FINNAIR PLC STOCK EXCHANGE RELEASE 9 FEBRUARY 2009 AT 09:00
Finnair's scheduled traffic capacity was cut in January by more than five per
cent. The load factor of international scheduled traffic load rose by nearly
five and a half percentage points compared with January last year. Tickets
prices, however, are low.
“The average price is still clearly below last year's level, because business
travel continues to fall,” says Finnair SVP Communications Christer Haglund.
Growth in Asian traffic has fallen to less than two per cent. The impact of the
capacity cuts in Asian traffic was nearly eight per cent. The load factor rose
in Asian traffic by nearly eight percentage points.
North American traffic grew by more than 21 per cent, influenced to a large
extent by the addition of one flight per week to New York. North American
traffic accounts for around six per cent of scheduled traffic's revenue
passenger kilometres.
Domestic traffic figures reflect planned capacity cuts; capacity was nearly
seven per cent less than last year.
Leisure traffic grew in January by nearly 16 per cent and capacity increased by
nearly 17 per cent. The leisure traffic load factor was high, 93.5 per cent.
The fall in cargo demand continues. In January more than 20 per cent less cargo
was carried.
Finnair traffic
Finnair traffic altogether increased by 6.3%, measured in revenue passenger
kilometres. Capacity increased by 0.3%. Passenger load factor was 4.4 percentage
points higher than year before, 77.8%. Number of passengers carried decreased by
1.0% and was 624 593.
Scheduled traffic
Scheduled traffic increased by 1.8%, measured in revenue passenger kilometres.
Capacity decreased by 5.2%. Passenger load factor was 4.9 percentage points
higher than year before, 71.3%. Number of passengers carried decreased by 3.4%
and was 505 018.
Scheduled international traffic, increased by 2.6%, measured in revenue
passenger kilometres. Capacity decreased by 5.0%. Passenger load factor was 5.4
percentage points higher than year before, 72.7%. Number of passengers carried
decreased by 1.1% and was 381 996.
European scheduled traffic, increased by 0.5%, measured in revenue passenger
kilometres. Capacity decreased by 3.6%. Passenger load factor was 2.3 percentage
points higher than year before, 58.2%. Number of passengers carried decreased by
3.4% and was 263 874.
North Atlantic scheduled traffic increased by 21.9%, measured in revenue
passenger kilometres. Capacity increased by 18.2%. Passenger load factor was 2.5
percentage points higher than year before, 81.9%. Number of passengers carried
increased by 21.9% and was 12 006.
Asian scheduled traffic increased by 1.9%, measured in revenue passenger
kilometres. Capacity decreased by 7.8%. Passenger load factor was 7.8 percentage
points higher than year before, 81.3%. Number of passengers carried increased by
2.6% and was 106 116.
Domestic scheduled traffic decreased by 10.0%, measured in revenue passenger
kilometres. Capacity decreased by 6.9%. Passenger load factor was 1.9 percentage
points lower than year before, 53.4%. Number of passengers carried decreased by
9.8% and was 123 022.
Leisure traffic
Leisure traffic increased by 15.7%, measured in revenue passenger kilometres.
Capacity increased by 16.7%. Passenger load factor was 0.8 percentage points
lower than year before, 93.5%. Number of passengers carried increased by 11.0%
and was 119 575.
Cargo
Cargo traffic decreased by 20.7% in terms of cargo tonnes carried.
Decrease in scheduled traffic was 20.9%. Cargo traffic decreased by 23.2% in
Asian traffic, by 20.0% in European traffic and increased by 0.9% in
North-Atlantic traffic.
Cargo traffic carried on chartered cargo flights decreased by 47.7%. The cargo
load factor in the Asian traffic was 52.1% and in the North Atlantic traffic
60.7%.
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| | Jan09 | %-CHANG | Jan09-Jan0 | %- |
| | | E | 9 | CHANGE |
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| TOTAL TRAFFIC | | | | |
--------------------------------------------------------------------------------
| Passengers 1000 | 624,6 | -1,0 | 624,6 | -1,0 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 2 516,4 | 0,3 | 2 516,4 | 0,3 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 1 956,5 | 6,3 | 1 956,5 | 6,3 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 77,8 | 4,4 p | 77,8 | 4,4 p |
--------------------------------------------------------------------------------
| Cargo tonnes toatal | 6 355,1 | -20,7 | 6 355,1 | -20,7 |
--------------------------------------------------------------------------------
| Available tonne-kilometres | 378,4 | 0,0 | 378,4 | 0,0 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue tonne-kilometres mill | 210,5 | 0,4 | 210,5 | 0,4 |
--------------------------------------------------------------------------------
| Overall load factor % | 55,6 | 0,2 p | 55,6 | 0,2 p |
--------------------------------------------------------------------------------
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| SCHEDULED TOTAL | | | | |
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| Passengers 1000 | 505,0 | -3,4 | 505,0 | -3,4 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 1 788,4 | -5,2 | 1 788,4 | -5,2 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 1 275,6 | 1,8 | 1 275,6 | 1,8 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 71,3 | 4,9 p | 71,3 | 4,9 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EUROPE | | | | |
--------------------------------------------------------------------------------
| Passengers 1000 | 263,9 | -3,4 | 263,9 | -3,4 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 621,3 | -3,6 | 621,3 | -3,6 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 361,9 | 0,5 | 361,9 | 0,5 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 58,2 | 2,3 p | 58,2 | 2,3 p |
--------------------------------------------------------------------------------
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| NORTH ATLANTIC | | | | |
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| Passengers 1000 | 12,0 | 21,9 | 12,0 | 21,9 |
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| Available seat-kilometres | 96,8 | 18,2 | 96,8 | 18,2 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 79,3 | 21,9 | 79,3 | 21,9 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 81,9 | 2,5 p | 81,9 | 2,5 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| ASIA | | | | |
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| Passengers 1000 | 106,1 | 2,6 | 106,1 | 2,6 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 941,7 | -7,8 | 941,7 | -7,8 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 765,7 | 1,9 | 765,7 | 1,9 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 81,3 | 7,8 p | 81,3 | 7,8 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| DOMESTIC | | | | |
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| Passengers 1000 | 123,0 | -9,8 | 123,0 | -9,8 |
--------------------------------------------------------------------------------
| Available seat-kilometres | 128,6 | -6,9 | 128,6 | -6,9 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue pax-kilometres mill | 68,7 | -10,0 | 68,7 | -10,0 |
--------------------------------------------------------------------------------
| Passenger load factor % | 53,4 | -1,9 p | 53,4 | -1,9 p |
--------------------------------------------------------------------------------
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| LEISURE TRAFFIC | | | | |
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| Passengers 1000 | 119,6 | 11,0 | 119,6 | 11,0 |
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| Available seat-kilometres | 728,0 | 16,7 | 728,0 | 16,7 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 680,9 | 15,7 | 680,9 | 15,7 |
| mill | | | | |
--------------------------------------------------------------------------------
| Passenger load factor % | 93,5 | -0,8 p | 93,5 | -0,8 p |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CARGO TRAFFIC | | | | |
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| Cargo scheduled traffic total | 6 083,8 | -20,9 | 6 083,8 | -20,9 |
| tonnes | | | | |
--------------------------------------------------------------------------------
| Europe tonnes | 1 457,4 | -20,0 | 1 457,4 | -20,0 |
--------------------------------------------------------------------------------
| North Atlantic tonnes | 524,2 | 0,9 | 524,2 | 0,9 |
--------------------------------------------------------------------------------
| Asia tonnes | 3 879,7 | -23,2 | 3 879,7 | -23,2 |
--------------------------------------------------------------------------------
| Domestic tonnes | 222,5 | -25,0 | 222,5 | -25,0 |
--------------------------------------------------------------------------------
| Cargo leisure traffic tonnes | 116,7 | 262,8 | 116,7 | 262,8 |
--------------------------------------------------------------------------------
| Scheduled cargo charter | 154,6 | -47,7 | 154,6 | -47,7 |
| tonnes | | | | |
--------------------------------------------------------------------------------
| Cargo tonnes total | 6 355,1 | -20,7 | 6 355,1 | -20,7 |
--------------------------------------------------------------------------------
| Available tonne-kilometres* | 80,8 | -1,4 | 80,8 | -1,4 |
| mill | | | | |
--------------------------------------------------------------------------------
| Revenue tonne-kilometres mill | 35,1 | -21,4 | 35,1 | -21,4 |
--------------------------------------------------------------------------------
| Cargo load factor* % | 43,4 | -11,1 p | 43,4 | -11,1 p |
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p= percentage points
Definitions to the terms used:
Change % refers to the change of the figures of the previous year
Revenue passenger kilometres: Number of revenue passengers carried,multiplied by
kilometres flown.
Available passenger kilometres: Total number of seats available, multiplied by
the number of kilometres flown.
Available tonne kilometres: Number of tonnes of capacity for carriage of
passengers, cargo and mail, multiplies by kilometres flown.
Cabin factor: Share of revenue passenger kilometres of available passenger
kilometres.
Overall load factor: Share of revenue tonne kilometres of available tonne
kilometres.
Next release on traffic statistics will be released on March 9, 2009.
Finnair Oyj
Communications
February 9, 2009
Taneli Hassinen
VP Financial Communications and Investor Relations
Tel. +358 9 818 4976
For further information please contact:
Mr. Lasse Heinonen. SVP & CFO. tel. +358 9 818 4950
Mr. Christer Haglund. SVP Corporate Communications. tel. +358 9 818 4007
Mr. Taneli Hassinen. VP Financial Communications and Investor Relations. tel.
+358 9 818 4976
Mr. Petteri Kostermaa. VP Traffic Planning. tel. +358 9 818 8504
Mr. Timo Riihimäki. Vice President. Cargo. tel. +358 9 818 5487