Finnair Traffic Performance in April 2024

Finnair Plc                 Investor News              7 May 2024 at 9:00 a.m. EET
Number of passengers increased year-on-year, also cargo figures improved
In April, Finnair carried 905,200 passengers. This was 4.2% more than in April 2023.

The overall capacity, measured in Available Seat Kilometres (ASK), increased in April by 3.9% year-on-year as additional narrow-body capacity was deployed by Finnair after the wet lease outs to British Airways ended in March 2024. If wet lease outs are included, capacity increased by 5.9% due to the co-operation with Qantas. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 1.6%. The Passenger Load Factor (PLF) declined by 1.6% points to 72.5%. The distance-based reported traffic figures do not take into account longer routings caused by the airspace closure as they are based on Great-Circle distance in accordance with the industry practice.

The ASK increase in Asian traffic was up by 0.4% year-on-year. The North Atlantic capacity decreased by 14.6%. In European traffic, the ASKs were up by 14.1% as majority of the increase in narrow-body capacity was allocated to Europe and new routes, such as Wroclaw. The Middle Eastern capacity declined by 7.4% mainly due to cancelled flights to Israel. The ASKs in domestic traffic increased by 17.5% due to the additional narrow-body capacity.

RPKs increased in Asian traffic by 2.0% year-on-year but decreased in North Atlantic traffic by 3.0%. They increased by 2.8% in European traffic and by 2.7% in domestic traffic. In Middle Eastern traffic, RPKs were down by 1.4%.

In April, the PLF was 74.8% in Asian traffic, 73.3% in North Atlantic traffic, 71.7% in European traffic, 68.7% in Middle Eastern traffic and 67.3% in domestic traffic.

Passenger numbers in Asian traffic increased by 1.2% year-on-year but decreased in North Atlantic traffic by 3.4%. They increased by 6.4% in European traffic and by 1.1% in domestic traffic but decreased by 3.8% in Middle Eastern traffic.

The total cargo tonnes increased by 9.6% year-on-year in April due to growth in Europe and Middle East. Revenue cargo tonne kilometres increased by 4.1%.

In April, 74.9% of all Finnair flights arrived on schedule (86.1%). On-time performance was mainly impacted by severe weather conditions.

Traffic statistics for May 2024 will be published on Thursday 6 June 2024.

Finnair Traffic
Performance April 2024
Month % Change YTD % Change
Total traffic
Passengers 1,000 905.2  4.2 3,448.6 - 0.4
Available seat kilometres 3,054.5  3.9 11,977.3  4.2
mill
Revenue passenger 2,215.7 1.6 8,651.0  0.6
kilometres mill
Passenger load factor %  72.5 - 1.6p  72.2 - 2.6p
Cargo tonnes total 11,654.8  9.6 45,965.7  11.3
Available tonne  443.4  3.9  1,761.1  6.8
kilometres mill
Revenue tonne kilometres  265.9  2.2  1,050.7  2.9
mill
Available seat kilometres 3,260.8 5.9 12,801.2 4.1
incl. wet lease out mill

Asia
Passengers 1,000  103.6  1.2  422.1 - 0.5
Available seat kilometres 1,051.7  0.4 4,604.5  9.5
mill
Revenue passenger  786.9  2.0 3,303.7  3.6
kilometres mill
Passenger load factor %  74.8 1.2p  71.7 - 4.0p

Europe
Passengers 1,000  610.1 6.4  2,062.6  2.2
Available seat kilometres  1,345.5  14.1 4,500.0  6.7
mill
Revenue passenger  964.1 2.8 3,307.2  0.7
kilometres mill
Passenger load factor %  71.7 - 7.9p  73.5 - 4.4p

North Atlantic
Passengers 1,000 31.5 - 3.4  104.6 - 8.7
Available seat kilometres  323.2 - 14.6  1,211.6 - 10.9
mill
Revenue passenger  236.9 - 3.0  831.2 - 5.7
kilometres mill
Passenger load factor %  73.3  8.7p  68.6  3.8p

Middle East
Passengers 1,000  33.8 - 3.8  164.9 - 6.4
Available seat kilometres  223.2 - 7.4  994.7 - 7.1
mill
Revenue passenger  153.3 - 1.4  748.0 - 4.2
kilometres mill
Passenger load factor %  68.7  4.2p  75.2  2.2p

Domestic
Passengers 1,000  126.2 - 1.1  694.4 - 4.5
Available seat kilometres  110.8  17.5  666.5  4.4
mill
Revenue passenger  74.5 2.7  460.9 - 0.9
kilometres mill
Passenger load factor %  67.3 - 9.7p  69.1 - 3.7p

Cargo traffic
- Europe tonnes 2,587.7  50.6 8,482.5  40.1
- North Atlantic tonnes  1,214.8 - 8.1 4,293.8 - 17.7
- Middle East tonnes 1,782.4  17.7 7,747.8 4.5
- Asia tonnes 6,048.6  - 0.0 25,235.9  12.8
- Domestic tonnes  21.3 - 19.8  84.4 - 32.2
- Cargo flights tonnes*  0.0  0.0  121.5  13.9
Cargo traffic tonnes 11,654.8  9.6 45,965.7  11.3
total
Revenue cargo tonne  67.7 4.1  277.3  9.7
kilometres mill

* Including purchased traffic

• Change %: Change compared to the figures of the respective periods in the previous year (p = points, N/A = not available).
• Available seat kilometres. ASK: Total number of seats available multiplied by 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.