SAS Traffic figures - September 2022

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 Sep22           Nov21-
development, vs.          Sep22
schedule Sep21   vs.  
Nov20
-Sep21
RPK ASK RPK ASK
Intercontinental 488.3% 101.8% 586.1% 123.8%
Europe/Intrascandi 62.7% 29.9% 195.2% 134.8%
navia
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 Sep22 Change1 Nov21- Sep22 Change1
(scheduled and
charter)
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 1,979 72.4% 15,939 157.5%
(000)

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

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.