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2009-03-09 08:00:00 CET 2009-03-09 08:00:04 CET REGULATED INFORMATION Finnair Oyj - Company AnnouncementFINNAIR'S CAPACITY CUTS AND LOW TICKET PRICES SAVED FEBRUARY LOAD FACTORSFINNAIR OYJ STOCK EXCHANGE RELEASE 9 MARCH 2009 AT 09:00 Finnair's Scheduled Traffic load factor rose in February by 2.4 percentage points to 70.2 per cent. The rise in passenger load factor was due to cuts in capacity. “At the beginning of February, traffic growth figures were still fairly strong, but they weakened towards the end of the month. The weakening of demand was partly due to the pilots' threatened strike scheduled for the last week of February. The average price was clearly below last year's level, because business travel continues to fall,” says Finnair SVP Communications Christer Haglund. European traffic capacity was reduced by 12.4 per cent and domestic traffic was cut by 14.9 per cent. Measured in revenue passenger kilometres, European traffic declined in February by 8.2 per cent and domestic traffic by 14.4 per cent. In Asian traffic, flights to Guangzhou were discontinued last year and a new route to Seoul opened, resulting in a decline in Asian traffic capacity by 0.1 per cent. Asian traffic growth was 4.4 per cent, however, which improved the Asian traffic passenger load factor. In North American traffic, an increase in flights to New York raised capacity by 29.4 per cent. North American traffic grew by 32.7 per cent. Leisure Traffic growth continued. In February traffic grew 10.2 per cent, capacity increased by 11.0 per cent and load factor was 94.3 per cent. Leisure Traffic growth comes mainly from flights by an Airbus A330 aircraft, leased for the winter season from Air Europa. Cargo Traffic, on the other hand, continues to decline. The amount of cargo carried fell by 21 per cent. In North American traffic, the amount of cargo grew by nine per cent as a result of an increase in flights on the New York route. Of Finnair's flights, 84.3 per cent arrived on schedule, which represents an improvement of 18.8 percentage points from last year. The scheduled passenger traffic punctuality percentage rose from February last year by 18.8 percentage points to 87.5 per cent. Finnair traffic Finnair traffic altogether increased by 2.5%, measured in revenue passenger kilometres. Capacity decreased by 0.7%. Passenger load factor was 2.4 percentage points higher than year before, 77.2%. Number of passengers carried decreased by 7.9% and was 597 029. Scheduled traffic Scheduled traffic decreased by 1.3%, measured in revenue passenger kilometres. Capacity decreased by 4.8%. Passenger load factor was 2.4 percentage points higher than year before, 70.2%. Number of passengers carried decreased by 10.6% and was 479 545. Scheduled international traffic remained the same, measured in revenue passenger kilometres. Capacity decreased by 3.8%. Passenger load factor was 2.7 percentage points higher than year before, 71.2%. Number of passengers carried decreased by 8.1% and was 352 978. European scheduled traffic, decreased by 11.8%, measured in revenue passenger kilometres. Capacity decreased by 12.4%. Passenger load factor was 0.4 percentage points higher than year before, 60.6%. Number of passengers carried decreased by 13.4% and was 245 631. North Atlantic scheduled traffic increased by 32.7%, measured in revenue passenger kilometres. Capacity increased by 29.4%. Passenger load factor was 1.9 percentage points higher than year before, 78.0%. Number of passengers carried increased by 32.7% and was 9 681. Asian scheduled traffic increased by 4.4%, measured in revenue passenger kilometres. Capacity decreased by 0.1%. Passenger load factor was 3.3 percentage points lower than year before, 77.1%. Number of passengers carried increased by 4.8% and was 97 666. Domestic scheduled traffic decreased by 17.7%, measured in revenue passenger kilometres. Capacity decreased by 14.9%. Passenger load factor was 2.0 percentage points lower than year before, 58.1%. Number of passengers carried decreased by 16.9% and was 126 567. Leisure traffic Leisure traffic increased by 10.2%, measured in revenue passenger kilometres. Capacity increased by 11.0%. Passenger load factor was 0.7 percentage points lower than year before, 94.3%. Number of passengers carried increased by 5.3% and was 117 484. Cargo Cargo traffic decreased by 21.0% in terms of cargo tonnes carried. Decrease in scheduled traffic was 20.0%. Cargo traffic decreased by 23.3% in Asian traffic, by 20.3% in European traffic and increased by 9.0% in North-Atlantic traffic. Cargo traffic carried on chartered cargo flights decreased by 69.8%. The cargo load factor in the Far Eastern traffic was 55.5% and in the North Atlantic traffic 69.3%. -------------------------------------------------------------------------------- | | Feb09 | %-CHANG | Jan09-Feb0 | %- | | | | E | 9 | CHANGE | -------------------------------------------------------------------------------- | TOTAL TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 597,0 | -7,9 | 1 221,6 | -4,5 | -------------------------------------------------------------------------------- | Available seat-kilometres | 2 356,3 | -0,7 | 4 872,6 | -0,2 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 818,0 | 2,5 | 3 774,5 | 4,4 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 77,2 | 2,4 p | 77,5 | 3,4 p | -------------------------------------------------------------------------------- | Cargo tonnes toatal | 6 311,5 | -21,0 | 12 666,6 | -20,9 | -------------------------------------------------------------------------------- | Available tonne-kilometres | 353,0 | 1,4 | 731,4 | 0,6 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 198,2 | -2,8 | 408,7 | -1,2 | -------------------------------------------------------------------------------- | Overall load factor % | 56,1 | -2,4 p | 55,9 | -1,0 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | SCHEDULED TOTAL | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 479,5 | -10,6 | 984,6 | -7,0 | -------------------------------------------------------------------------------- | Available seat-kilometres | 1 677,5 | -4,8 | 3 465,9 | -5,0 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 1 178,1 | -1,3 | 2 453,7 | 0,3 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 70,2 | 2,4 p | 70,8 | 3,7 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | EUROPE | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 245,6 | -13,4 | 509,5 | -8,5 | -------------------------------------------------------------------------------- | Available seat-kilometres | 558,4 | -12,4 | 1 179,7 | -8,0 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 338,6 | -11,8 | 700,4 | -5,9 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 60,6 | 0,4 p | 59,4 | 1,3 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | NORTH ATLANTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 9,7 | 32,7 | 21,7 | 26,5 | -------------------------------------------------------------------------------- | Available seat-kilometres | 81,9 | 29,4 | 178,7 | 23,1 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 63,9 | 32,7 | 143,2 | 26,5 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 78,0 | 1,9 p | 80,1 | 2,1 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | ASIA | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 97,7 | 4,8 | 203,8 | 3,6 | -------------------------------------------------------------------------------- | Available seat-kilometres | 911,0 | -0,1 | 1 852,8 | -4,2 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 702,4 | 4,4 | 1 468,1 | 3,1 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 77,1 | 3,3 p | 79,2 | 5,6 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | DOMESTIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 126,6 | -16,9 | 249,6 | -13,6 | -------------------------------------------------------------------------------- | Available seat-kilometres | 126,1 | -14,9 | 254,7 | -11,0 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue pax-kilometres mill | 73,3 | -17,7 | 142,0 | -14,2 | -------------------------------------------------------------------------------- | Passenger load factor % | 58,1 | -2,0 p | 55,8 | -2,0 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | LEISURE TRAFFIC | | | | | -------------------------------------------------------------------------------- | Passengers 1000 | 117,5 | 5,3 | 237,1 | 8,1 | -------------------------------------------------------------------------------- | Available seat-kilometres | 678,8 | 11,0 | 1 406,8 | 13,9 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue passenger kilometres | 639,9 | 10,2 | 1 320,8 | 13,0 | | mill | | | | | -------------------------------------------------------------------------------- | Passenger load factor % | 94,3 | -0,7 p | 93,9 | -0,8 p | -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- | CARGO TRAFFIC | | | | | -------------------------------------------------------------------------------- | Cargo scheduled traffic total | 6 107,9 | -20,0 | 12 191,7 | -20,5 | | tonnes | | | | | -------------------------------------------------------------------------------- | Europe tonnes | 1 362,5 | -20,3 | 2 819,9 | -20,1 | -------------------------------------------------------------------------------- | North Atlantic tonnes | 506,8 | 9,0 | 1 031,0 | 4,7 | -------------------------------------------------------------------------------- | Asia tonnes | 4 001,5 | -23,3 | 7 881,2 | -23,2 | -------------------------------------------------------------------------------- | Domestic tonnes | 237,1 | -4,9 | 459,6 | -15,8 | -------------------------------------------------------------------------------- | Cargo leisure traffic tonnes | 109,7 | 176,8 | 226,4 | 215,3 | -------------------------------------------------------------------------------- | Scheduled cargo charter | 93,9 | -69,8 | 248,6 | -59,0 | | tonnes | | | | | -------------------------------------------------------------------------------- | Cargo tonnes total | 6 311,5 | -21,0 | 12 666,6 | -20,9 | -------------------------------------------------------------------------------- | Available tonne-kilometres* | 75,6 | 0,3 | 156,5 | -0,6 | | mill | | | | | -------------------------------------------------------------------------------- | Revenue tonne-kilometres mill | 35,2 | -21,9 | 70,3 | -21,6 | -------------------------------------------------------------------------------- | Cargo load factor* % | 46,5 | -13,2 p | 44,9 | -12,1 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 April 7, 2009. Finnair Oyj Communications March 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. Taneli Hassinen. VP Financial Communications and Investor Relations. tel. +358 9 818 4976 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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