Finnair Plc Investor News
The COVID-19 pandemic impact remained clearly visible in the August traffic figures, cargo demand still strong
In August, Finnair carried 193,000 passengers, which is 85.8% less than in the corresponding period of 2019 but 32.9% more than in
The overall capacity measured in Available Seat Kilometres (ASK) decreased in August by 84.1% year-on-year. Finnair operated 116 daily flights (cargo-only included) on average which was 31.8% compared to
The ASK decline in Asian traffic was 86.6%. The North Atlantic capacity decreased by 100.0%. In European traffic, the ASKs were down by 78.7%. The ASKs in domestic traffic decreased by 62.5%.
RPKs decreased in Asian traffic by 96.4%, in North Atlantic traffic by 100.0%, in European traffic by 86.4% and in domestic traffic by 64.6%.
The PLF was 24.3% in Asian traffic but it was supported by the cargo operations and very high cargo load factor. The PLF was 52.8% in European traffic and 62.8% in domestic traffic, whereas there was no PLF figure in North Atlantic traffic due to zero passenger flights in August.
Passenger numbers decreased in Asian traffic by 96.4%, in North Atlantic traffic by 100.0%, in European traffic by 84.9% and in domestic traffic by 69.5%.
Available scheduled cargo tonne kilometres decreased by 86.8% year-on-year and revenue scheduled cargo tonne kilometres decreased by 81.4%, both due to the impact of COVID-19 pandemic on scheduled flights. However, cargo related available tonne kilometres decreased by 78.4% and revenue tonne kilometres decreased by 70.5% and they included also the cargo-only flights mainly operated between
In August, 96.0% of all Finnair flights arrived on schedule (76.9%).
Traffic statistics for
Finnair Traffic
Performance
Month % Change YTD % Change
Total traffic
Passengers 1,000 193.0 -85.8 3,091.8 -68.7
Available seat 675.8 -84.1 11,185.9 -64.6
kilometres mill
Revenue passenger 281.9 -92.4 7,626.0 -70.8
kilometres mill
Passenger load factor % 41.7 -45.1p 68.2 -14.5p
Cargo tonnes total 4,050.4 -73.4 48,130.7 -57.0
Available tonne 126.3 -79.7 1,922.0 -58.4
kilometres mill
Revenue tonne kilometres 53.7 -87.5 996.4 -67.3
mill
Passengers 1,000
Available seat 278.2 -86.6 5,200.5 -66.7
kilometres mill
Revenue passenger 67.7 -96.4 3,689.7 -72.0
kilometres mill
Passenger load factor % 24.3 -66.2p 70.9 -13.5p
Passengers 1,000
Available seat 355.6 -78.7 4,462.6 -62.9
kilometres mill
Revenue passenger 187.8 -86.4 2,878.7 -70.5
kilometres mill
Passenger load factor % 52.8 -30.1p 64.5 -16.8p
North
Passengers 1,000 North 0.0 -100.0 82.3 -73.4
Available seat 0.0 -100.0 848.9 -68.6
kilometres mill North
Revenue passenger 0.0 -100.0 647.1 -72.4
kilometres mill North
Passenger load factor % N/A N/A 76.2 -10.5p
North
Domestic
Passengers 1,000 46.6 -69.5 695.3 -54.9
Domestic
Available seat 42.0 -62.5 673.9 -47.0
kilometres mill Domestic
Revenue passenger 26.4 -64.6 410.5 -49.9
kilometres mill Domestic
Passenger load factor % 62.8 -3.7p 60.9 -3.5p
Domestic
Cargo Traffic
North
Domestic tonnes 25.3 -45.8 218.4 -45.0
Cargo scheduled traffic 2,606.4 -82.9 35,438.0 -68.4
total tonnes
Cargo flights, tonnes** 1,444.0 100.0 12,692.7 100.0
Cargo Traffic tonnes 4,050.4 -73.4 48,130.7 -57.0
total
Available tonne 36.5 -78.4 524.7 -57.9
kilometres* mill
Revenue tonne kilometres 28.6 -70.5 314.6 -55.7
mill
Available sched. cargo 22.3 -86.8 407.2 -67.4
tonne kms*, mill
Revenue sched. cargo 18.0 -81.4 222.4 -68.7
tonne kms, mill
Cargo load factor* % 78.4 21.0p 60.0 3.0p
- North-Atlantic cargo N/A N/A 66.3 10.9p
load factor* %
-
factor* %
Scheduled traffic Cargo 80.6 23.2p 54.6 -2.3p
load factor*, %
* Based on average operational cargo capacity
** Including purchased traffic
· Change %: Change compared to the figures of the respective periods in the previous year (p = 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.
Further information:
Finnair Media Desk, +358 9 818 4020, comms(a)finnair.com
Finnair on Twitter: www.twitter.com/Finnair
Finnair blogs: https://bluewings.finnair.com/
Finnair on Facebook: www.facebook.com/finnair
https://news.cision.com/finnair/r/finnair-traffic-performance-in-august-2020,c3190611
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