Helsinki-Vantaa Airport: Finnair and LCCs drive growth

Premium Analysis

Helsinki-Vantaa Airport handled 18.9 million passengers in 2017, which was an increase of 9.9% compared with 2016 and its fifth successive year of growth since experiencing a small dip in 2012 (when traffic fell by 0.1%). Since then, its passenger growth rate has followed an accelerating path, rising to 11.9% in 1H2018, when the airport handled 10.1 million passengers and was one of Europe's fastest growing hubs.

Helsinki's importance as a hub outranks Finland's size by population among European countries. Its leading airline, Finnair, targets connecting traffic between Europe and Asia and has made Helsinki the number six European airport by seat capacity to North East Asia.

This Asia-focused long haul strategy, supported by growing two way tourist traffic between Finland and other parts of Europe (driven both by Finnair and LCC competitors) should mean that Vantaa remains a growth story.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,659 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.