic tonnes 841,0 -2,9 4 387,8 -0,8
Asia tonnes 9 333,3 15,9 45 464,9 2,6
Domestic tonnes 43,0 -70,2 631,7 -30,2
Cargo flights, tonnes** 1 700,8 18,1 9 431,2 5,6
Cargo tonnes total 14 323,6 11,6 72 311,1 1,9
Available tonne kilometres* mill 122,5 -0,9 679,4 -1,5
Revenue tonne kilometres mill 88,4 14,0 439,4 2,9
Available sched.cargo tonne kms*, mill. 116,3 0,6 631,5 -1,2
Revenue sched.cargo tonne kms, mill. 79,8 13,7 390,9 2,5
Cargo load factor* % 72,1 9,4 64,7 3,7
– North-Atlantic cargo load factor* % 45,6 -0,6 51,7 6,1
– Asia cargo load factor* % 78,3 11,8 69,5 5,3
Scheduled traffic Cargo load factor*, % 68,6 7,9 61,9 2,2

* 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

Source: Finnair

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