Finnair Plc           Investor News               6 June 2024 at 9:30 a.m. EEST  
Number of passengers increased due to additional capacity whereas PLF declined year-on-year, increase in cargo figures continued
In May, Finnair carried 983,500 passengers. This was 2.4% more than in May 2023. 
The overall capacity, measured in Available Seat Kilometres (ASK), increased in May by 6.0% 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 8.0% due to the co-operation with Qantas. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 2.0%. The Passenger Load Factor (PLF) declined by 2.7% points to 71.3%. 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 2.0% year-on-year. The North Atlantic capacity decreased by 4.8%. In European traffic, the ASKs were up by 13.6% as majority of the increase in narrow-body capacity was allocated to Europe. The Middle Eastern capacity declined by 4.7% mainly due to cancelled flights to Israel. The ASKs in domestic traffic increased by 15.9% due to the additional narrow-body capacity. 
RPKs increased in Asian traffic by 1.6% year-on-year. They increased by 7.7% in North Atlantic traffic and by 2.3% in European traffic. They decreased by 5.4% in Middle Eastern traffic and by 5.7% in domestic traffic. 
In May, the PLF was 70.2% in Asian traffic, 79.1% in North Atlantic traffic, 72.3% in European traffic, 60.8% in Middle Eastern traffic and 61.0% in domestic traffic.  
Passenger numbers increased by 0.8% in Asian traffic, by 4.4% in European traffic and by 5.8% in North Atlantic traffic. They decreased by 7.4% in Middle Eastern traffic and by 6.1% in domestic traffic. 
The total cargo tonnes increased by 12.7% year-on-year in May due to growth in all traffic areas exclusive of domestic cargo traffic. Revenue cargo tonne kilometres increased by 9.1%.  
In May, 77.2% of all Finnair flights arrived on schedule (86.5%). The on-time performance decline was due to the closure of one of the runways at Helsinki Airport for renovation work. 
 
Traffic statistics for June 2024 will be published on Friday 5 July 2024.  
+-------------------------+---------+----------+---------+----------+
|Finnair Traffic          |         |          |         |          |
|Performance May 2024     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|                         |Month    |% Change  |YTD      |% Change  |
+-------------------------+---------+----------+---------+----------+
|Total traffic            |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000         |983.5    |2.4       |4,432,1  |0.2       |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|3,365.8  |6.0       |15,343,1 |4.6       |
|mill                     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger        |2,399,5  |2.0       |11,050.4 |0.9       |
|kilometres mill          |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %  |71.3     |- 2.7p    |72.0     |- 2.6p    |
+-------------------------+---------+----------+---------+----------+
|Cargo tonnes total       |13,017.6 |12.7      |58,983.3 |11.6      |
+-------------------------+---------+----------+---------+----------+
|Available tonne          |490,3    |6.5       |2,251.4  |6.7       |
|kilometres mill          |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Revenue tonne kilometres |290,0    |3.8       |1,340.7  |3.1       |
|mill                     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|3 582,6  |8.0       |16,383.8 |4.9       |
|incl. wet lease out mill |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|                         |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Asia                     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000         |102.4    |0.8       |524.5    |- 0.2     |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|1,108.0  |2.0       |5,712.6  |7.9       |
|mill                     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger        |777.7    |1.6       |4,081.4  |3.2       |
|kilometres mill          |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %  |70.2     |- 0.3p    |71.4     |- 3.3p    |
+-------------------------+---------+----------+---------+----------+
|                         |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Europe                   |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000         |702.7    |4.4       |2,765.3  |2.7       |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|1,549.9  |13.6      |6,049.9  |8.4       |
|mill                     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger        |1,121,0  |2.3       |4,428.2  |1.1       |
|kilometres mill          |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %  |72.3     |- 7.9p    |73.2     |- 5.3p    |
+-------------------------+---------+----------+---------+----------+
|                         |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|North Atlantic           |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000         |39.8     |5.8       |144.4    |- 5.1     |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|383.9    |- 4.8     |1,595.6  |- 9.5     |
|mill                     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger        |303.7    |7.7       |1,134.9  |- 2.4     |
|kilometres mill          |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %  |79.1     |9.1p      |71.1     |5.1p      |
+-------------------------+---------+----------+---------+----------+
|                         |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Middle East              |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000         |31.3     |- 7.4     |196.2    |- 6.5     |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|233.1    |- 4.7     |1,227.8  |- 6.6     |
|mill                     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger        |141.7    |- 5.4     |889.7    |- 4.4     |
|kilometres mill          |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %  |60.8     |- 0.5p    |72.5     |1.7p      |
+-------------------------+---------+----------+---------+----------+
|                         |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Domestic                 |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passengers 1,000         |107.3    |- 6.1     |801.7    |- 4.7     |
+-------------------------+---------+----------+---------+----------+
|Available seat kilometres|90.7     |15.9      |757.2    |5.6       |
|mill                     |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Revenue passenger        |55.4     |- 5.7     |516.2    |- 1.4     |
|kilometres mill          |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Passenger load factor %  |61.0     |- 13.9p   |68.2     |- 4.9p    |
+-------------------------+---------+----------+---------+----------+
|                         |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Cargo traffic            |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|- Europe tonnes          |2,978.4  |33.0      |11,460.8 |38.2      |
+-------------------------+---------+----------+---------+----------+
|- North Atlantic tonnes  |1,610.3  |14.0      |5,904.1  |- 10.9    |
+-------------------------+---------+----------+---------+----------+
|- Middle East tonnes     |1,837.5  |16.3      |9,585.3  |6.6       |
+-------------------------+---------+----------+---------+----------+
|- Asia tonnes            |6,547.0  |5.0       |31,782.9 |11.1      |
+-------------------------+---------+----------+---------+----------+
|- Domestic tonnes        |22.9     |- 32.9    |107.2    |- 32.3    |
+-------------------------+---------+----------+---------+----------+
|- Cargo flights tonnes*  |21.5     |- 58.1    |142.9    |- 9.5     |
+-------------------------+---------+----------+---------+----------+
|Cargo traffic tonnes     |13,017.6 |12.7      |58,983.3 |11.6      |
|total                    |         |          |         |          |
+-------------------------+---------+----------+---------+----------+
|Revenue cargo tonne      |75.4     |9.1       |352.7    |9.6       |
|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.