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Press Release
7 Oct 2009
Finnair Plc Press release Finnair's cargo traffic reaches bottom
Finnair's cargo traffic grew in September by more than one per cent compared
with the previous September. The amount of cargo carried fell by one per cent,
but in Asian traffic the amount of cargo grew by two per cent.
In terms of cargo, it seems that the bottom has been reached. As far as
passenger traffic is concerned, this can't yet be said. Scheduled passenger
traffic's unit revenues in passenger kilometres declined in the third quarter by
12 per cent, says Finnair's SVP Communications Christer Haglund.
In September, Finnair's scheduled passenger traffic declined by nearly 11 per
cent compared with the previous year. Capacity was cut correspondingly, so the
load factor remained at the previous year's level of more than 76 per cent.
Asian traffic declined by nearly 12 per cent and capacity was cut
correspondingly. The load factor remained at the previous year's level of nearly
85 per cent.
North American traffic grew by nearly ten per cent. Capacity expanded by 15 per
cent, due to an increased flight frequency to New York, so the load factor fell
four percentage points to nearly 80 per cent.
European traffic declined by 12 per cent and capacity by the same amount, so
load factor remained at nearly 68 per cent. Domestic traffic was down by 13 per
cent, with capacity cut by nearly ten per cent, resulting in a load factor that
was more than eight percentage points lower at nearly 59 per cent.
Leisure traffic fell by nearly 30 per cent from the previous year and capacity
contracted by more than 22 per cent, which reduced the load factor by more than
eight percentage points to less than 78 per cent.
In leisure traffic demand is expected to fall further, so we will cut capacity
to match demand, says Haglund.
Of Finnair's flights, 91 per cent arrived on schedule in September, which
represents an improvement of seven and a half percentage points from last year.
Scheduled traffic's punctuality percentage rose from September last year by more
than seven percentage points to 92 per cent.
TRAFFIC PERFORMANCE SEPTEMBER 2009, FINANCIAL YEAR 2009
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| | SEP | %-CHANGE | JAN2009-SE | %- |
| | 2009 | | P2009 | CHANGE |
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| TOTAL TRAFFIC | | | | |
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| Passengers 1000 | 641,6 | -13,9 | 5 689,6 | -8,9 |
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| Available seat-kilometres mill | 2 087,2 | -12,2 | 20 018,2 | -7,8 |
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| Revenue passenger kilometres | 1 599,0 | -13,7 | 15 189,0 | -6,4 |
| mill | | | | |
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| Passenger load factor % | 76,6 | -1,3 p | 75,9 | 1,1 p |
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| Cargo tonnes total | 8 561,0 | -1,0 | 64 608,4 | -17,4 |
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| Available tonne-kilometres mill | 310,6 | -17,2 | 3 000,3 | -10,6 |
--------------------------------------------------------------------------------
| Revenue tonne-kilometres mill | 192,8 | -10,3 | 1 727,9 | -9,1 |
--------------------------------------------------------------------------------
| Overall load factor % | 62,1 | 4,8 p | 57,6 | 1,0 p |
--------------------------------------------------------------------------------
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| SCHEDULED TOTAL | | | | |
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| Passengers 1000 | 570,2 | -10,9 | 4 824,0 | -8,4 |
--------------------------------------------------------------------------------
| Available seat-kilometres mill | 1 817,8 | -10,5 | 15 929,4 | -9,4 |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 1 389,7 | -10,6 | 11 637,3 | -7,5 |
| mill | | | | |
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| Passenger load factor % | 76,4 | -0,1 p | 73,1 | 1,6 p |
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| EUROPE | | | | |
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| Passengers 1000 | 333,7 | -11,1 | 2 830,0 | -8,3 |
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| Available seat-kilometres mill | 674,8 | -12,0 | 5 885,6 | -8,2 |
--------------------------------------------------------------------------------
| Revenue passenger kilometres | 456,0 | -11,7 | 3 934,9 | -7,6 |
| mill | | | | |
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| Passenger load factor % | 67,6 | 0,2 p | 66,9 | 0,4 p |
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| NORTH ATLANTIC | | | | |
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| Passengers 1000 | 15,5 | 9,7 | 129,3 | 13,5 |
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| Available seat-kilometres mill | 128,8 | 15,3 | 1 030,9 | 15,1 |
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| Revenue passenger kilometres | 102,6 | 9,7 | 853,6 | 13,5 |
| mill | | | | |
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| Passenger load factor % | 79,6 | -4,1 p | 82,8 | -1,2 p |
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| ASIA | | | | |
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| Passengers 1000 | 105,3 | -14,0 | 866,4 | -10,2 |
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| Available seat-kilometres mill | 912,5 | -12,2 | 8 092,9 | -12,3 |
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| Revenue passenger kilometres | 771,7 | -11,9 | 6 302,9 | -9,2 |
| mill | | | | |
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| Passenger load factor % | 84,6 | 0,3 p | 77,9 | 2,7 p |
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| DOMESTIC | | | | |
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| Passengers 1000 | 115,7 | -9,9 | 998,2 | -9,3 |
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| Available seat-kilometres mill | 101,7 | -9,9 | 920,0 | -12,8 |
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| Revenue pax-kilometres mill | 59,4 | -13,4 | 545,8 | -12,6 |
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| Passenger load factor % | 58,5 | -2,4 p | 59,3 | 0,1 p |
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| LEISURE TRAFFIC | | | | |
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| Passengers 1000 | 71,3 | -32,2 | 865,6 | -11,8 |
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| Available seat-kilometres mill | 269,3 | -22,1 | 4 088,7 | -0,6 |
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| Revenue passenger kilometres | 209,3 | -29,6 | 3 551,7 | -2,6 |
| mill | | | | |
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| Passenger load factor % | 77,7 | -8,3 p | 86,9 | -1,8 p |
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| CARGO TRAFFIC | | | | |
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| Cargo scheduled traffic total | 8 480,9 | 0,1 | 62 741,5 | -17,1 |
| tonnes | | | | |
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| Europe tonnes | 1 753,1 | -1,8 | 13 614,4 | -13,2 |
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| North Atlantic tonnes | 702,4 | -1,7 | 4 671,0 | -15,8 |
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| Asia tonnes | 5 777,8 | 2,0 | 42 399,7 | -18,7 |
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| Domestic tonnes | 247,7 | -19,2 | 2 056,4 | -10,8 |
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| Cargo leisure traffic tonnes | 80,1 | 216,6 | 880,9 | 213,6 |
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| Scheduled cargo charter tonnes | 0,0 | -100,0 | 986,0 | -56,8 |
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| Cargo tonnes total | 8 561,0 | -1,0 | 64 608,4 | -17,4 |
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| Available tonne-kilometres* mill | 67,6 | -15,4 | 645,3 | -11,2 |
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| Revenue tonne-kilometres mill | 49,6 | 1,2 | 367,0 | -18,1 |
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| Cargo load factor* % | 73,3 | 12,0 p | 56,9 | -4,8 p |
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| - North-Atlantic cargo load | 68,2 | -3,5 p | 54,9 | -14,4 p |
| factor* % | | | | |
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| - Asia cargo load factor* % | 83,9 | 15,7 p | 67,6 | -2,9 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 November 9, 2009.
Finnair Oyj
Communications
October 7, 2009
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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