September in brief

September in brief Passenger traffic (RPK) was up 10,1% in September. Overall capacity (ASK) was up 0,7% and passenger load factor increased by 6,1 p.u. Trading conditions continued to improve in September with strong traffic growth and record improvements on capacity utilization. However, it is important to note that September 1999 was exceptionally weak. 3rd Quarter summary In summary, 3rd Quarter 2000 showed significant traffic growth and rd positive developments in passenger mix. The traffic increase in 3 Quarter 2000 as a whole was 8,6%. It must be noted that traffic in 3rd Quarter 1999 fell by 3%, resulting in 5,4% increase vs. 1998. Also, the positive development on revenues is expected to be largely offset by the increases in prices of Jet Fuel. * Total passenger traffic (RPK) increased by 10,1% in September 2000 vs. 1999. * The number of passengers increased by 6,4%. * Total Business Class traffic was up 9,5% and Economy Class was up 10,4%. * The passenger load factor increased from 65,0% to 71,0%. TOTAL SYSTEM SEP00 SEP99 CHANGE JAN-SEP00 JAN-SEP99 CHANGE ASK (Mill.) 2 881 2 863 +0,7% 25 241 24 978 +1,1% RPK (Mill.) 2 047 1 860 +10,1% 17 155 15 950 +7,6% Passenger load factor 71,0% 65,0% +6,1 p u 68,0% 63,9% +4,1 p u C-class share (RPK) 32,5% 32,7% -0,2 p u 28,2% 28,3% -0,2 p u Total no. of 2,127 2,000 +6,4% 17,493 16,455 +6,3% passengers (Mill.) p u = percentage units PASSENGER SEP 00 vs. SEP 99 JAN-SEP 00 vs. JAN-SEP 99 TRAFFIC AND CAPACITY PER ROUTE AREA (CHANGE): Traffic Capacity (ASK) Traffic Capacity (ASK) (RPK) (RPK) Intercontinenta +11,7% -0,9% +8,3% -0,3% l Europe +10,5% +4,3% +7,3% +2,3% Intra- +8,2% -1,8% +3,5% -3,0% Scandinavian 1) Denmark +0,7% -11,0% -3,6% -10,4% (domestic) Norway +2,7% -11,4% +2,4% -6,1% (domestic) Sweden +12,8% +8,8% +16,0% +14,4% (domestic) 1)Incl. Greenland Passenger Traffic and Capacity per route area - September 2000 The capacity utilization Intercontinental routes increased by 9,7 p.u. to 86,3% in September. Both the Asian routes and the routes to North America developed well. In particular the traffic to / from Beijing developed well. European showed increased passenger load factor on most routes. In particular routes to Germany, Poland and Finland developed well. Even routes to/ from the CIS are starting to recover. Intrascandinavian routes showed strong traffic growth resulting in lack of capacity during peak hours. This is particularly a problem for traffic to/ from Copenhagen both from Oslo and Stockholm. Danish domestic increased by 0,7% in September. The Greenland route showed positive development as tourism is picking up on this continent. A stabilization of traffic development was noted on Danish mainland. Total Norwegian domestic market was weak also in September. Accumulated for 2000 the total market is down approximately 2%. Increased prices, high levels of government charges are damping the overall demand. SAS traffic was up 2,7% and passenger load factor improved to 59,5 % as capacity adjustments continued on Norwegian domestic. SAS continues to gain market shares on Norwegian domestic. Swedish domestic continued to develop well in September. SAS traffic was up 12,8% and capacity was up 8,8%, affected by introduction of the new generation Boeing 737. Number of trips remained flat. Passenger load factors showed an improvement and ended at 62,9%. Financial calendar: October 9 Monthly traffic and Capacity data for September November 8 Monthly traffic and Capacity data for October rd November 9 Release of 3 Quarter 2000 For further information, please contact SAS Investor Relations: Johan Törngren + 46 (0)8 797 1707 Sture Stølen + 46 (0)8 797 1451 Per Hermansen + 45 32 32 34 11 Fax no: + 46 (0)8 85 58 76 e-mail: investor.relations@sas.se Press representatives, please contact SAS Corporate Communications +46 (0) 8 797 28 33 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/09/20001009BIT00390/bit0001.doc http://www.bit.se/bitonline/2000/10/09/20001009BIT00390/bit0002.pdf