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Continued Strong Growth for Finnair's Asian Traffic

Travel News Asia Latest Travel News Tuesday, 11 September 2007

The demand in Finnair's Asian traffic, measured in passenger kilometers, was up 34.9% in August 2007 compared to last year. The passenger load factor rose three percentage points to 82.5%. European traffic grew nearly 30%. Demand in North American scheduled traffic was down by 4.5% and the passenger load factor was 86.6%. Domestic capacity was reduced and the passenger load factor improved. Finnair's entire scheduled traffic increased by 27.1% compared to July last year. The passenger load factor was 77.2%, up 1.7 percentage points. The number of passengers carried was 615,169 up 12.6%.

Finnair leisure traffic decreased by 10.5% from the previous year. As capacity was cut with 1.4%, the passenger load factor was down 7.8 percentage points. Finnair's total capacity and demand increased by 19.8% in July, resulting in a passenger load factor of 77.1%, same as last year. All Finnair Group airlines altogether transported 709,832 passengers, which is 8.6% more than a year ago.

Finnair's Tallinn-based subsidiary Aero AS, carried 23,335 passengers (- 60.8%) on routes between Helsinki and the Baltic capitals and within Southern Finland. Aero figures are included in the Finnair Group's total figures.

Arrival punctuality of scheduled flights was 83.7% (based on a fifteen minute standard), -4.7 points lower than in August 2006. Leisure flights included, arrival punctuality was 82.5% (-4.5 p.p).

Scheduled Traffic

In scheduled traffic (international + domestic) revenue passenger kilometres increased by 27.1%. The change in capacity was 24.4%. The passenger load factor was 77.2%, 1.7 percentage points higher than last year.

In scheduled international traffic, the total number of passengers was up by 23.4%. Capacity in ASKs was 27.4%, while RPKs increased by 29.3%.

In European scheduled traffic, ASKs increased by 28.9%, and as RPKs increased by 29.5%, the passenger load factor was 70.5%, up 0.3 points from the previous year.

In North Atlantic scheduled traffic, capacity increased by 1%. Change in RPKs was - 4.5%, and the passenger load factor for July was 86.6%, 5 points lower than previous year.

In Asian scheduled traffic, the capacity increase was 30.1%. Passenger traffic was up by 34.9%. Passenger load factor was 82.5%, 2.9 percentage points up.

Domestic scheduled traffic decreased by 11.5% on a capacity decrease of 16.6%. The passenger load factor increased by 3.6 percentage points to 61.7%.

Leisure Traffic

ASKs for leisure traffic decreased in July by 1.4%, and RPKs decreased by 10.5%, resulting in a passenger load factor of 76.4%, 7.8 points lower than last year.

Cargo

Cargo traffic increased by 3.9% in terms of cargo tonnes carried. Growth in scheduled traffic was 10.2%. The increase in Asian traffic was 14.5%. The volume in European traffic increased by 8%. In North-Atlantic traffic, cargo volume increased by 1.9%. Cargo traffic carried on chartered cargo flights decreased by 59.8%. The cargo load factor was 34.4%. The cargo load factor in Asian traffic was 38% and in North Atlantic traffic 77.3%.

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