Nearly 2 million passengers traveled with SAS in December

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Compared to last year, the total number of passengers increased by more than 2%. Furthermore, load factor, unit revenue and passenger yield also developed favorably versus last year.

In December, the total capacity (ASK) increased by 0.9% while the revenue passenger kilometers (RPK) increased by 2.6%, driven by growth in demand on SAS scheduled traffic. As a result, the passenger load factor improved by 1.2 percentage points to 71.1%. Currency adjusted unit revenue and passenger yield increased by 3.1% and 1.2% respectively.

- It is encouraging that more customers choose to travel with SAS, enabling us to further strengthen our position in the Scandinavian market. During December, the first of eight Airbus A350s entered our fleet, and we’re delighted that our travelers within short will experience the world’s most modern and fuel-efficient long-haul aircraft. With the A350 aircraft, we reduce carbon emissions by up to 30 percent and noise by approximately 40% compared with the aircraft it replaces. Along with the new livery, the A350 is a symbol of a more sustainable and competitive future for SAS, says Rickard Gustafson, CEO of SAS.

SAS scheduled traffic Dec19 Change1 Nov19- Dec19 Change1
ASK (Mill.) 3 429 1.4% 7 268 0.5%
RPK (Mill.) 2 406 3.3% 5 073 1.7%
Passenger load factor 70.2% +1.3 p.p 69.8% +0.8 p.p.
No. of passengers (000) 1.916 2.2% 4.230 0.7%

 

Geographical development, schedule Dec19 vs. Dec18 Nov19- Dec19 vs. Nov18-Dec18
  RPK ASK RPK ASK
Intercontinental 2.3% 3.6% 0.4% 2.4%
Europe/Intrascandinavia 4.5% 0.6% 3.5% -0.3%
Domestic 2.3% -1.1% 0.2% -1.1%
         
             
SAS charter traffic Dec19 Change1 Nov19-Dec19 Change1
ASK (Mill.) 164 -8.2% 335 4.5%
RPK (Mill.) 149 -7.3% 309 5.1%
Load factor 91.0% +0.8 p.p. 92.2% +0.5 p.p.
No. of passengers (000) 0.046 -1.1% 0.089 7.3%
           

 

SAS total traffic (scheduled and charter) Dec19 Change1 Nov19- Dec19 Change1
ASK (Mill.) 3 593 0.9% 7 604 0.6%
RPK (Mill.) 2 555 2.6% 5 383 1.9%
Load factor 71.1% +1.2 p.p. 70.8% +0.9 p.p.
No. of passengers (000) 1.962 2.1% 4.318 0.8%

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

Preliminary yield and PASK   Dec
 2019
Nominal change FX adjusted change
Yield, SEK   0.95 +2.1% +1.2%
PASK, SEK   0.67 +4.0% +3.1%
           
        Dec 2019
Punctuality (arrival 15 min)       78.9%
Regularity       98.1%
Change in total CO2 emissions, rolling 12 months       -2.7%
Change in CO2 emissions per available seat kilometer       -2.3%
Carbon offsetting of passenger related emissions       46%

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 9 January 2020.

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