Finnair increased overall capacity in July by 9.1% year-on-year

In July, Finnair carried 1,155,100 passengers. This was 8.7% more than in July 2023.

The overall capacity, measured in Available Seat Kilometres (ASK), increased in July by 9.1% 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 11.1% due to the co-operation with Qantas. Finnair’s traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 7.3%. The Passenger Load Factor (PLF) declined by 1.3% points to 83.5%. 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 ASKs in Asian traffic were up by 8.7% year-on-year due to added capacity to Japan. In North Atlantic traffic, ASKs increased by 9.4% due to added frequencies to Dallas. In European traffic, the ASKs were up by 11.2% as majority of the increase in narrow-body capacity was allocated to Europe. The Middle Eastern capacity declined by 4.0% mainly due to temporarily ceased operations to Israel. The ASKs in domestic traffic increased by 14.8% due to the additional narrow-body capacity.

RPKs increased in Asian traffic by 8.9% year-on-year. They increased by 11.2% in North Atlantic traffic, by 7.0% in European traffic and by 5.0% in domestic traffic whereas they decreased by 4.5% in Middle Eastern traffic.

In July, the PLF was 85.2% in Asian traffic, 88.5% in North Atlantic traffic, 82.8% in European traffic, 77.2% in Middle Eastern traffic and 63.6% in domestic traffic.

Passenger numbers increased by 8.0% in Asian traffic, by 10.7% in European traffic and by 9.9% in North Atlantic traffic. They decreased by 6.0% in Middle Eastern traffic and by 1.4% in domestic traffic.

In July, 75.2% 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 July 2024

Month
% Change
YTD
% Change

Total traffic

Passengers 1,000
1,155.1
8.7
6,677.7
3.0

Available seat kilometres mill
3,508.0
9.1
22,230.8
6.0

Revenue passenger kilometres mill
2,928.2
7.3
16,681.1
3.1

Passenger load factor %
83.5
– 1.3p
75.0
– 2.1p

Cargo tonnes total
12,637.0
15.8
84,515.1
11.5

Available tonne kilometres mill
502.4
9.7
3,242.6
7.6

Revenue tonne kilometres mill
337.3
9.3
1,995.1
4.8

Available seat kilometres incl. wet lease out mill
3,732.5
11.1
23,712.8
6.8

Asia

Passengers 1,000
128.7
8.0
766.9
2.0

Available seat kilometres mill
1,149.0
8.7
7,963.6
7.8

Revenue passenger kilometres mill
978.9
8.9
5,917.0
4.6

Passenger load factor %
85.2
0.2p
74.3
– 2.3p

Europe

Passengers 1,000
850.3
10.7
4,403.4
5.8

Available seat kilometres mill
1,621.5
11.2
9,209.8
9.5

Revenue passenger kilometres mill
1,342.8
7.0
7,030.7
3.6

Passenger load factor %
82.8
– 3.2p
76.3
– 4.3p

North Atlantic

Passengers 1,000
49.2
9.9
241.0
1.4

Available seat kilometres mill
423.3
9.4
2,453.5
– 2.8

Revenue passenger kilometres mill
374.5
11.2
1,873.7
3.6

Passenger load factor %
88.5
1.4p
76.4
4.7p

Middle East

Passengers 1,000
40.1
– 6.0
272.7
– 6.8

Available seat kilometres mill
235.7
– 4.0
1,686.6
– 6.3

Revenue passenger kilometres mill
182.1
– 4.5
1,237.1
– 4.8

Passenger load factor %
77.2
– 0.4p
73.3
1.2p

Domestic

Passengers 1,000
86.8
– 1.4
993.7
– 4.0

Available seat kilometres mill
78.4
14.8
917.3
6.8

Revenue passenger kilometres mill
49.9
5.0
622.7
– 0.6

Passenger load factor %
63.6
– 6.0p
67.9
– 5.1p

* 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.