Finnair Oyj - Company Announcement

Traffic Performance December 2011

Finnair Plc Stock Exhange Release 10 January 2012 at 09:00



In 2011, Finnair traffic measured in Revenue Passenger Kilometres rose by
approximately 11.8 per cent as the overall capacity grew by 16.8 per cent
compared with full year 2010. Asian traffic capacity measured in Available Seat
Kilometres grew by 27.8 per cent and traffic measured in Revenue Passenger
Kilometres increased by 17.6 per cent, mainly as a result of the Singapore
route launch in May. 

In December 2010 Finnair traffic performance was affected by a cabin crew
strike that halted the traffic for over a week. 

 “Package tour market in Finland suffered from overcapacity and consequently
the load factor in leisure traffic declined significantly in December year on
year,” says Finnair CFO Erno Hildén. “Global economic uncertainty softened also
the demand in Asian traffic. However, overall load factor for December was flat
compared to December 2010 as the load factors in European and Domestic traffic
improved notably year on year.” 

In December, Revenue per Available Seat Kilometre (RASK) improved by 6.2 per
cent compared with the exceptional corresponding period in 2010. The unit
revenue (RASK) was 5.07 c. 

In leisure traffic the load factor for the full year remained close to flat. In
December, the load factor declined by nearly 4 per cent year on year. The full
year capacity decrease results mainly from the fact that from the beginning of
the summer season, some of the previous leisure flights have been operated as
scheduled services. The overall capacity of these flights has not changed
substantially from last year. 

 In cargo, available tonne kilometres for 2011 grew by 34.5 per cent and
revenue tonne kilometres by 19.9 per cent year on year. The amount of cargo and
mail carried grew by 18.5 per cent. The overall load factor was 64.8 per cent,
declining nearly 8 per cent year on year due to overcapacity in the industry. 

The arrival punctuality of Finnair flights in 2011 improved year on year: 85.1
per cent (80.8 per cent) of all flights arrived on schedule. In scheduled
traffic, 86.4 per cent (82.2 per cent) of flights arrived on schedule. The
arrival punctuality in December was satisfactory: 81.4 per cent (57.6 per cent)
of all flights arrived on schedule. In December 2010 arrival punctuality was
affected by a cabin crew strike. 

Finnair Traffic Performance December 2011



                                      Dec 2011  %-Change  Jan-Dec 2011  %-Change
Total Traffic                                                                   
Passengers 1000                          610,0      43,4       8 013,1      12,3
Available seat kilometres mill         2 405,3      40,1      29 344,7      16,8
Revenue passenger kilometres mill      1 717,3      40,6      21 497,5      11,8
Passenger load factor %                   71,4     0,2 p          73,3    -3,2 p
Cargo tonnes total                    11 902,0      25,3     145 883,1      18,5
Available tonne kilometres mill          379,6      31,6       4 570,6      20,0
Revenue tonne-kilometres mill            227,0      34,2       2 823,5      14,3
Overall load factor %                     59,8     1,2 p          61,8    -3,1 p
Scheduled Total                                                                 
Passengers 1000                          548,4      51,4       7 275,1      16,4
Available seat kilometres mill         1 942,9      50,5      25 808,2      22,7
Revenue passenger kilometres mill      1 355,7      55,3      18 454,7      17,8
Passenger load factor %                   69,8     2,2 p          71,5    -3,0 p
Europe                                                                          
Passengers 1000                          292,6      52,6       4 102,9      14,4
Available seat kilometres mill           600,5      36,9       8 573,6      14,6
Revenue passenger kilometres mill        411,3      58,4       5 739,7      16,2
Passenger load factor %                   68,5     9,3 p          66,9     0,9 p
North Atlantic                                                                  
Passengers 1000                           10,9      41,4         190,6      29,5
Available seat kilometres mill            96,6      54,3       1 564,8      28,8
Revenue passenger kilometres mill         71,9      41,4       1 258,4      29,5
Passenger load factor %                   74,5    -6,8 p          80,4     0,4 p
Asia                                                                            
Passengers 1000                          105,6      53,5       1 437,6      15,7
Available seat kilometres mill         1 129,3      63,7      14 245,5      27,8
Revenue passenger kilometres mill        796,0      56,2      10 685,6      17,6
Passenger load factor %                   70,5    -3,4 p          75,0    -6,5 p
Domestic                                                                        
Passengers 1000                          139,3      48,4       1 543,9      21,2
Available seat kilometres mill           116,5      16,3       1 424,3      20,5
Revenue passenger kilometres mill         76,4      45,0         771,1      15,2
Passenger load factor %                   65,6    13,0 p          54,1    -2,5 p
Leisure Traffic                                                                 
Passengers 1000                           61,6      -2,5         738,0     -16,8
Available seat kilometres mill           462,4       8,8       3 536,5     -13,8
Revenue passenger kilometres mill        361,6       3,6       3 042,8     -14,5
Passenger load factor %                   78,2    -3,9 p          86,0    -0,7 p
Cargo Traffic                                                                   
Cargo scheduled traffic total tonnes   8 424,6      26,7     111 619,6       6,5
Europe tonnes                          1 672,4      30,7      21 964,6       2,5
North Atlantic tonnes                    645,9      17,1       8 199,2      -0,1
Asia tonnes                            5 924,7      27,3      79 180,6       8,6
Domestic tonnes                          181,5       8,9       2 275,2      -0,5
Cargo leisure traffic tonnes              19,5     -33,9         254,4     -77,7
Cargo flights tonnes                   3 457,9      22,7      34 009,0      98,0
Cargo tonnes total                    11 902,0      25,3     145 883,1      18,5
Available tonne kilometres* mill         120,4      27,8       1 384,6      34,5
Revenue tonne kilometres mill             73,1      22,7         897,5      19,9
Cargo load factor* %                      60,7    -2,6 p          64,8    -7,9 p
- North-Atlantic cargo load factor*       83,6    -8,2 p          78,2    -9,6 p
 %                                                                              
- Asia cargo load factor* %               74,4    -8,2 p          77,6   -10,6 p

* Operational calculatory capacity

  -- Change %: Change compared to the figures of the respective periods in the
     previous year
     (p = percentage points)
  -- Available seat kilometres, ASK: Total number of seats available, multiplied
     by the number of kilometres flown
  -- Revenue passenger kilometres, RPK: Number of revenue passengers carried,
     multiplied by kilometres flown
  -- Passenger load factor: Share of revenue passenger kilometres of available
     seat kilometres
     Available tonne kilometres, ATK: Number of tonnes of capacity for carriage
     of passengers, cargo and mail, multiplied by kilometres flown
  -- Revenue tonne kilometres, RTK: Total revenue load consisting of passengers,
     cargo and mail, multiplied by kilometres flown
  -- Overall load factor: Share of revenue tonne kilometres of available tonne
     kilometres

Next release on traffic statistics will be released on 10 February 2012.
Financial statement for the financial year 2011 is released on 9 February 2012.

Finnair Plc.
Communications
10 January 2012



Further information:
www.finnairgroup.com | investor.relations@finnair.com | Tel. + 358 9 818 2780