Finnair Cargo sees January recovery

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Finnair Airbus A350XWB in Oneworld livery

Finnair Cargo has seen volumes increase by 14.9 per cent to 10,742 tonnes in January, putting its volumes near where it was in the same month of 2014.

All areas of the world saw double digit increases compared to January 2015, with Asian tonnage rising the most, 16 per cent to 6,758 tonnes. European cargo was the next largest region at 1,764 tonnes, up 12.4 per cent. North Atlantic traffic increased by 13.8 per cent to 725 tonnes, and domestic rose by 13.9 per cent to 153 tonnes.

January 2015 had been a weak month, seeing a 17.1 per cent fall to 9,346 tonnes compared to 2014’s 11,273 tonnes.

The load factor in January 2016 also recovered, up 6.8 percentage points to 53.8 per cent. The load factor was highest in Asia, up 6.5 percentage points to 54.8 per cent, and in the North Atlantic is rose by 6.5 percentage points to 41 per cent. Scheduled cargo load factor rose by 5.7 percentage points to 51.3 per cent. In addition, Finnair’s capacity includes twice weekly freighter flights between Helsinki and Brussels and two a week shared with IAG to London, operated by DHL.

In 2015, Finnair Cargo saw cargo volumes fell by 12.4 per cent to 130,697 tonnes. Scheduled traffic fell by 1.3 per cent to 113,916 tonnes, with Europe seeing the most dramatic fall, down 8.7 per cent to 21,862 tonnes. North Atlantic was up 5.8 per cent to 8,089 tonnes and Asia increased slightly by 0.2 per cent to 82,202 tonnes.