2009-11-09 08:00:00 CET
2009-11-09 08:00:05 CET
REGULATED INFORMATION
Finnair Oyj - Company Announcement
FINNAIR CUTS CAPACITY IN LINE WITH FALLING DEMAND
FINNAIR OYJ STOCK EXCHANGE RELEASE NOVEMBER 9, 2009 AT 09:00 Finnair's scheduled traffic declined in October by nearly 11 per cent and capacity was cut by 12 per cent compared with October last year, which improved the load factor by more than one percentage point to 78 per cent. "Capacity was optimally cut to match falling demand. Winter is expected to continue to be difficult, so further adjustments to traffic will be made. For leisure traffic in particular, the coming winter season will be tough. The decline in cargo traffic, however, currently appears to be over," says Finnair's SVP Communications Christer Haglund. Asian traffic declined by 12 per cent from October the previous year. A more than 13 per cent capacity cut raised the load factor by more than one percentage point to 84 per cent. European traffic declined by nearly 10 per cent. A 12 per cent cut of capacity raised the load factor by two percentage points to more than 70 per cent. In Finland both traffic and capacity were down by more than 12 per cent. The load factor in domestic traffic was less than 60 per cent. North American traffic figures were nearly unchanged from last year: Traffic declined by almost four per cent and capacity was cut by under one per cent. Load factor fell by nearly three percentage points to 89 per cent. Leisure traffic declined in October by nearly 19 per cent and capacity by more than 16 per cent, so the leisure traffic load factor fell by over two percentage points to nearly 82 per cent. Finnair's traffic overall, measured in revenue passenger kilometres, declined by over 12 per cent in October. Passenger numbers fell by slightly less than 12 per cent. The amount of cargo carried in scheduled traffic, measured in tonnes, rose by more than six per cent. Of Finnair's flights, 87.6 per cent arrived on schedule, which represents an improvement of 2.2 percentage points from last year. Scheduled traffic's punctuality percentage rose from October last year by 2.1 percentage points to 89.5 per cent. TRAFFIC PERFORMANCE OCTOBER 2009, FINANCIAL YEAR 2009 -------------------------------------------------------------------------------- | | Oct | %-CHANGE | January-Oc | %-CHANG | | | 2009 | | tober 09 | E | -------------------------------------------------------------------------------- | TOTAL TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 664,3 | -11,6 | 6 353,9 | -9,2 | -------------------------------------------------------------------------------- | Available seat-kilometres mill | 2 181,9 | -12,9 | 22 200,0 | -8,3 | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 717,4 | -12,3 | 16 906,3 | -7,0 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 78,7 | 0,5 p | 76,2 | 1,0 p | -------------------------------------------------------------------------------- | Cargo tonnes total | 9 306,7 | 4,8 | 73 915,2 | -15,1 | -------------------------------------------------------------------------------- | Available tonne-kilometres mill | 322,0 | -17,1 | 3 322,3 | -11,3 | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 207,8 | -8,1 | 1 935,7 | -9,0 | -------------------------------------------------------------------------------- | Overall load factor % | 64,5 | 6,3 p | 58,3 | 1,5 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | SCHEDULED TOTAL | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 568,4 | -9,9 | 5 392,4 | -8,6 | -------------------------------------------------------------------------------- | Available seat-kilometres mill | 1 781,4 | -12,1 | 17 710,9 | -9,7 | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 389,9 | -10,7 | 13 027,2 | -7,8 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 78,0 | 1,3 p | 73,6 | 1,5 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | EUROPE | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 337,3 | -9,1 | 3 167,3 | -8,4 | -------------------------------------------------------------------------------- | Available seat-kilometres mill | 659,1 | -12,2 | 6 544,8 | -8,6 | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 462,6 | -9,5 | 4 397,6 | -7,8 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 70,2 | 2,0 p | 67,2 | 0,6 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | NORTH ATLANTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 15,0 | -3,7 | 144,2 | 11,4 | -------------------------------------------------------------------------------- | Available seat-kilometres mill | 110,9 | -0,7 | 1 141,9 | 13,4 | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 98,7 | -3,7 | 952,4 | 11,4 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 89,0 | -2,8 p | 83,4 | -1,4 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | ASIA | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 107,5 | -13,5 | 973,9 | -10,6 | -------------------------------------------------------------------------------- | Available seat-kilometres mill | 923,8 | -13,3 | 9 016,7 | -12,4 | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 776,5 | -12,1 | 7 079,3 | -9,5 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 84,1 | 1,2 p | 78,5 | 2,5 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | DOMESTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 108,7 | -9,6 | 1 106,9 | -9,4 | -------------------------------------------------------------------------------- | Available seat-kilometres mill | 87,6 | -12,7 | 1 007,6 | -12,8 | -------------------------------------------------------------------------------- | Revenue pax-kilometres mill | 52,1 | -12,6 | 597,9 | -12,6 | -------------------------------------------------------------------------------- | Passenger load factor % | 59,5 | 0,0 p | 59,3 | 0,1 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | LEISURE TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 95,9 | -20,8 | 961,5 | -12,7 | -------------------------------------------------------------------------------- | Available seat-kilometres mill | 400,4 | -16,2 | 4 489,2 | -2,2 | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 327,4 | -18,6 | 3 879,1 | -4,2 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 81,8 | -2,4 p | 86,4 | -1,8 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | CARGO TRAFFIC | | | | | -------------------------------------------------------------------------------- | Cargo scheduled traffic total | 9 211,0 | 6,4 | 71 952,5 | -14,7 | | tonnes | | | | | -------------------------------------------------------------------------------- | Europe tonnes | 1 899,0 | 7,3 | 15 513,4 | -11,1 | -------------------------------------------------------------------------------- | North Atlantic tonnes | 747,5 | -1,4 | 5 418,6 | -14,0 | -------------------------------------------------------------------------------- | Asia tonnes | 6 324,2 | 8,6 | 48 723,9 | -15,9 | -------------------------------------------------------------------------------- | Domestic tonnes | 240,3 | -20,4 | 2 296,6 | -11,9 | -------------------------------------------------------------------------------- | Cargo leisure traffic tonnes | 95,7 | 33,5 | 976,6 | 177,0 | -------------------------------------------------------------------------------- | Scheduled cargo charter tonnes | 0,0 | -100,0 | 986,0 | -59,5 | -------------------------------------------------------------------------------- | Cargo tonnes total | 9 306,7 | 4,8 | 73 915,2 | -15,1 | -------------------------------------------------------------------------------- | Available tonne-kilometres* mill | 70,0 | -14,1 | 715,3 | -11,5 | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 53,9 | 6,5 | 420,9 | -15,6 | -------------------------------------------------------------------------------- | Cargo load factor* % | 77,0 | 14,9 p | 58,8 | -2,9 p | -------------------------------------------------------------------------------- | - North-Atlantic cargo load | 84,3 | 8,2 p | 57,7 | -12,4 p | | factor* % | | | | | -------------------------------------------------------------------------------- | - Asia cargo load factor* % | 90,2 | 20,8 p | 69,9 | -0,5 p | -------------------------------------------------------------------------------- - * 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 December 8, 2009. Finnair Oyj Communications November 9, 2009 Taneli Hassinen VP Financial Communications and Investor Relations Tel. +358 9 818 4976 Additional information: 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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