Airline

Finnair reports 9.9% increase in passenger traffic Y-O-Y

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Finnair reports 9.9% increase in passenger traffic Y-O-Y

Finnair carried 997,200 passengers about 9.9% more than in June 2022 and 3.8% more than in May 2023. The airline reported an increase in the overall capacity measured in Available Seat Kilometres (ASK), by 15.1% year-on-year decreased by 2.6% month-on-month. Finnair's traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 16.4% year-on-year and by 6.2% month-on-month. The Passenger Load Factor (PLF) increased by 0.9% points year-on-year and by 6.7% points month-on-month to 80.7%.

The ASK increase in Asian traffic was 58.7% year-on-year due to the reopening of Hong Kong route in July 2022, additional capacity to Japan and South Korea as well as the Mumbai route opened in August 2022.

The North Atlantic capacity decreased by 41.6% as the operations between Stockholm and the North American destinations were discontinued at the end of October 2022.

In European traffic, the ASKs were up by 4.1% while the Middle Eastern capacity surged by 1,809.9% due to the Qatar Airways cooperation commenced in November 2022. The ASKs in domestic traffic increased by 9.7%.

In June, the PLF was 77.5 % in Asian traffic, 82.7% in North Atlantic traffic, 84.0% in European traffic, 74.2% in Middle Eastern traffic and 75.6% in domestic traffic.

Many cargo figures increased year-on-year in June due to Qatar Airways cooperation and increased Asian capacity even though discontinued operations between Sweden and the US cut North Atlantic cargo capacity.

Available scheduled cargo tonne kilometres increased by 36.7% and revenue scheduled cargo tonne kilometres increased by 24.0% year-on-year. The total cargo tonnes increased by 28.3% year-on-year and by 4.4% month-on-month.

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