LONDON – Finnish flag carrier airline, Finnair, revealed its latest traffic figures for the month of May.
Their Latest May Figures…
To begin with, the month of May for Finnair this year has been very strong for the carrier. In total, they carried 778,300 passengers.
This figure is a whopping 840.3% increase compared to May 2021 and 14.4% more than the previous month in April 2022.
Despite the COVID-19 Omicron variant hampering a lot of the carrier’s traffic throughout their Asian destinations, as well as the airspace closures that have been incurred by the ongoing war between Russia and Ukraine, Finnair still continued to operate to many of its Asian destinations, mainly because of the booming demand for air cargo in that region.
In terms of their overall capacity of May 2022, Finnair’s ASK (Available Seat Kilometres) increased by 542.4% sitting at 2,638.4 million compared to May 2021 and is a 5% increase compared to April 2022.
The carrier’s RPK (Revenue Passenger Kilometres) for May 2022 sat at 1,631.6 million, an increase of 1,269.9% compared to May 2021 and a 9% increase compared to April 2022.
Coupled with the above, Finnair’s PLF (Passenger Load Factor) for May 2022 sat at 61.8%, an increase of 32.8% compared to May 2021 and a small 2.3% increase compared to April 2022. Despite the load factor being relatively bleak for Finnair during May, the carrier still operated, on average, 261 daily flights. This does include any cargo-only services.
Despite the damaging effects that the Omicron variant and Russia/Ukraine war have had on Finnair’s Asian route performance, the carrier still saw an increase in passenger numbers, ASK, RPK and PLF.
Their passenger numbers for Asia during May 2022 stood at 45,200, an increase of 1,198.4% compared to May 2021. Their ASK for Asia stood at 631.9 million, an increase of 185.6% compared to May 2021.
Their RPK for Asia stood at 347.8 million, an increase of 1,232.8% compared to May 2021. Finally, their PLF for Asia stood at 55%, an increase of 43.3% compared to May 2021’s load factor.
Their passenger numbers for Europe during May 2022 stood at 588,800, an increase of 971.3% compared to May 2021. Their ASK for Europe stood at 1,332.6 million, an increase of 785.5% compared to May 2021.
Their RPK for Europe stood at 926.2 million, an increase of 1,141.7% compared to May 2021. Finally, their PLF for Europe stood at 69.5%, an increase of 19.9% compared to May 2021’s load factor.
Their passenger numbers for the North Atlantic during May 2022 stood at 41,100, an increase of 6,318.4% compared to May 2021. Their ASK for the North Atlantic stood at 593 million, an increase of 3,063.3% compared to May 2021.
Their RPK for the North Atlantic stood at 303.7 million, an increase of 7,050% compared to May 2021. Finally, their PLF for the North Atlantic stood at 51.2%, an increase of 28.6% compared to May 2021’s load factor.
Their Domestic passenger numbers during May 2022 stood at 103,200, an increase of 335.5% compared to May 2021. Their Domestic ASK stood at 80.9 million, an increase of 299% compared to May 2021.
Their Domestic RPK stood at 53.9 million, an increase of 280.3% compared to May 2021. Finally, their Domestic PLF stood at 66.6%, a decrease of -3.3% compared to May 2021’s load factor.
In terms of cargo operations, Finnair saw an increase across the board compared to May 2021’s figures, however, most remained similar to their April 2022 figures. During the month, they carried a total of 10,220.8 tonnes of cargo, a 51.1% increase compared to May 2021.
Their ATK (Available Tonne Kilometres) stood at 371.4 million, a 162% increase compared to May 2021. Finally, their RTK (Revenue Tonne Kilometres) stood at 210.8 million, a 249.7% increase compared to May 2021.
Overall…
It is evident that based on these figures, Finnair is in a strong position for the year, and with the global expectation that passenger figures are still yet to significantly rise for this summer season, Finnair will be in good standing for a very profitable year. With the potential for growth, still being huge players for them.
