Finnair traffic performance in May 2024: Overall capacity ASK, increased in May by 6.0% year-on-year

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In May, Finnair saw a 2.4% increase in passengers and a 6.0% rise in ASKs, despite a 2.7% decrease in Passenger Load Factor to 71.3%.

In May, Finnair carried 983,500 passengers. This was 2.4% more than in May 2023. The overall capacity, measured in Available Seat Kilometres (ASK), increased in May by 6.0% 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 8.0% due to the cooperation with Qantas. Finnair’s traffic, measured in Revenue Passenger Kilometres (RPKs), increased by 2.0%. The Passenger Load Factor (PLF) declined by 2.7% points to 71.3%. 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 2.0% year-on-year. The North Atlantic capacity decreased by 4.8%. In European traffic, the ASKs were up by 13.6% as the majority of the increase in narrow-body capacity was allocated to Europe. The Middle Eastern capacity declined by 4.7% mainly due to cancelled flights to Israel. The ASKs in domestic traffic increased by 15.9% due to the additional narrow-body capacity.

RPKs increased in Asian traffic by 1.6% year-on-year. They increased by 7.7% in North Atlantic traffic and by 2.3% in European traffic. They decreased by 5.4% in Middle Eastern traffic and by 5.7% in domestic traffic.

In May, the PLF was 70.2% in Asian traffic, 79.1% in North Atlantic traffic, 72.3% in European traffic, 60.8% in Middle Eastern traffic and 61.0% in domestic traffic.

Passenger numbers increased by 0.8% in Asian traffic, by 4.4% in European traffic and by 5.8% in North Atlantic traffic. They decreased by 7.4% in Middle Eastern traffic and by 6.1% in domestic traffic.

In May, 77.2% of all Finnair flights arrived on schedule (86.5%). The on-time performance decline was due to the closure of one of the runways at Helsinki Airport for renovation work.

Finnair Traffic Performance May 2024
Month% ChangeYTD% Change
Total traffic
Passengers 1,000983.52.44,432,10.2
Available seat kilometres mill3,365.86.015,343,14.6
Revenue passenger kilometres mill2,399,52.011,050.40.9
Passenger load factor %71.3– 2.7p72.0– 2.6p
Cargo tonnes total13,017.612.758,983.311.6
Available tonne kilometres mill490,36.52,251.46.7
Revenue tonne kilometres mill290,03.81,340.73.1
Available seat kilometres incl. wet lease out mill3 582,68.016,383.84.9
Asia
Passengers 1,000102.40.8524.5– 0.2
Available seat kilometres mill1,108.02.05,712.67.9
Revenue passenger kilometres mill777.71.64,081.43.2
Passenger load factor %70.2– 0.3p71.4– 3.3p
Europe
Passengers 1,000702.74.42,765.32.7
Available seat kilometres mill1,549.913.66,049.98.4
Revenue passenger kilometres mill1,121,02.34,428.21.1
Passenger load factor %72.3– 7.9p73.2– 5.3p
North Atlantic
Passengers 1,00039.85.8144.4– 5.1
Available seat kilometres mill383.9– 4.81,595.6– 9.5
Revenue passenger kilometres mill303.77.71,134.9– 2.4
Passenger load factor %79.19.1p71.15.1p
Middle East
Passengers 1,00031.3– 7.4196.2– 6.5
Available seat kilometres mill233.1– 4.71,227.8– 6.6
Revenue passenger kilometres mill141.7– 5.4889.7– 4.4
Passenger load factor %60.8– 0.5p72.51.7p
Domestic
Passengers 1,000107.3– 6.1801.7– 4.7
Available seat kilometres mill90.715.9757.25.6
Revenue passenger kilometres mill55.4– 5.7516.2– 1.4
Passenger load factor %61.0– 13.9p68.2– 4.9p
Cargo traffic
– Europe tonnes2,978.433.011,460.838.2
– North Atlantic tonnes1,610.314.05,904.1– 10.9
– Middle East tonnes1,837.516.39,585.36.6
– Asia tonnes6,547.05.031,782.911.1
– Domestic tonnes22.9– 32.9107.2– 32.3
– Cargo flights tonnes*21.5– 58.1142.9– 9.5
Cargo traffic tonnes total13,017.612.758,983.311.6
Revenue cargo tonne kilometres mill75.49.1352.79.6

* 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. 

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