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Decreasing demand brings decline in Finnair services


Decreasing demand brings decline in Finnair services
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On Tuesday Finnair announced that in August this year its scheduled services had declined by more than seven per cent from a year earlier.
      However, the airline reduced its flight services by nine per cent, leading to an improvement of the use of capacity by 1.5 percentage points, to more than 80 per cent.
      The aim was to cut flight capacity to match the decline in demand as closely as possible.
      Services to Asia declined by 13 per cent from August last year. Cuts of more than 16 per cent in capacity helped raise the use of capacity by more than three points to 87 per cent.
     
European services declined by nearly six per cent. Cuts in services kept the utilisation rate at last year’s level of 71 per cent. In domestic services the figure was 61 per cent.
      In North American services, the increase in flights to New York brought an increase of nearly 37 per cent in passenger numbers, raising the utilisation rate to 92 per cent.
     
Finnair’s total traffic in passenger kilometres declined by more than ten per cent from August last year to August this year.
      The number of passengers flying Finnair declined by more than nine per cent, and the amount of freight measured in tonnes went down by more than 11 per cent.

More on this subject:
 Finnair seeks partners for aircraft maintenance

Links:
  Finnair Plc Press release, 8. Sept. 2009: Finnair cuts capacity to match falling demand

Helsingin Sanomat


  8.9.2009 - TODAY

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