Finnair’s year-on-year passenger traffic figures declined, but cargo figures improved.
Finnair has reported its passenger traffic for March. The airline served 918,900 passengers, marking a slight dip of 3.6% compared to the same month last year.
Finnair saw its seat supply, measured as Available Seat Kilometres (ASK), rise by 3.9% over last year’s figures. This includes a 2.8% rise when accounting for outsourced services. Despite a minor increase of 0.3% in Revenue Passenger Kilometres (RPKs), the Passenger Load Factor (PLF) fell to 75.0%, a decrease of 2.7 percentage points. The company’s report on traffic does not adjust for longer routes caused by airspace restrictions, sticking instead to the industry-standard Great-Circle distance calculation.
Finnair Passenger Traffic By Region
Asia flights enjoyed a significant boost, with ASKs increasing by 13.5% thanks to more flights to Japan and South Korea. However, North Atlantic services saw an 11.6% drop. Europe’s ASKs climbed by 2.1%, while Middle Eastern ASKs reduced by 7.3%, primarily due to suspended flights to Israel. Finnair also increased its domestic services by 4.9%.
RPKs followed a similar trend, posting a 6.9% increase in Asia but dropping by 7.2% on North Atlantic routes. European, Middle Eastern and domestic routes also saw declines of 1.4%, 9.3%, and 1.8%, respectively.
Load factors varied, with Asian traffic achieving 73.6%, North Atlantic 72.1%, Europe 78.5%, and both Middle Eastern and domestic traffic at 72.5%.
There were fewer passengers across most routes: down 3.5% in Asia, 17.9% across the North Atlantic, 0.5% in Europe, 11.7% in the Middle East, and 7.3% domestically.
Cargo Operations and Other KPIs
Cargo operations fared better, with total cargo tonnes up by 8.6% thanks to more Asian and European capacity. Revenue cargo tonne kilometers rose by 9.2%.
In punctuality, 83.7% of Finnair flights arrived as scheduled.
The airline will release its next traffic update, with April’s figures, on Tuesday, May 7, 2024.
Finnair Traffic Performance March 2024 Table
| Finnair Traffic Performance March 2024 | ||||
| Month | % Change | YTD | % Change | |
| Total traffic | ||||
| Passengers 1,000 | 918.9 | – 3.6 | 2,543.4 | – 1.9 |
| Available seat kilometers mill | 3,106.0 | 3.9 | 8,922.9 | 4.4 |
| Revenue passenger kilometers mill | 2,328.9 | 0.3 | 6,435.2 | 0.3 |
| Passenger load factor % | 75.0 | – 2.7p | 72.1 | – 2.9p |
| Cargo tonnes total | 12,294.7 | 8.6 | 34,310.9 | 11.9 |
| Available tonne kilometers mill | 455.5 | 6.0 | 1,317.7 | 7.8 |
| Revenue tonne kilometers mill | 282.8 | 2.5 | 784.9 | 3.1 |
| Available seat kilometers incl. wet lease out mill | 3,315.4 | 2.8 | 9,540.4 | 3.5 |
| Asia | ||||
| Passengers 1,000 | 108.5 | – 3.5 | 318.5 | – 1.0 |
| Available seat kilometers mill | 1,237.4 | 13.5 | 3,552.8 | 12.5 |
| Revenue passenger kilometers mill | 910.1 | 6.9 | 2,516.8 | 4.1 |
| Passenger load factor % | 73.6 | – 4.6p | 70.8 | – 5.7p |
| Europe | ||||
| Passengers 1,000 | 537.8 | – 0.5 | 1,452.5 | 0.5 |
| Available seat kilometers mill | 1,099.1 | 2.1 | 3,154.5 | 3.9 |
| Revenue passenger kilometers mill | 862.3 | – 1.4 | 2,343.1 | – 0.1 |
| Passenger load factor % | 78.5 | – 2.8p | 74.3 | – 3.0p |
| North Atlantic | ||||
| Passengers 1,000 | 25.8 | – 17.9 | 73.1 | – 10.8 |
| Available seat kilometers mill | 313.6 | – 11.6 | 888.4 | – 9.5 |
| Revenue passenger kilometers mill | 226.0 | – 7.2 | 594.3 | – 6.7 |
| Passenger load factor % | 72.1 | 3.4p | 66.9 | 2.0p |
| Middle East | ||||
| Passengers 1,000 | 42.0 | – 11.7 | 131.1 | – 7.0 |
| Available seat kilometers mill | 262.5 | – 7.3 | 771.5 | – 7.0 |
| Revenue passenger kilometers mill | 190.3 | – 9.3 | 594.7 | – 4.9 |
| Passenger load factor % | 72.5 | – 1.6p | 77.1 | 1.7p |
| Domestic | ||||
| Passengers 1,000 | 204.9 | – 7.3 | 568.2 | – 5.7 |
| Available seat kilometers mill | 193.5 | 4.9 | 555.7 | 2.1 |
| Revenue passenger kilometers mill | 140.2 | – 1.8 | 386.3 | – 1.6 |
| Passenger load factor % | 72.5 | – 5.0p | 69.5 | – 2.6p |
| Cargo traffic | ||||
| – Europe tonnes | 2,188.9 | 26.8 | 5,894.8 | 35.9 |
| – North Atlantic tonnes | 1,053.8 | – 22.7 | 3,079.0 | – 20.9 |
| – Middle East tonnes | 2,221.5 | 5.0 | 5,965.3 | 1.1 |
| – Asia tonnes | 6,760.6 | 12.6 | 19,187.2 | 17.6 |
| – Domestic tonnes | 20.0 | – 42.1 | 63.1 | – 35.5 |
| – Cargo flights tonnes* | 49.9 | – 37.1 | 121.5 | 13.9 |
| Cargo traffic tonnes total | 12,294.7 | 8.6 | 34,310.9 | 11.9 |
| Revenue cargo tonne kilometers mill | 74.6 | 9.2 | 209.6 | 11.6 |
* Including purchased traffic
- Change %: Change compared to the figures of the respective periods in the previous year (p = points, N/A = not available).
- Available seat kilometres. ASK: Total number of seats available multiplied by kilometers flown.
- Revenue passenger kilometres. RPK: The number of revenue passengers carried is multiplied by the kilometers flown.
- Passenger load factor: Share of revenue passenger kilometers of available seat kilometers.
- Available tonne kilometres. ATK: The number of tonnes of capacity for carriage of passengers, cargo, and mail multiplied by the kilometers flown.
- Revenue tonne kilometers (RTK): The Total revenue load, consisting of passengers, cargo, and mail multiplied by kilometers flown.
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