2009-05-07 08:00:00 CEST
2009-05-07 08:00:26 CEST
REGULATED INFORMATION
Finnair Oyj - Company Announcement
FALL IN DEMAND CONTINUES, WEAKENING OF PRICE LEVEL GATHERS PACE
In April, Finnair's scheduled passenger traffic declined by 5.7 per cent from the previous year. At the same time, capacity was cut by 9.4 per cent, which improved passenger load factor by 2.8 percentage points to 71.2 per cent. Demand has fallen in all types of traffic, and particularly in domestic traffic, where flying has declined by nearly one fifth. In Asian traffic, capacity has been cut by nearly seven per cent and in European traffic by around 12 per cent. “Through capacity cuts we have maintained load factors at a reasonable level. The problem, however, is an acceleration of the fall in average prices, resulting from a sharp reduction in business travel,” says Finnair's SVP Communications Christer Haglund. Finnair's leisure traffic grew in April by 24.3 per cent compared with April last year. Capacity increased by a similar figure. The reason for the substantial growth was the continuation of traffic to Thailand for longer than last year. Leisure traffic growth of similar magnitude in May is not expected. In April Finnair's cargo traffic declined by 23.2 per cent. Cargo demand was directed for the most part at long-haul flights. Of Finnair's flights, 89.6 per cent arrived on schedule, which represents an improvement of 6.4 percentage points from last year. The scheduled passenger traffic punctuality percentage rose from April last year by 6.2 percentage points to 91.2 per cent. Finnair traffic Finnair traffic altogether decreased by 0.4%, measured in revenue passenger kilometres. Capacity decreased by 4.0%. Passenger load factor was 2.6 percentage points higher than year before, 72.4%. Number of passengers carried decreased by 7.3% and was 617 132. Scheduled traffic Scheduled traffic decreased by 5.7%, measured in revenue passenger kilometres. Capacity decreased by 9.4%. Passenger load factor was 2.8 percentage points higher than year before, 71.2%. Number of passengers carried decreased by 10.7% and was 529 951. Scheduled international traffic, decreased by 4.9%, measured in revenue passenger kilometres. Capacity decreased by 8.6%. Passenger load factor was 2.7 percentage points higher than year before, 71.8%. Number of passengers carried decreased by 8.5% and was 397 494. European scheduled traffic, decreased by 5.8%, measured in revenue passenger kilometres. Capacity decreased by 11.8%. Passenger load factor was 4.3 percentage points higher than year before, 67.1%. Number of passengers carried decreased by 9.9% and was 301 012. North Atlantic scheduled traffic decreased by 3.0%, measured in revenue passenger kilometres. Capacity increased by 0.5%. Passenger load factor was 2.7 percentage points lower than year before, 73.9%. Number of passengers carried decreased by 3.0% and was 10 892. Asian scheduled traffic decreased by 4.5%, measured in revenue passenger kilometres. Capacity decreased by 6.9%. Passenger load factor was 1.8 percentage points higher than year before, 75.3%. Number of passengers carried decreased by 4.1% and was 85 590. Domestic scheduled traffic decreased by -16.3%, measured in revenue passenger kilometres. Capacity decreased by -19.4%. Passenger load factor was 2.3 percentage points lower than year before, 62.5%. Number of passengers carried decreased by -16.7% and was 132 457. Leisure traffic Leisure traffic increased by 24.3%, measured in revenue passenger kilometres. Capacity increased by 24.7%. Passenger load factor was 0.2 percentage points lower than year before, 77.4%. Number of passengers carried increased by 20.1% and was 87 181. Cargo Cargo traffic decreased by 23.2% in terms of cargo tonnes carried. Decrease in scheduled traffic was 22.2%. Cargo traffic decreased by 22.5% in Asian traffic, by 19.2% in European traffic and decreased by 27.3% in North-Atlantic traffic. Cargo traffic carried on chartered cargo flights decreased by 66.8%. The cargo load factor in the Far Eastern traffic was 67.9% and in the North Atlantic traffic 58.9%. -------------------------------------------------------------------------------- | | Apr09 | %-CHANG | Jan09-Apr0 | %- | | | | E | 9 | CHANGE | -------------------------------------------------------------------------------- | TOTAL TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 617,1 | -7,3 | 2 507,2 | -6,8 | -------------------------------------------------------------------------------- | Available seat-kilometres | 2 124,4 | -4,0 | 9 533,2 | -2,0 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 538,8 | -0,4 | 7 163,1 | -0,1 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 72,4 | 2,6 p | 75,1 | 1,4 p | -------------------------------------------------------------------------------- | Cargo tonnes toatal | 6 783,0 | -23,2 | 27 011,2 | -20,6 | -------------------------------------------------------------------------------- | Available tonne-kilometres | 318,6 | -6,3 | 1 423,5 | -2,5 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 175,7 | -6,6 | 791,7 | -5,2 | -------------------------------------------------------------------------------- | Overall load factor % | 55,1 | -0,2 p | 55,6 | -1,6 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | SCHEDULED TOTAL | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 530,0 | -10,7 | 2 058,8 | -9,4 | -------------------------------------------------------------------------------- | Available seat-kilometres | 1 686,5 | -9,4 | 6 953,9 | -6,9 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 200,0 | -5,7 | 4 861,0 | -5,1 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 71,2 | 2,8 p | 69,9 | 1,3 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | EUROPE | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 301,0 | -9,9 | 1 090,9 | -10,2 | -------------------------------------------------------------------------------- | Available seat-kilometres | 645,1 | -11,8 | 2 466,5 | -7,8 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 432,9 | -5,8 | 1 520,7 | -7,6 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 67,1 | 4,3 p | 61,7 | 0,1 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | NORTH ATLANTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 10,9 | -3,0 | 42,6 | 8,1 | -------------------------------------------------------------------------------- | Available seat-kilometres | 97,3 | 0,5 | 361,7 | 11,0 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 71,9 | -3,0 | 281,3 | 8,1 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 73,9 | -2,7 p | 77,8 | -2,1 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | ASIA | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 85,6 | -4,1 | 380,8 | -3,3 | -------------------------------------------------------------------------------- | Available seat-kilometres | 821,1 | -6,9 | 3 589,0 | -6,9 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 618,4 | -4,5 | 2 743,9 | -3,7 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 75,3 | 1,8 p | 76,5 | 2,5 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | DOMESTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 132,5 | -16,7 | 544,5 | -12,8 | -------------------------------------------------------------------------------- | Available seat-kilometres | 123,0 | -19,4 | 536,6 | -12,0 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue pax-kilometres mill | 76,9 | -16,3 | 315,2 | -14,5 | -------------------------------------------------------------------------------- | Passenger load factor % | 62,5 | 2,3 p | 58,7 | -1,7 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | LEISURE TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 87,2 | 20,1 | 448,3 | 7,6 | -------------------------------------------------------------------------------- | Available seat-kilometres | 437,9 | 24,7 | 2 579,3 | 14,0 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 338,8 | 24,3 | 2 302,1 | 12,4 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 77,4 | -0,2 p | 89,3 | -1,2 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | CARGO TRAFFIC | | | | | -------------------------------------------------------------------------------- | Cargo scheduled traffic total | 6 573,7 | -22,2 | 26 064,8 | -20,0 | | tonnes | | | | | -------------------------------------------------------------------------------- | Europe tonnes | 1 478,4 | -19,2 | 5 998,2 | -16,6 | -------------------------------------------------------------------------------- | North Atlantic tonnes | 468,2 | -27,3 | 1 964,2 | -11,0 | -------------------------------------------------------------------------------- | Asia tonnes | 4 410,6 | -22,5 | 17 121,7 | -22,7 | -------------------------------------------------------------------------------- | Domestic tonnes | 216,5 | -23,9 | 980,8 | -4,9 | -------------------------------------------------------------------------------- | Cargo leisure traffic tonnes | 90,6 | 213,3 | 433,2 | 218,5 | -------------------------------------------------------------------------------- | Scheduled cargo charter | 118,7 | -66,8 | 513,2 | -59,8 | | tonnes | | | | | -------------------------------------------------------------------------------- | Cargo tonnes total | 6 783,0 | -23,2 | 27 011,2 | -20,6 | -------------------------------------------------------------------------------- | Available tonne-kilometres* | 66,8 | -8,1 | 301,6 | -4,1 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 37,9 | -23,9 | 149,8 | -22,1 | -------------------------------------------------------------------------------- | Cargo load factor* % | 56,8 | -11,8 p | 49,7 | -11,5 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 June 9, 2009. Finnair Oyj Communications May 07, 2009 Taneli Hassinen Director, 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
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