Finnair cuts capacity
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
Finn air’s scheduled traffic declined in October by nearly 11 per centand capacity was cut by 12 per cent compared with October last year,which improved the load factor by more than one percentage point to 78per cent.
“Capacity was optimally cut to matchfalling demand. Winter is expected to continue to be difficult, sofurther adjustments to traffic will be made. For leisure traffic inparticular, the coming winter season will be tough. The decline incargo traffic, however, currently appears to be over,” says Finn air’sSVP Communication Christer Haglund
Asian traffic declined by 12 percent from October the previous year. A more than 13 per cent capacitycut raised the load factor by more than one percentage point to 84 perCent
Europeantraffic declined by nearly 10 per cent. A 12 per cent cut of capacityraised the load factor by two percentage points to more than 70 percent. In Finland both traffic and capacity were down by more than 12per cent. The load factor in domestic traffic was less than 60 per cent.
NorthAmerican traffic figures were nearly unchanged from last year: TrafficDeclined by almost four per cent and capacity was cut by under one percent.Load factor fell by nearly three percentage points to 89 per cent.
Leisuretraffic declined in October by nearly 19 per cent and capacity by morethan 16 per cent, so the leisure traffic load factor fell by over twopercentage point to nearly 82 per cent.
Finn air’s traffic overall,measured in revenue passenger kilometers, declined by over 12 per centin October. Passenger numbers fell by slightly less than 12 percent.The amount of cargo carried in scheduled traffic, measured in tonnes,rose by more than six per cent.
OfFinn air’s flights, 87.6 per cent arrived on schedule, which representsan improvement of 2.2 percentage points from last year. Scheduledtraffic’s punctuality percentage rose from October last year by 2.1percentage points to 89.5 per cent.
Comments are closed.