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Airbus

New monthly passenger record at Finnair

But there are some variations in capacity on the regions flown to, while the overall load factor decreased.

Finnair carried 1,240,500 passengers in June, which is 12.8% more than in the same month last year and is a new monthly record.

The number of passengers grew especially in North America (up 18.2%) and Asian traffic (15.5%), with European traffic (12.4%) and domestic traffic (9.9%) also doing well.

The Finnish carrier’s overall capacity measured in available seat kilometres (ASKs) increased by 16.4%, while revenue passenger kilometres grew less, by 14.5%. The high ASK growth rate was reflected in the load factor, which decreased year-on-year by 1.4 points to 85.4%.

During the month, almost half (48%) of Finnair’s ASKs were in Asian traffic, 41% on European routes and the rest in North American and domestic traffic.

Finnair’s long-haul capacity will soon be boosted by the A350 with its enlarged seating, aircraft that are now starting to be introduced.

The ASK growth in Asian traffic was 16.4% and was mainly directed at frequency additions to Tokyo and Bangkok and to a new route opening to Nanjing. For North America, ASKs rose 11.7%, mostly due to additional frequencies to Chicago.

Europe capacity
An 18% capacity growth in European traffic derives from an increase in the narrow-body fleet size and additional seating added to some existing planes.

Capacity growth was directed at added frequencies to several destinations, especially to Tallinn, Bergen, Berlin, Gdansk, St Petersburg and Moscow. Flights to a new destination, Stuttgart, began at the end of April.

“During the past quarter, we made monthly records in the number of carried passengers and in several other growth figures. Because of the strong capacity growth, our passenger load factor weakened, and Q2 RASK was below corresponding period as we expected,” says Finnair’s CFO Pekka Vähähyyppä.

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