Finnair demand and price level down

[sail4fun]

FINNAIR PLC STOCK EXCHANGE RELEASE 7 JULY 2009 AT 09:00

FINNAIR DEMAND AND PRICE LEVEL DOWN

Finnair traffic in June was 13.4 per cent and the number of passengers carried
12.2 per cent below the figures for June 2008. Weak demand reduced the average
price per passenger kilometers more than 18 per cent in the second quarter of
2009.

- The demand in air traffic is still weakening and Finnair has reduced capacity
accordingly, says Finnair´s SVP Public Affairs and Communications Mr Christer
Haglund. Capacity was slashed by 14.2 per cent, resulting in a passenger load
factor 0.6 percentage points higher than last year, 74.0 per cent.

Of Finnair's flights, 89.0 per cent arrived on schedule, which represents an
improvement of 7.9 percentage points from last year. The scheduled passenger
traffic punctuality percentage rose from June last year by 8.2 percentage points
to 90.5 per cent.

Finnair traffic
Finnair traffic altogether decreased by 13.4%, measured in revenue passenger
kilometres. Capacity decreased by 14.2%. Passenger load factor was 0.6
percentage points higher than year before, 74.0%. Number of passengers carried
decreased by 12.2% and was 641 989.

Scheduled traffic
Scheduled traffic decreased by 11.6%, measured in revenue passenger kilometres.
Capacity decreased by 13.0%. Passenger load factor was 1.1 percentage points
higher than year before, 71.8%. Number of passengers carried decreased by 9.2%
and was 544 823.

Scheduled international traffic, decreased by 11.7%, measured in revenue
passenger kilometres. Capacity decreased by 12.7%. Passenger load factor was 0.8
percentage points higher than year before, 72.3%. Number of passengers carried
decreased by 10.2% and was 451 966.

European scheduled traffic, decreased by 10.3%, measured in revenue passenger
kilometres. Capacity decreased by 9.4%. Passenger load factor was 0.7 percentage
points lower than year before, 71.8%. Number of passengers carried decreased by
9.2% and was 350 254.

North Atlantic scheduled traffic increased by 16.0%, measured in revenue
passenger kilometres. Capacity increased by 18.6%. Passenger load factor was 2.0
percentage points lower than year before, 85.9%. Number of passengers carried
increased by 15.9% and was 17 232.

Asian scheduled traffic decreased by 16.3%, measured in revenue passenger
kilometres. Capacity decreased by 18.2%. Passenger load factor was 1.6
percentage points higher than year before, 70.7%. Number of passengers carried
decreased by 17.7% and was 84 480.

Domestic scheduled traffic decreased by 9.1%, measured in revenue passenger
kilometres. Capacity decreased by 18.2%. Passenger load factor was 6.0
percentage points higher than year before, 60.5%. Number of passengers carried
decreased by 3.8% and was 92 857.

Leisure traffic
Leisure traffic decreased by 20.6%, measured in revenue passenger kilometres.
Capacity decreased by 19.8%. Passenger load factor was 0.9 percentage points
lower than year before, 85.4%. Number of passengers carried decreased by 25.9%
and was 97 166.

Cargo
Cargo traffic decreased by 20.7% in terms of cargo tonnes carried.

Decrease in scheduled traffic was 21.7%. Cargo traffic decreased by 24.0% in
Asian traffic, decreased by 12.8% in European traffic and decreased by 26.2% in
North-Atlantic traffic.

Cargo traffic carried on chartered cargo flights decreased by 15.1%. The cargo
load factor in the Far Eastern traffic was 71.2% and in the North Atlantic
traffic 44.5%.

http://www.finnairgroup.com/group/gr...000400540.html

[Someone]

Hmmm, på tross av at kuttene følger nedgangen i etterspørselen så stuper yielden. Heller ikke for Finnair tror jeg 2009 blir en pent år, her lukter det knallrøde tall og videre kutt. Hjelper lite med snarveien til Asia når færre og færre reiser dit

[EB]

Kommer nok snart en pressemelding fra Oslokontoret om at de fortsatt øker med et 3-sifret prosenttall fra Norge til Østen...