The SAS Group Traffic Figures November 2007

SAS Group November traffic figures
• SAS Group carried 3.3 million passengers in November, up 1.0% vs 2006.
• Total load factor was down 0.9 p.u. to 65.4%.
• SAS Group’s traffic increased by 3.1% in November and seat capacity was up by 4.5% vs 2006.

Group market trends and yield development
SAS Group carried 3.3 million passengers in November, up for the 32nd consecutive month. On a 12 months basis the Group has carried more than 41 million passengers. The Dash 8 Q400 was during November successively replaced by leased in aircraft with larger seat capacity, which had a negative impact on the Group’s load factor and particularly in Denmark and Sweden.
Yield for Scandinavian Airlines in October was up 4.5%, which was somewhat higher than earlier indicated. The yield is positively affected by good capacity control, active yield management and positive effects from the new commercial initiatives. For November 2007 the yield is expected to be in line with last year.

The market is characterized by good demand and passenger growth. The yield environment continues to be favorable and is also affected by higher fuel prices. There are still uncertainties regarding the strength of future growth as well as the competitive situation and the record high jet fuel prices.

Intercontinental traffic decreased 0.5% in November, but the load factor was up 2.8 p.u. SAS Group European traffic increased by 5.8% with a slightly lower load factor.
airBaltic’s traffic increased by strong 55.7% and with significantly improved load factor. Spanair grew by 6.2%. Widerøe’s traffic decreased by 1.8%, but with improved load factor. Blue1’s traffic decreased by 13.5%.For further information Please contact
VP,Head of SAS Group Investor Relations
Sture Stølen
+ 46 8 797 1451
sture.stolen@sas.se
Homepage: www.sasgroup.net