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Asian traffic leads Finnair’s growth

Finnair’s Asian traffic, measured in passenger kilometers, grew 20.6% compared to February of the previous year. Number of passengers carried on Finnair’s Asian flights in February was 93 200, which is 17.0% more than a year ago. Additional capacity was directed to the Mumbai and Delhi routes last year. Finnair scheduled traffic altogether increased by 15.2% compared to February last year. Number of passengers carried was 536 368, which is 5.2% more than in February 2007.

Passenger load factor was 67.8%, 3.0 percentage points lower than last year. The passenger load factor in February was affected more strongly by the Chinese New Year than Finnish winter holidays which demonstrates the growing significance of Asian traffic in Finnair’s traffic performance.

Finnair traffic, measured in passenger kilometers, increased by 17.3% in February, while the capacity was up by 20.3%, resulting in a passenger load factor of 74.8% or 2.0 points lower than last year. Leisure flights’ passenger
load factor was the same as the previous year, 94.0%. All Finnair Group airlines altogether transported 647 975 passengers, which is 7.7% more than a year ago.

Finnair’s Tallinn-based subsidiary Aero AS ended operations on 6 January 2008. Aero figures are respectively included in Finnair Group total figures. In July 2007 Finnair sold its Stockholm-based subsidiary airline FlyNordic and its traffic performance is no longer reported as part of Finnair Group statistics. For better comparison, equivalent figures for last year have been adjusted accordingly.

Arrival punctuality of scheduled flights was 68.9%, which was 7.1 points lower than in February 2007. Including leisure flights arrival punctuality was 65.9% (-8.0 p.p).

Scheduled traffic

In scheduled traffic (international + domestic) revenue passenger kilometres increased by 15.2%. The change in capacity was 20.3%. Passenger load factor was 67.8%, 3.0 percentage points lower than last year.

In scheduled international traffic, total number of passengers was up by 12.7%. Capacity in ASKs was 22.9%, while RPKs increased by 16.9%.

In European scheduled traffic, ASKs increased by 19.8%, and as RPKs increased by 13.8%, the passenger load factor was 60.2%, down 3.2 points from previous year.

In North Atlantic scheduled traffic, capacity decreased by 6.0%. Change in RPKs was -3.2%, and passenger load factor for February was 76.1%, 2.2 points higher than previous year.

In Asian scheduled traffic, capacity increase was 27.9%. The passenger traffic was up by 20.6%. Passenger load factor was 73.7%, 4.5 percentage points down.

Domestic scheduled traffic decreased by 2.4% on a capacity decrease of 2.0%. Passenger load factor decreased by 0.2 percentage points to 60.1%.

Leisure traffic

ASKs for leisure traffic increased in February by 20.5%, and RPKs increased by 21.8%, resulting in a passenger load factor of 94.9%, 1.0 points highwer than last year.

Co-Founder & Chief Editor - TravelDailyNews Media Network | + Articles

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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