2009-06-09 08:00:00 CEST
2009-06-09 08:00:22 CEST
REGULATED INFORMATION
Finnair Oyj - Company Announcement
DECLINE IN TRAFFIC CONTINUES, CAPACITY CUTS TRACK FALL IN DEMAND
FINNAIR OYJ STOCK EXCHANGE RELEASE 9 JUNE 2009 AT 09:00 In May Finnair's traffic declined by 11 per cent from the previous year. Scheduled traffic in May was 9.8 per cent lower than in 2008. Asian traffic declined by 10.8 per cent and North American traffic by 7.0 per cent. European traffic was 8.0 per cent lower and domestic traffic 13.9 per cent lower. In Cargo the fall in demand was sharper than in recent months and in May cargo volume declined by 28 per cent. Due to the fall in demand, Finnair has cut its capacity significantly in all types of traffic. Capacity has been cut in domestic traffic by more than a quarter, in leisure traffic by a fifth and in Asian traffic by more than 17 per cent. Owing to the capacity cuts, passenger load factors improved from last year, but are still below the long-term average. “We have succeeded in adjusting capacity better than last year. There is still space on aircraft, however, and flight ticket prices are low. Unit revenue for scheduled passenger traffic has continued to fall steeply throughout the early part of the year,” says Finnair SVP Communications Christer Haglund. Leisure traffic volume declined as expected from the previous month and was 16.8 per cent lower in May. In April, leisure traffic grew due to the Thailand season continuing for longer than the previous year. Of Finnair's flights, 92.2 per cent arrived on schedule, which represents an improvement of 7.2 percentage points from last year. The scheduled passenger traffic punctuality percentage rose from April last year by 6.8 percentage points to 93.4 per cent. Finnair traffic Finnair traffic altogether decreased by 11.0%, measured in revenue passenger kilometres. Capacity decreased by 16.3%. Passenger load factor was 4.2 percentage points higher than year before, 69.1%. Number of passengers carried decreased by 11.3% and was 571 374. Scheduled traffic Scheduled traffic decreased by 9.8%, measured in revenue passenger kilometres. Capacity decreased by 15.7%. Passenger load factor was 4.4 percentage points higher than year before, 66.8%. Number of passengers carried decreased by 10.2% and was 498 249. Scheduled international traffic, decreased by 9.6%, measured in revenue passenger kilometres. Capacity decreased by 15.0%. Passenger load factor was 4.0 percentage points higher than year before, 67.2%. Number of passengers carried decreased by 10.0% and was 401 159. European scheduled traffic, decreased by 8.0%, measured in revenue passenger kilometres. Capacity decreased by 13.1%. Passenger load factor was 3.6 percentage points higher than year before, 65.3%. Number of passengers carried decreased by 9.6% and was 311 782. North Atlantic scheduled traffic decreased by 9.1%, measured in revenue passenger kilometres. Capacity decreased by 7.0%. Passenger load factor was 1.7 percentage points lower than year before, 76.5%. Number of passengers carried decreased by 9.1% and was 12 433. Asian scheduled traffic decreased by 10.8%, measured in revenue passenger kilometres. Capacity decreased by 17.4%. Passenger load factor was 4.9 percentage points higher than year before, 67.5%. Number of passengers carried decreased by 12.0% and was 76 944. Domestic scheduled traffic decreased by 13.9%, measured in revenue passenger kilometres. Capacity decreased by 27.7%. Passenger load factor was 9.5 percentage points higher than year before, 59.1%. Number of passengers carried decreased by 10.9% and was 97 090. Leisure traffic Leisure traffic decreased by 16.8%, measured in revenue passenger kilometres. Capacity decreased by 20.4%. Passenger load factor was 3.6 percentage points higher than year before, 84.7%. Number of passengers carried decreased by 18.1% and was 73 125. Cargo Cargo traffic decreased by 28.0% in terms of cargo tonnes carried. Decrease in scheduled traffic was 27.1%. Cargo traffic decreased by 28.5% in Asian traffic, decreases by 23.0% in European traffic and decreased by 28.3% in North-Atlantic traffic. Cargo traffic carried on chartered cargo flights decreased by 60.7%. The cargo load factor in the Far Eastern traffic was 64.4% and in the North Atlantic traffic 57.7%. -------------------------------------------------------------------------------- | | May09 | %-CHANG | Jan09-May0 | %- | | | | E | 9 | CHANGE | -------------------------------------------------------------------------------- | TOTAL TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 571,4 | -11,3 | 3 078,6 | -7,6 | -------------------------------------------------------------------------------- | Available seat-kilometres | 1 935,5 | -16,3 | 11 468,7 | -4,8 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 338,4 | -11,0 | 8 501,5 | -2,0 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 69,1 | 4,2 p | 74,1 | 2,1 p | -------------------------------------------------------------------------------- | Cargo tonnes total | 6 481,6 | -28,0 | 33 492,8 | -22,1 | -------------------------------------------------------------------------------- | Available tonne-kilometres | 296,0 | -19,6 | 1 719,5 | -5,9 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 156,5 | -15,7 | 948,2 | -7,1 | -------------------------------------------------------------------------------- | Overall load factor % | 52,9 | 2,5 p | 55,1 | -0,7 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | SCHEDULED TOTAL | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 498,2 | -10,2 | 2 557,1 | -9,5 | -------------------------------------------------------------------------------- | Available seat-kilometres | 1 684,3 | -15,7 | 8 638,2 | -8,7 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 125,6 | -9,8 | 5 986,6 | -6,0 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 66,8 | 4,4 p | 69,3 | 2,0 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | EUROPE | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 311,8 | -9,6 | 1 402,7 | -10,0 | -------------------------------------------------------------------------------- | Available seat-kilometres | 663,6 | -13,1 | 3 130,2 | -9,0 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 433,2 | -8,0 | 1 953,8 | -7,7 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 65,3 | 3,6 p | 62,4 | 0,9 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | NORTH ATLANTIC | | | | |-------------------------------------------------------------------------------- | Passengers 1000 | 12,4 | -9,1 | 55,0 | 3,7 | -------------------------------------------------------------------------------- | Available seat-kilometres | 107,3 | -7,0 | 469,1 | 6,3 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 82,1 | -9,1 | 363,4 | 3,7 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 76,5 | -1,7 p | 77,5 | -2,0 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | ASIA | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 76,9 | -12,0 | 457,8 | -4,8 | -------------------------------------------------------------------------------- | Available seat-kilometres | 835,3 | -17,4 | 4 424,3 | -9,1 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 564,3 | -10,8 | 3 308,2 | -5,0 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 67,5 | 4,9 p | 74,8 | 3,2 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | DOMESTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 97,1 | -10,9 | 641,6 | -12,6 | -------------------------------------------------------------------------------- | Available seat-kilometres | 78,0 | -27,7 | 614,6 | -14,4 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue pax-kilometres mill | 46,1 | -13,9 | 361,2 | -14,4 | -------------------------------------------------------------------------------- | Passenger load factor % | 59,1 | 9,5 p | 58,8 | -0,0 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | LEISURE TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 73,1 | -18,1 | 521,5 | 3,1 | -------------------------------------------------------------------------------- | Available seat-kilometres | 251,2 | -20,4 | 2 830,5 | 9,8 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 212,8 | -16,8 | 2 514,9 | 9,2 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 84,7 | 3,6 p | 88,9 | -0,5 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | CARGO TRAFFIC | | | | | -------------------------------------------------------------------------------- | Cargo scheduled traffic total | 6 257,8 | -27,1 | 32 322,7 | -21,5 | | tonnes | | | | | -------------------------------------------------------------------------------- | Europe tonnes | 1 410,2 | -23,0 | 7 408,4 | -17,9 | -------------------------------------------------------------------------------- | North Atlantic tonnes | 495,2 | -28,3 | 2 459,4 | -15,1 | -------------------------------------------------------------------------------- | Asia tonnes | 4 145,6 | -28,5 | 21 267,2 | -23,9 | -------------------------------------------------------------------------------- | Domestic tonnes | 206,8 | -22,0 | 1 187,6 | -8,4 | -------------------------------------------------------------------------------- | Cargo leisure traffic tonnes | 79,3 | 51,9 | 512,5 | 172,3 | -------------------------------------------------------------------------------- | Scheduled cargo charter | 144,5 | -60,7 | 657,6 | -60,0 | | tonnes | | | | | -------------------------------------------------------------------------------- | Cargo tonnes total | 6 481,6 | -28,0 | 33 492,8 | -22,1 | -------------------------------------------------------------------------------- | Available tonne-kilometres* | 63,7 | -21,6 | 365,3 | -7,7 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 36,7 | -28,2 | 186,4 | -23,4 | -------------------------------------------------------------------------------- | Cargo load factor* % | 57,6 | -5,3 p | 51,0 | -10,5 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- p= percentage points Definitions to the terms used: Change % refers to the change of 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 July 7, 2009. Finnair Oyj Communications June 9, 2009 Taneli Hassinen VP Financial Communications and Investor Relations Tel. +358 9 818 4976 For further information please contact: Mr. Christer Haglund. SVP Corporate Communications. tel. +358 9 818 4007 Mr. Petteri Kostermaa. VP Traffic Planning. tel. +358 9 818 8504 Mr. Timo Riihimäki. Vice President. Cargo. tel. +358 9 818 5487
© 2024 Nasdaq, Inc. All Rights Reserved |