Finnair passenger results

In March, Finnair’s overall capacity measured in Available Seat Kilometres grew by 3.3 percent and traffic measured in Revenue Passenger Kilometres grew by 4.2 percent year‐on‐year. The passenger load factor rose by 0.6%-points to 79.5 percent

The capacity in Asian traffic remained unchanged in March, while traffic increased by 0.1 percent year‐on‐year on the back of slightly higher loads. Meanwhile, capacity in American traffic increased by 21.9 percent due to the Miami route being operated this year, and traffic measured in RPK grew by as much as 30.1 percent.

The capacity in European traffic grew by 2.6 percent, while traffic grew by 3.6 per cent year‐on‐year. At the same time, the capacity in domestic traffic grew by 16.1 percent and traffic by 14.5 percent year‐on‐year, particularly due to the inclusion of the routes previously operated at Norra’s own commercial risk as Finnair’s purchased traffic after the reference period.

In January–March, the passenger unit revenue per available seat kilometre rose by 0.5 percent year‐on‐year and totalled 5.17 euro cents.

“In the first quarter of 2016, the passenger unit revenue improved slightly in our long-haul traffic. Meanwhile, unit revenue developments were slightly negative on our domestic and European routes, where our capacity has increased faster and load developments have been sluggish”, says Finnair CFO Pekka Vähähyyppä.

In March, the cargo capacity in scheduled traffic measured in Available Ton Kilometers grew by 2.5 percent, and Revenue Ton Kilometers increased by 6.1 percent year on year. The cargo load factor in scheduled traffic was 55.5 percent. In addition, Finnair’s total freight capacity includes two weekly freighter flights between Helsinki and Brussels and two weekly freighter flights shared with IAG between Helsinki and London, both operated by DHL.

In March, 88.7 percent of all Finnair flights arrived on schedule (90.3).

Traffic statistics for April 2016 will be published on Monday, 9 May 2016.