SAS Traffic figures - September 2022

October 7, 2022 11:00

Regulatory information

Close to 2 million passengers traveled with SAS in September

In September 1.98 million passengers traveled with SAS, an increase of approximately 72% compared to the same month last year. SAS’ capacity increased by approximately 53% compared with the same period last year. In comparison with last month, the total number of passengers increased with 7% and capacity was decreased by 5%. The flown load factor for September was 78%, an improvement of 24 percentage points compared to September last year.

“We are pleased to see passenger numbers increasing again in September, to the highest numbers seen since the outbreak of the pandemic. We continue making SAS a financially stable airline as the transformation plan SAS FORWARD progresses. During the month we have been able to reach agreements on a large number of aircraft and equipment lease agreements, and we are grateful to those lessors who are working constructively with us. We are continuing to pursue additional lease amendments to achieve our targets”, says Anko van der Werff, President & CEO of SAS.

SAS scheduled traffic	Sep22	Change1	Nov21- Sep22	Change1
ASK (Mill.)	3,130	46.5%	28,451	100.1%
RPK (Mill.)	2,401	112.9%	19,692	211.5%
Passenger load factor	76.7%	+23.9 pp	69.2%	+24.7 pp
No. of passengers (000)	1,853	68.2%	15,195	151.9%

Geographical development, schedule	Sep22 vs. Sep21		Nov21- Sep22 vs. Nov20-Sep21
	RPK	ASK	RPK	ASK
Intercontinental	488.3%	101.8%	586.1%	123.8%
Europe/Intrascandinavia	62.7%	29.9%	195.2%	134.8%
Domestic	31.8%	23.3%	72.6%	29.0%

SAS charter traffic	Sep22	Change1	Nov21- Sep22	Change1
ASK (Mill.)	362	150.8%	2,389	353.2%
RPK (Mill.)	320	195.3%	1,988	413.5%
Load factor	88.4%	+13.3 pp	83.2%	+9.8 pp
No. of passengers (000)	126	173.5%	745	367.2%

SAS total traffic (scheduled and charter)	Sep22	Change1	Nov21- Sep22	Change1
ASK (Mill.)	3,492	53.1%	30,840	109.2%
RPK (Mill.)	2,721	120.2%	21,680	223.1%
Load factor	77.9%	+23.7 pp	70.3%	+24.8 pp
No. of passengers (000)	1,979	72.4%	15,939	157.5%

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

Preliminary yield and PASK	Sep22	Nominal change1	FX adjusted change
Yield, SEK	1.11	1.1%	-5.0%
PASK, SEK	0.85	47.0%	38.1%

			Sep22
Punctuality (arrival 15 min)			78.3%
Regularity			98.8%
Change in total CO2 emissions			110.1 %
Change in CO2 emissions per available seat kilometer,			1.7%
Carbon offsetting of passenger related emissions			37.3%

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 tickets), rolling 12 months vs rolling 12 months previous year

Carbon offsetting of passenger related emissions – Share of SAS passenger related carbon emissions compensated by SAS (EuroBonus members, youth tickets and SAS' staff travel) during the month

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 2025, compared to 2005.

For further information, please contact:

SAS press office, +46 8 797 29 44

SAS, Scandinavia’s leading airline, with main hubs in Copenhagen, Oslo and Stockholm, is flying to destinations in Europe, USA and Asia. Spurred by a Scandinavian heritage and sustainable values, SAS aims to be the global leader in sustainable aviation. We will reduce total carbon emissions by 25 percent by 2025, by using more sustainable aviation fuel and our modern fleet with fuel-efficient aircraft. In addition to flight operations, SAS offers ground handling services, technical maintenance and air cargo services. SAS is a founder member of the Star Alliance™, and together with its partner airlines offers a wide network worldwide. Learn more at https://www.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 Louise Bergström at 11:00 a.m. CEST on October 7, 2022.