2.4 million passengers traveled with SAS in November

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The number of travelers flying with SAS during November were in line with last year, whereas currency adjusted unit revenues and passenger yield increased with 1.4% and 0.8%, respectively.

SAS’ total traffic capacity increased with 0.4%, with a decrease in scheduled traffic and an increase in charter traffic as an effect of continued seasonal adaptation. Total revenue passenger kilometers (RPK) increased by 1.3%, leading to an improvement in load factor of 0.6 percentage points to 70.5%. Regularity and punctuality remained at strong levels and increased by 0.3 and 0.1 percentage points, respectively, compared to last year.

- I am pleased that our customer offering continues to be reflected in improved passenger yield and unit revenues. Our determined work to reduce climate impact is gaining interest and we are encouraged by an increasing number of passengers for example choosing to add biofuel to their booking. During the month we also launched a new packaging of our award-winning food concept. The renewed design will save over 50 tons of plastic each year and is one of many important steps toward reaching our goal of only using sustainable materials in the customer offering, says Rickard Gustafson, CEO of SAS.

SAS scheduled traffic Nov19 Change1
ASK (Mill.) 3 839 -0.3%
RPK (Mill.) 2 667 0.3%
Passenger load factor 69.5% +0.4 p.p.
No. of passengers (000) 2 314 -0.5%
Geographical development, schedule Nov19 vs. Nov18  
Intercontinental -1.5% 1.3%
Europe/Intrascandinavia 2.6% -1.2%
Domestic -1.4% -1.2%
SAS charter traffic Nov19 Change1
ASK (Mill.) 172 20.3%  
RPK (Mill.) 160 20.1%  
Load factor 93.4% -0.2 p.p.  
No. of passengers (000) 43 18.0%  
SAS total traffic (scheduled and charter) Nov19 Change1
ASK (Mill.) 4 011 0.4%
RPK (Mill.) 2 827 1.3%
Load factor 70.5% +0.6 p.p
No. of passengers (000) 2 357 -0.2%

1 Change compared to same period last year p.p. = percentage points

Preliminary yield and PASK Nov
Nominal change FX adjusted change
Yield, SEK 1.05 +1.8% +0.8%
PASK, SEK 0.73 +2.4% +1.4%
Nov 2019
Punctuality (arrival 15 min) 85.6%
Regularity 98.8%
Change in total CO2 emissions, rolling 12 months -2.7%
Change in CO2 emissions per available seat kilometer -2.0%
Carbon offsetting of passenger related emissions 48%

Definitions: RPK – Revenue passenger kilometers ASK – Available seat kilometers
Load factor – RPK/ASK
Yield – Passenger revenues/RPK (scheduled)
PASK – Passenger revenues/ASK (scheduled) Change in CO2 emissions per available seat kilometers – SAS passenger related carbon emissions divided with total available seat kilometers
(incl. non-revenue and EuroBonus), rolling 12 months
Carbon offsetting of passenger related emissions – Share of SAS passenger related carbon emissions compensated by SAS (EuroBonus members, youth tickets and SAS' staff travel) From fiscal year 2020 we report change in CO2 emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal to reduce our total CO2 emissions by 25% by 2030, compared to 2005.

For further information. please contact:

SAS press office. +46 8 797 2944

Michel Fischier. VP Investor Relations. +46 70 997 0673

SAS. Scandinavia’s leading airline. carries more than 30 million passengers annually to, from and within Scandinavia.  The airline connects three main hubs - Copenhagen. Oslo and Stockholm - with 125 destinations in Europe, the US and Asia. Spurred by a Scandinavian heritage and sustainable values, SAS will reduce total carbon emissions by 25% and operate with biofuel equivalent to equal the total consumption of fuel used to operate all domestic SAS flights, by 2030. In addition to airline operations, SAS offers ground handling services, technical maintenance and air cargo services. SAS is a founding member of Star Alliance™ and together with partner airlines offers almost 19.000 daily flights to more than 1.300 destinations around the world.

Learn more at sasgroup.net

This is information that SAS AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by Michel Fischier at 11:00 CET on 6 December 2019.


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