Asian Business Traffic Nearly Doubled

In October Finnair carried a total of 614,400 passengers (-0.1%), 482,200 of these in scheduled traffic (-0.2%) and 132,200 in leisure traffic (+0.0%). With 0.7% more capacity and 10.6% more traffic (RPK), passenger load factor was 68.5%, 6.1 points higher than last year.


The low reference figures derived from the events of terrorism on 11 September 2001 should be taken into account when comparing the actual figures for October 2002 to those of last year. In comparison to October 2000 total revenue passenger kilometres are now 7.1% and RPKs of international scheduled passenger traffic are 6.4% above the October 2000 level while the number of passengers is -5.6%. Comparison indicates that the emphasis has moved from other traffic categories to Asian traffic i.e. longer routes. Number of passengers in Asian traffic increased 51.0% and number of business travellers increased by 91.4%.
Departure punctuality of scheduled flights was 92.1% (based on a fifteen minute standard), 0.3 percentage units lower than in October 2001. Including leisure flights departure punctuality was 91.1% (-0.2 p.u).


Scheduled traffic:


// RPKs in scheduled traffic (international + domestic) increased by 16.8%. Respectively the change in capacity was -0.5%. Passenger load factor was 62.3%, 9.2 percentage points higher than last year // In scheduled international traffic, premium traffic increased by 1.6%, while the total number of passengers was up by 2.4%. Capacity in ASKs was +1.5%, and RPK increase +20.5% // In European scheduled traffic, decrease in ASKs was -8.3%, and as RPKs increased by 1.6%, there was a 5.2 p.u. increase in passenger load factor to 53.1% from previous year // In North Atlantic scheduled traffic, capacity was cut by 16.8%. Change in RPKs was +30.5%, and passenger load factor for October was 80.9%, 29.3 p.u. up from previous year. Premium traffic increased by 72.0% // In Far East scheduled traffic, capacity was increased by 44.5%. The passenger traffic increased by 55.5%. Passenger load factor was 80.4%, 5.7 percentage units up. The number of premium passengers increased by 91.4% // Domestic scheduled traffic decreased by 3.3% on a capacity decrease of 10.2%. Passenger load factor improved by 3.8 p.u. to 52.7%.

Leisure traffic:
ASKs for leisure traffic was increased in October by 3.4%, and RPKs increased accordingly by 1.7%, resulting in a passenger load factor of 81.7%, 1.4 points lower than previous year.

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Cargo:
Cargo traffic increased by 0.3% in terms of cargo tonnes carried. Amount of cargo and mail carried in the Scheduled Passenger Traffic increased 4.4%. The volume growth was most remarkable in the Asian traffic, 43.5%. In the current market situation, load factor in chartered cargo traffic maintained well, 74.8%. Demand in the Scheduled North Atlantic traffic is still weaker than normal. Amount of cargo and mail carried on that traffic decreased 16.8% while the respective capacity decreased 10.4%.


Full data available at www.finnair.com/investors
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