Q3 2024 Finnair Oyj Earnings Call Transcript

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Oct 29, 2024

Oct 29, 2024 / 11:00AM GMT
Erkka Salonen - Finnair Oyj - Director of Investor Relations

Good day. Ladies and gentlemen, I'm Salonen from Finnair Investor Relations. And it's my pleasure to welcome you all to this Finnair third quarter, 2024 earnings call I have here with me, our CEO Mr Turkka and he is joined by our Co Kristian Pullola for the Q&A session.

I will now turn this call over to you to please go ahead.

Turkka Kuusisto - Finnair Oyj - CEO

Thank you. Our third quarter, 2024 we saw our comparable EBIT to fell short of the strong comparison period of last year due to lower unit revenue. However, we are still maintaining our full year expectation unchanged that I will cover later in this presentation.

When we take a bit more detailed view that how did the most important quarter and peak season materialize in our numbers. We did see that the number of passengers increased by some 9% which was pretty much aligned with our capacity increase. So, we started to see more parallel development with the number of passengers versus the capacity that we have put into the

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