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Finnair Oyj — Earnings Release 2011
Oct 7, 2011
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Earnings Release
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Monthly traffic performance data - September 2011
Monthly traffic performance data - September 2011
FINNAIR PLC STOCK EXCHANGE RELEASE 7 October 2011 AT 09:00
In September 2011, Finnair traffic measured in Revenue Passenger Kilometres
rose by approximately 12% as the overall capacity grew by 14.7% compared with
September 2010. Finnair's Asian traffic capacity measured in Available Seat
Kilometres grew by 28.2% and traffic measured in Revenue Passenger Kilometres
increased by 19.5%, while the load factor declined by 5.6%.
“In September, the increase in traffic was lower than anticipated and business
travel from Europe has not developed according to our expectations after the
European holiday season. In Asian traffic load factors were lower than before,
which was reflected in unit revenues as well: in the third quarter, revenue per
available seat kilometre decreased by 3.2% compared with 2010. Load factors in
leisure traffic were still lower than what we pursued, even though they
improved slightly from the previous year,” 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 26.1% and traffic by revenue tonne kilometres grew by
11.4% compared with September 2010.
In September, the arrival punctuality of Finnair flights improved in comparison
with the previous year: 90.9% (89.9%) of all flights arrived on schedule. In
scheduled traffic the arrival punctuality was 91.7% (90.5%).
FINNAIR'S TRAFFIC PERFORMANCE September 2011
September %-CHANG January-September %-CHANG
2011 E 2011 E
TOTAL TRAFFIC
Passengers 1000 714,0 9,5 6 099,7 11,3
Available seat kilometres 2 473,1 14,7 22 057,3 15,6
mill
Revenue passenger kilometres 1 808,2 11,9 16 305,3 10,3
mill
Passenger load factor % 73,1 -1,8 p 73,9 -3,5 p
Cargo tonnes total 13 379,3 10,7 107 852,1 20,6
Available tonne kilometres 395,4 17,2 3 419,7 20,1
mill
Revenue tonne-kilometres mill 244,9 11,8 2 125,1 14,0
Overall load factor % 61,9 -3,0 p 62,1 -3,3 p
SCHEDULED TOTAL
Passengers 1000 662,7 12,8 5 538,9 15,4
Available seat kilometres 2 307,4 20,0 19 571,8 21,8
mill
Revenue passenger kilometres 1 670,2 17,0 14 096,4 16,2
mill
Passenger load factor % 72,4 -1,8 p 72,0 -3,5 p
EUROPE
Passengers 1000 379,4 11,0 3 138,6 12,7
Available seat kilometres 774,0 10,0 6 533,7 14,4
mill
Revenue passenger kilometres 521,0 12,6 4 381,1 13,7
mill
Passenger load factor % 67,3 1,6 p 67,1 -0,4 p
NORTH ATLANTIC
Passengers 1000 16,4 23,2 152,4 30,5
Available seat kilometres 138,3 17,6 1 236,9 28,4
mill
Revenue passenger kilometres 108,3 23,1 1 005,9 30,5
mill
Passenger load factor % 78,3 3,5 p 81,3 1,3 p
ASIA
Passengers 1000 130,1 16,4 1 096,0 14,3
Available seat kilometres 1 268,2 28,2 10 722,3 25,7
mill
Revenue passenger kilometres 976,3 19,5 8 132,5 16,1
mill
Passenger load factor % 77,0 -5,6 p 75,8 -6,2 p
FINLAND
Passengers 1000 136,8 13,7 1 151,9 22,8
Available seat kilometres 126,8 13,8 1 078,9 25,4
mill
Revenue passenger kilometres 64,6 8,1 576,9 14,7
mill
Passenger load factor % 51,0 -2,7 p 53,5 -5,0 p
LEISURE TRAFFIC
Passengers 1000 51,3 -21,1 560,8 -17,4
Available seat kilometres 165,7 -29,4 2 485,6 -17,5
mill
Revenue passenger kilometres 138,1 -26,9 2 208,9 -16,6
mill
Passenger load factor % 83,3 2,8 p 88,9 1,0 p
CARGO TRAFFIC
Cargo scheduled traffic total 9 668,5 -0,2 84 779,4 7,1
tonnes
Europe tonnes 1 870,7 -5,4 16 632,0 3,8
North Atlantic tonnes 672,4 -11,9 6 210,3 -0,2
Asia tonnes 6 925,9 2,9 60 247,0 9,1
Domestic tonnes 199,5 -8,5 1 690,2 -1,1
Cargo leisure traffic tonnes 0,0 -100,0 214,9 -79,3
Cargo flights tonnes 3 710,8 59,2 22 857,8 148,4
Cargo tonnes total 13 379,3 10,7 107 852,1 20,6
Available tonne kilometres* 125,4 26,1 1 022,2 38,8
mill
Revenue tonne kilometres mill 82,9 11,4 664,4 22,9
Cargo load factor* % 66,2 -8,7 p 65,0 -8,4 p
- North-Atlantic cargo load 75,9 -13,1 p 77,9 -7,8 p
factor* %
- Asia cargo load factor* % 76,8 -14,7 p 78,1 -9,6 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 8 November 2011.
Finnair Plc
Communications
7 October 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