Finnair Traffic Performance in May 2024 (2024)

Finnair Plc Investor News 6 June 2024 at 9:30 a.m. EEST
Number of passengers increased due to additional capacity whereas PLF declined year-on-year, increase in cargo figures continued
In May, Finnair carried 983,500 passengers. This was 2.4% more than in May 2023.
The overall capacity, measured in Available Seat Kilometres (ASK), increased in May by 6.0% year-on-year as additional narrow-body capacity was deployed by Finnair after the wet lease outs to British Airways ended in March 2024. If wet lease outs are included, capacity increased by 8.0% due to the co-operation with Qantas. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 2.0%. The Passenger Load Factor (PLF) declined by 2.7% points to 71.3%. The distance-based reported traffic figures do not take into account longer routings caused by the airspace closure as they are based on Great-Circle distance in accordance with the industry practice.
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The ASKs in Asian traffic were up by 2.0% year-on-year. The North Atlantic capacity decreased by 4.8%. In European traffic, the ASKs were up by 13.6% as majority of the increase in narrow-body capacity was allocated to Europe. The Middle Eastern capacity declined by 4.7% mainly due to cancelled flights to Israel. The ASKs in domestic traffic increased by 15.9% due to the additional narrow-body capacity.
RPKs increased in Asian traffic by 1.6% year-on-year. They increased by 7.7% in North Atlantic traffic and by 2.3% in European traffic. They decreased by 5.4% in Middle Eastern traffic and by 5.7% in domestic traffic.
In May, the PLF was 70.2% in Asian traffic, 79.1% in North Atlantic traffic, 72.3% in European traffic, 60.8% in Middle Eastern traffic and 61.0% in domestic traffic.
Passenger numbers increased by 0.8% in Asian traffic, by 4.4% in European traffic and by 5.8% in North Atlantic traffic. They decreased by 7.4% in Middle Eastern traffic and by 6.1% in domestic traffic.
The total cargo tonnes increased by 12.7% year-on-year in May due to growth in all traffic areas exclusive of domestic cargo traffic. Revenue cargo tonne kilometres increased by 9.1%.
In May, 77.2% of all Finnair flights arrived on schedule (86.5%). The on-time performance decline was due to the closure of one of the runways at Helsinki Airport for renovation work.

Traffic statistics for June 2024 will be published on Friday 5 July 2024.
+-------------------------+---------+----------+---------+----------+
|Finnair Traffic | | | | |
|Performance May 2024 | | | | |
+-------------------------+---------+----------+---------+----------+
| |Month |% Change|YTD |% Change|
+-------------------------+---------+----------+---------+----------+
|Total traffic | | | | |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000 |983.5 |2.4 |4,432,1 |0.2 |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|3,365.8 |6.0 |15,343,1|4.6 |
|mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger |2,399,5 |2.0 |11,050.4|0.9 |
|kilometres mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor % |71.3 |- 2.7p |72.0 |- 2.6p |
+-------------------------+---------+----------+---------+----------+
|Cargo tonnes total |13,017.6|12.7 |58,983.3|11.6 |
+-------------------------+---------+----------+---------+----------+
|Available tonne |490,3 |6.5 |2,251.4 |6.7 |
|kilometres mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Revenue tonne kilometres |290,0 |3.8 |1,340.7 |3.1 |
|mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|3 582,6 |8.0 |16,383.8|4.9 |
|incl. wet lease out mill| | | | |
+-------------------------+---------+----------+---------+----------+
| | | | | |
+-------------------------+---------+----------+---------+----------+
|Asia | | | | |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000 |102.4 |0.8 |524.5 |- 0.2 |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|1,108.0 |2.0 |5,712.6 |7.9 |
|mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger |777.7 |1.6 |4,081.4 |3.2 |
|kilometres mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor % |70.2 |- 0.3p |71.4 |- 3.3p |
+-------------------------+---------+----------+---------+----------+
| | | | | |
+-------------------------+---------+----------+---------+----------+
|Europe | | | | |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000 |702.7 |4.4 |2,765.3 |2.7 |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|1,549.9 |13.6 |6,049.9 |8.4 |
|mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger |1,121,0 |2.3 |4,428.2 |1.1 |
|kilometres mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %|72.3 |- 7.9p |73.2 |- 5.3p |
+-------------------------+---------+----------+---------+----------+
| | | | | |
+-------------------------+---------+----------+---------+----------+
|North Atlantic | | | | |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000 |39.8 |5.8 |144.4 |- 5.1 |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|383.9 |- 4.8 |1,595.6 |- 9.5 |
|mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger |303.7 |7.7 |1,134.9 |- 2.4 |
|kilometres mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %|79.1 |9.1p |71.1 |5.1p |
+-------------------------+---------+----------+---------+----------+
| | | | | |
+-------------------------+---------+----------+---------+----------+
|Middle East | | | | |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000 |31.3 |- 7.4 |196.2 |- 6.5 |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|233.1 |- 4.7 |1,227.8 |- 6.6 |
|mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger |141.7 |- 5.4 |889.7 |- 4.4 |
|kilometres mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %|60.8 |- 0.5p |72.5 |1.7p |
+-------------------------+---------+----------+---------+----------+
| | | | | |
+-------------------------+---------+----------+---------+----------+
|Domestic | | | | |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000 |107.3 |- 6.1 |801.7 |- 4.7 |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|90.7 |15.9 |757.2 |5.6 |
|mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger |55.4 |- 5.7 |516.2 |- 1.4 |
|kilometres mill | | | | |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %|61.0 |- 13.9p |68.2 |- 4.9p |
+-------------------------+---------+----------+---------+----------+
| | | | | |
+-------------------------+---------+----------+---------+----------+
|Cargo traffic | | | | |
+-------------------------+---------+----------+---------+----------+
|- Europe tonnes |2,978.4 |33.0 |11,460.8|38.2 |
+-------------------------+---------+----------+---------+----------+
|- North Atlantic tonnes |1,610.3 |14.0 |5,904.1 |- 10.9 |
+-------------------------+---------+----------+---------+----------+
|- Middle East tonnes |1,837.5 |16.3 |9,585.3 |6.6 |
+-------------------------+---------+----------+---------+----------+
|- Asia tonnes |6,547.0 |5.0 |31,782.9|11.1 |
+-------------------------+---------+----------+---------+----------+
|- Domestic tonnes |22.9 |- 32.9 |107.2 |- 32.3 |
+-------------------------+---------+----------+---------+----------+
|- Cargo flights tonnes* |21.5 |- 58.1 |142.9 |- 9.5 |
+-------------------------+---------+----------+---------+----------+
|Cargo traffic tonnes |13,017.6|12.7 |58,983.3|11.6 |
|total | | | | |
+-------------------------+---------+----------+---------+----------+
|Revenue cargo tonne |75.4 |9.1 |352.7 |9.6 |
|kilometres mill | | | | |
+-------------------------+---------+----------+---------+----------+
* 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 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.