Finnair's load factor up 5.7 percentage points

Last Updated: Wed, Jan 30, 2013 15:00 hrs

Helsinki, Jan 30 (IANS) Nordic carrier Finnair has reported a 5.7 percentage point rise in its passenger load factor during December 2012.

Finnair's passenger load factor rose to 77.1 percent in the month under review as the airline saw a strong increase in Asian and European traffic.

According to the airline, its Asian traffic measured in revenue passenger kilometres (RPK) grew by 12.5 percent and traffic in Europe increased by 15.4 percent on an year-on-year basis.

"In December, we saw continuing strong demand in in our traffic. Traffic growth continued to exceed the growth of overall capacity, contributing to the unit revenue improvement year-on-year," said Erno Hilden, chief financial officer, Finnair.

The airline's traffic measured in RPK rose 10.6 percent as the overall capacity grew by 2.4 percent on a year-on-year basis.

Segment-wise, the airline's leisure traffic measured in RPK grew by 2.7 percent, the load factor improved by 9.1 percentage points and stood at 87.3 percent.

However, in the cargo segment, the airline's traffic measured in revenue tonne kilometres decreased by 5.1 percent as the overall capacity decreased by 12.3 percent.

More from Sify: