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Finnair Plc Company Announcement FINNAIR'S SCHEDULED TRAFFIC PICKS UP SLIGHTLY
FINNAIR OYJ STOCK EXCHANGE RELEASE FEBRUARY 9, 2010 AT 09:00
Finnair's scheduled traffic has returned to cautious growth. Growth is
particularly evident in cargo traffic, but a slight pick-up in passenger demand
has also taken place in scheduled traffic.
"Passenger demand in scheduled traffic has risen to a modest extent, but the
average price is still slightly down from last year. Cargo demand is
strengthening, particularly in Asian traffic and the decline in price level has
come to a halt," says Finnair's SVP Communications Christer Haglund.
Passenger demand in Finnair's scheduled flights grew in January by just under
one per cent and capacity was cut by just over three per cent. The passenger
load factor of scheduled flights rose by three percentage points to more than 74
per cent. A total of 0.5 million passengers travelled on scheduled flights, just
over one per cent fewer than in January last year.
Growth in scheduled traffic is derived mainly from Asian and European traffic.
Measured in passenger kilometres, both grew by two per cent compared with the
previous January. North American traffic declined by four per cent.
The growth in business class demand, which began in December, also continued in
January.
"Growth is coming from markets outside Finland," says Haglund.
Due to changes in network structure, Finnair cut its domestic traffic by 14 per
cent from the previous year, which led to an improvement in load factor by a
couple of percentage points to 55 per cent.
Leisure traffic declined in January by nearly 30 per cent. Load factors,
however, were kept at over 93 per cent due to a capacity cut of nearly a third.
The amount of cargo carried grew by more than 26 per cent compared with the
previous January. Growth is evident particularly in Asian traffic, where the
amount of cargo carried grew by more than 40 per cent.
January's punctuality figures were burdened by exceptionally demanding winter
conditions throughout Europe. Of Finnair's flights, 61 per cent arrived on
schedule in January, which was more than 22 percentage points less than in the
same period last year. The punctuality of traffic overall fell by nearly 21
percentage points and was slightly over 59 per cent.
TRAFFIC PERFORMANCE JANUARY 2010, FINANCIAL YEAR 2010
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| | Jan | %-CHANGE | January-Ja | %-CHANG |
| | 2010 | | nuary 10 | E |
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| TOTAL TRAFFIC | | | | |
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| Passengers 1000 | 581,6 | -6,9 | 581,6 | -6,9 |
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| Available seat-kilometres mill | 2 228,2 | -11,5 | 2 228,2 | -11,5 |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 1 750,7 | -9,4 | 1 750,7 | -9,4 |
| mill | | | | |
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| Passenger load factor % | 78,6 | 1,8 p | 78,6 | 1,8 p |
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| Cargo tonnes total | 7 894,3 | 24,2 | 7 894,3 | 24,2 |
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| Available tonne-kilometres mill | 324,1 | -14,4 | 324,1 | -14,4 |
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| Revenue tonne-kilometres mill | 203,2 | -2,5 | 203,2 | -2,5 |
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| Overall load factor % | 62,7 | 7,6 p | 62,7 | 7,6 p |
--------------------------------------------------------------------------------
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| SCHEDULED TOTAL | | | | |
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| Passengers 1000 | 498,7 | -1,3 | 498,7 | -1,3 |
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| Available seat-kilometres mill | 1 728,3 | -3,4 | 1 728,3 | -3,4 |
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| Revenue passenger kilometres | 1 284,2 | 0,7 | 1 284,2 | 0,7 |
| mill | | | | |
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| Passenger load factor % | 74,3 | 3,0 p | 74,3 | 3,0 p |
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| EUROPE | | | | |
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| Passengers 1000 | 272,0 | 3,1 | 272,0 | 3,1 |
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| Available seat-kilometres mill | 576,3 | -7,2 | 576,3 | -7,2 |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 369,0 | 2,0 | 369,0 | 2,0 |
| mill | | | | |
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| Passenger load factor % | 64,0 | 5,8 p | 64,0 | 5,8 p |
--------------------------------------------------------------------------------
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| NORTH ATLANTIC | | | | |
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| Passengers 1000 | 11,5 | -4,1 | 11,5 | -4,1 |
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| Available seat-kilometres mill | 95,7 | -1,2 | 95,7 | -1,2 |
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| Revenue passenger kilometres | 76,0 | -4,1 | 76,0 | -4,1 |
| mill | | | | |
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| Passenger load factor % | 79,5 | -2,4 p | 79,5 | -2,4 p |
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| ASIA | | | | |
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| Passengers 1000 | 106,8 | 0,6 | 106,8 | 0,6 |
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| Available seat-kilometres mill | 945,7 | 0,4 | 945,7 | 0,4 |
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| Revenue passenger kilometres | 778,3 | 1,6 | 778,3 | 1,6 |
| mill | | | | |
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| Passenger load factor % | 82,3 | 1,0 p | 82,3 | 1,0 p |
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| DOMESTIC | | | | |
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| Passengers 1000 | 108,4 | -11,9 | 108,4 | -11,9 |
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| Available seat-kilometres mill | 110,6 | -14,0 | 110,6 | -14,0 |
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| Revenue pax-kilometres mill | 60,8 | -11,4 | 60,8 | -11,4 |
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| Passenger load factor % | 55,0 | 1,6 p | 55,0 | 1,6 p |
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| LEISURE TRAFFIC | | | | |
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| Passengers 1000 | 82,9 | -30,7 | 82,9 | -30,7 |
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| Available seat-kilometres mill | 499,9 | -31,3 | 499,9 | -31,3 |
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| Revenue passenger kilometres | 466,6 | -29,0 | 466,6 | -29,0 |
| mill | | | | |
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| Passenger load factor % | 93,3 | 3,0 p | 93,3 | 3,0 p |
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| CARGO TRAFFIC | | | | |
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| Cargo scheduled traffic total | 7 681,5 | 26,3 | 7 681,5 | 26,3 |
| tonnes | | | | |
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| Europe tonnes | 1 506,2 | 3,3 | 1 506,2 | 3,3 |
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| North Atlantic tonnes | 545,6 | 4,1 | 545,6 | 4,1 |
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| Asia tonnes | 5 437,4 | 40,2 | 5 437,4 | 40,2 |
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| Domestic tonnes | 192,3 | -13,6 | 192,3 | -13,6 |
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| Cargo leisure traffic tonnes | 212,8 | 82,4 | 212,8 | 82,4 |
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| Scheduled cargo charter tonnes | 0,0 | -100,0 | 0,0 | -100,0 |
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| Cargo tonnes total | 7 894,3 | 24,2 | 7 894,3 | 24,2 |
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| Available tonne-kilometres* mill | 72,0 | -11,0 | 72,0 | -11,0 |
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| Revenue tonne-kilometres mill | 46,2 | 31,7 | 46,2 | 31,7 |
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| Cargo load factor* % | 64,2 | 20,8 p | 64,2 | 20,8 p |
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| - North-Atlantic cargo load | 70,7 | 10,0 p | 70,7 | 10,0 p |
| factor* % | | | | |
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| - Asia cargo load factor* % | 76,3 | 24,2 p | 76,3 | 24,2 p |
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- * Operational calculatory capacity
- p = Percentage points
- Change %: Change compared to 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, 2010.
Finnair Oyj
Communications
February 9, 2010
Taneli Hassinen
VP Financial Communications and Investor Relations
Tel. +358 9 818 4976
Additional information:
Mr. Lasse Heinonen. EVP & 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
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