Finnair posts cargo tonnage rise on the back of capacity growth

posted on 10th June 2019 by Justin Burns

Finnair’s cargo traffic increased year-on-year (YOY) by 20.9 per cent in May to 15,350 tonnes and by 25.4 per cent in the first five months of 2019 to 67,167 tonnes.

The Helsinki located airline’s available scheduled cargo tonne kilometres rose YOY by 20.5 per cent and by 19.6 per cent in the first five months of the year compared to the same period in 2018.

Revenue scheduled cargo tonne kilometres increased by 16.8 per cent in May mostly driven by the positive cargo market development in Norway and United States and has grown by 20.1 per cent so far this year.

Finnair’s scheduled load factor fell 1.8 percentage points to 54.9 per cent in May but was up 0.2 percentage points to 57.3 per cent in the first five months of 2019.

Finnair’s long-haul capacity has increased in 2019 with three new A350 aircraft entering service in December 2018, in February 2019 and in April 2019. Route frequencies have been increased to Hong Kong, Osaka, Nanjing and Tokyo in Asia and Los Angeles and San Francisoc in North America.