Finnair’s load factor up 4.7 percentage points

Helsinki, March 26 (IANS) Nordic carrier Finnair has reported a 4.7 percentage point rise in its passenger load factor in February.

The airline’s passenger load factor rose to 80.6 percent in the month under review despite a decrease in its Asian traffic.
According to the airline, its Asian traffic measured in revenue passenger kilometres (RPK) grew by 2.1 percent and the capacity declined by 9.7 percent.
“Capacity in Asian traffic was scaled back around Chinese New Year when the Asian travel demand to Europe is low,” the Nordic passenger carrier said in a statement.
Even the airline’s cargo traffic, measured in revenue tonne kilometres, decreased by 21.9 percent and the overall capacity fell by 17.2 percent on an year-on-year basis.
However, the leisure traffic measured in RPK grew by 7.4 percent and the capacity increased by 2.1 percent.
The segment’s load factor improved by 4.7 percentage points and stood at 97 percent.