09 September, 2024

Finnair Traffic Performance in August 2024

Once again over a million passengers as capacity increased year-on-year, strong cargo performance

In August, Finnair carried 1,062,400 passengers, which is 9.5% more than in August 2023.



The overall capacity, measured in Available Seat Kilometres (ASK), increased in August by 9.3% year-on-year as additional narrow-body capacity was deployed by Finnair after the wet lease outs to British Airways ended in March 2024. In addition, the capacity growth in Asian traffic was strong. If wet lease outs are included, capacity increased by 10.9% due to the co-operation with Qantas. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 7.5%. The Passenger Load Factor (PLF) declined by 1.3% points to 78.6%. 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 ASKs in Asian traffic were up by 11.2% year-on-year due to increased capacity to Japan, including added frequencies to Tokyo, Osaka and Nagoya. In North Atlantic traffic, ASKs increased by 2.6% due to added frequencies to Dallas. In European traffic, the ASKs were up by 11.8% as majority of the increase in narrow-body capacity was allocated to Europe. The Middle Eastern capacity declined by 5.1% mainly due to temporarily ceased operations to Israel. The ASKs in domestic traffic increased by 16.9% due to the additional narrow-body capacity.

RPKs increased in Asian traffic by 11.8% year-on-year. They increased by 6.0% in North Atlantic traffic, by 7.9% in European traffic and by 10.3% in domestic traffic whereas they decreased by 12.3% in Middle Eastern traffic.

In August, the PLF was 85.4% in Asian traffic, 84.5% in North Atlantic traffic, 74.0% in European traffic, 72.2% in Middle Eastern traffic and 62.6% in domestic traffic.

Passenger numbers increased by 11.5% in Asian traffic, by 5.1% in North Atlantic traffic, by 11.0% in European traffic and by 10.0% in domestic traffic. They decreased by 14.0% in Middle Eastern traffic.

The total cargo tonnes increased by 11.5% year-on-year in August due to growth in all traffic areas exclusive of Middle Eastern and domestic traffic. Revenue cargo tonne kilometres increased by 11.9%.

In August, 76.7% of all Finnair flights arrived on schedule (81.3%). The on-time performance decline was due to airspace and air traffic control capacity restrictions across Europe.

Finnair Traffic Performance August 2024
Month% ChangeYTD% Change
Total traffic
Passengers 1,0001,062.4 9.57,740.1 3.9
Available seat kilometres mill3,442.9 9.325,673.7 6.4
Revenue passenger kilometres mill2,705.3 7.519,386.4 3.7
Passenger load factor % 78.6- 1.3p 75.5- 2.0p
Cargo tonnes total12,117.6 11.596,632.7 11.5
Available tonne kilometres mill 497.0 10.23,739.6 8.0
Revenue tonne kilometres mill 315.0 8.52,310.1 5.3
Available seat kilometres incl. wet lease out mill3,652.710.927,365.57.3
Asia
Passengers 1,000 127.8 11.5 894.6 3.2
Available seat kilometres mill1,141.1 11.29,104.7 8.2
Revenue passenger kilometres mill 974.2 11.86,891.1 5.6
Passenger load factor % 85.4 0.5p 75.7- 1.9p
Europe
Passengers 1,000 745.2 11.05,148.6 6.5
Available seat kilometres mill1,568.7 11.810,778.5 9.8
Revenue passenger kilometres mill1,161.0 7.98,191.7 4.2
Passenger load factor % 74.0- 2.6p 76.0- 4.1p
North Atlantic
Passengers 1,000 45.3 5.1 286.3 1.9
Available seat kilometres mill 406.3 2.62,859.8- 2.0
Revenue passenger kilometres mill 343.2 6.02,216.9 3.9
Passenger load factor % 84.5 2.7p 77.5 4.5p
Middle East
Passengers 1,000 37.1- 14.0 309.9- 7.7
Available seat kilometres mill 233.3- 5.11,919.9- 6.2
Revenue passenger kilometres mill 168.4- 12.31,405.5- 5.8
Passenger load factor % 72.2- 5.9p 73.2 0.3p
Domestic
Passengers 1,000 107.0 10.01,100.7- 2.8
Available seat kilometres mill 93.5 16.91,010.8 7.7
Revenue passenger kilometres mill 58.5 10.3 681.3 0.2
Passenger load factor % 62.6- 3.7p 67.4- 5.0p
Cargo traffic
- Europe tonnes2,332.8 22.119,083.8 28.3
- North Atlantic tonnes1,418.9 15.910,375.2 1.0
- Middle East tonnes1,750.0- 11.115,216.4 5.5
- Asia tonnes6,595.6 15.051,645.5 10.6
- Domestic tonnes 20.3- 22.2 168.9- 27.5
- Cargo flights tonnes*0.00.0 142.9- 9.5
Cargo traffic tonnes total12,117.6 11.596,632.7 11.5
Revenue cargo tonne kilometres mill 72.9 11.9 576.2 10.4

* 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: The number of revenue passengers carried is multiplied by the 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.


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