SAS AB

08/05/2022 | Press release | Distributed by Public on 08/05/2022 03:59

SAS Traffic figures - July 2022

English
Published: 2022-08-05 11:00:00 CEST

SAS AB
Other information disclosed according to the rules of the Exchange

SAS Traffic figures - July 2022

July figures severely impacted by 15-day pilot strike

During July more than 3,700 flights were cancelled and 380000 passengers were affected by the SAS' Scandinavia pilots unions strike action that was concluded on July 19.

In July 1.3 million passengers traveled with SAS, an increase of approximately 23% compared to the same month last year. SAS' capacity increased by approximately 8% compared with the same period last year. In comparison with last month, the total number of passengers decreased with 32% and capacity was decreased by 23%, which was a result from the 15-day pilot strike. The flown load factor for July was 82%, an improvement of 21 percentage points compared to July last year.

"We sincerely apologize to our customers who were affected by the July strike. We are happy operations returned to normality again allowing us to start regaining our customers' trust. We also continue executing our restructuring plan, SAS FORWARD and filed for chapter 11 in the US on 5th of July to accelerate the transformation process that will lead to a financially stable airline, that will be able to deliver the service our customers are expecting", says Anko van der Werff, President & CEO of SAS.

SAS scheduled traffic

Jul22

Change1

Nov21- Jul22

Change1

ASK (Mill.)

2,251

-2.2%

22,086

120.6%

RPK (Mill.)

1,871

36.5%

14,767

273.3%

Passenger load factor

83.1%

23.6 pp

66.9%

27.4 pp

No. of passengers (000)

1,207

18.0%

11,631

198.9%

Geographical development, schedule

Jul22vs.Jul21

Nov21- Jul22 vs.Nov20-Jul21

RPK

ASK

RPK

ASK

Intercontinental

129.4%

-2.0%

726.8%

128.6%

Europe/Intrascandinavia

42.1%

11.4%

290.1%

192.7%

Domestic

-40.1%

-44.2%

90.2%

31.7%

SAS charter traffic

Jul22

Change1

Nov21- Jul22

Change1

ASK (Mill.)

396

152.7%

1,600

644.3%

RPK (Mill.)

304

126.8%

1,310

733.8%

Load factor

76.8%

-8.8 pp

81.9%

8.8 pp

No. of passengers (000)

118

111.3%

478

645.9%

SAS total traffic (scheduled and charter)

Jul22

Change1

Nov21- Jul22

Change1

ASK (Mill.)

2,646

7.7%

23,687

131.6%

RPK (Mill.)

2,175

44.6%

16,077

290.9%

Load factor

82.2%

21.0 pp

67.9%

27.7 pp

No. of passengers (000)

1,325

22.8%

12,110

206.1%

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

Preliminary yield and PASK

Jul22

Nominal change1

FX adjusted change

Yield, SEK

1.05

20.9%

4.1%

PASK, SEK

0.87

68.7%

61.2%

Jul22

Punctuality (arrival 15 min)

67.0%

Regularity

75.4%

Change in total CO2 emissions

118.2 %

Change in CO2 emissions per available seat kilometer,

0.8%

Carbon offsetting of passenger related emissions

32.6%

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 CO2emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal to reduce our total CO2emissions 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 August 5, 2022.


Attachments:
08057138.pdf

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