Finnair posts strong monthly tonnage figure

posted on 8th November 2018 by Justin Burns
Finnair posts strong monthly tonnage figure

Finnair Cargo posted an all-time record monthly cargo volume high in October as it carried 16,037 tonnes across its network.

This represented a monthly year-on-year (YOY) increase of 4.3 per cent for the Finnish carrier and brought the total so far this year to 129,711 tonnes, a slight YOY fall of 1.4 per cent.

The cargo load factor in October was 68.9 per cent, 1.7 percentage points up on October last year but down 5.5 percentage points so far this year at 60.1 per cent.

Finnair reported available scheduled cargo tonne kilometres increased by 6.8 per cent YOY. Revenue scheduled cargo tonne kilometres increased by 12.6 per cent mostly driven by the strong positive cargo market development Japan. The carrier also said positive development was also seen in Finland and routes to USA.

Finnair’s total cargo capacity included also three weekly freighter flights between Helsinki and Brussels, operated by DHL. Freighter tonnage was down 45.5 per cent in October to 900 tonnes, and is down 51 per cent to 7,871 tonnes this year.

In October, tonnage to Europe was up 0.8 per cent to 2,497 tonnes but down 19.5 per cent to 17,519 tonnes in the first 10 months in 2018. North Atlantic tonnage was up 13.5 per cent to 1,000 in October and up 10.1  per cent so far this year to 8,698 tonnes.

Cargo on trade lanes to the carrier’s main focus market Asia was up 12.4 per cent in October to 11,582 tonnes and is up 12 per cent to 95,156 tonnes in the 10 months to date in 2018.

In the corresponding period last year, Finnair rented cargo space from Japan Airlines.