SAS Traffic figures - October 2022

08 Nov 2022 11:00 CET

Close to 2 million passengers traveled with SAS in October

In October, 1.93 million passengers traveled with SAS, an increase of
approximately 38% compared to the same month last year. SAS' capacity increased
by approximately 41% compared with the same period last year. In comparison with
last month, the total number of passengers decreased by 3% and capacity was
increased by 1%. The flown load factor for October was 75%, an improvement of 13
percentage points compared to October last year.

"We are pleased that we had almost 2 million passengers flying with us in
October, a healthy number despite a challenging macroeconomic environment. We
continue to make progress in our chapter 11-process in the U.S. We recently
announced that we have reached agreements with additional lessors to amend
existing aircraft and equipment lease agreements, which will result in cost
-savings, and which represents another step towards reaching our targets in the
SAS FORWARD plan", says Anko van der Werff, President & CEO of SAS.


[][]
SAS scheduled traffic Oct22 Change[1] Nov21- Oct22 Change[1]
ASK (Mill.) 3,237 36.6% 31,688 91.1%
RPK (Mill.) 2,365 65.9% 22,058 184.7%
Passenger load factor 73.1% +12.9 pp 69.6% +22.9 pp
No. of passengers (000) 1,834 36.0% 17,029 130.7%



Geographical Oct22   vs.  Oct21 Nov21- Oct22  vs.  Nov20-Oct21
development,
schedule
RPK ASK RPK ASK
Intercontinental 520.2% 97.1% 577.8% 120.5%
Europe/Intrascandi 20.0% 16.2% 155.9% 113.5%
navia
Domestic 17.3% 20.7% 64.8% 28.1%



[][]
SAS charter traffic Oct22 Change[1] Nov21- Oct22 Change[1]
ASK (Mill.) 295 110.3% 2,683 302.2%
RPK (Mill.) 272 124.5% 2,259 344.7%
Load factor 92.2% +5.8 pp 84.2% +8.1 pp
No. of passengers (000) 94 107.6% 839 309.6%



[][]
SAS total traffic Oct22 Change[1] Nov21- Oct22 Change[1]
(scheduled and
charter)
ASK (Mill.) 3,531 40.7% 34,371 99.2%
RPK (Mill.) 2,637 70.5% 24,317 194.5%
Load factor 74.7% +13.0 pp 70.7% +22.9 pp
No. of passengers 1,929 38.4% 17,868 135.6%
(000)

[1] Change compared to same period last year, pp = percentage points


[]\\\\
Preliminary yield and PASK Oct22 Nominal change[1] FX adjusted change
Yield, SEK 1.09 -1.4% -6.1%
PASK, SEK 0.80 19.7% 14.0%

Oct22
Punctuality (arrival 15 77.4%
min)
Regularity 98.3%
Change in total CO\2 101.2 %
\emissions
Change in CO\2 \emissions 1.8%
per available seat
kilometer
Carbon offsetting of 39.2%
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 CO\2 \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 CO\2\ emissions in total and per
Available Seat Kilometers (ASK) to align with our overall goal to reduce our
total CO\2\ 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 AllianceT, 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, through
the agency of Erno Hildén, at 11:00 a.m. CET on November 8, 2022.

More information:
Access the news on Oslo Bors NewsWeb site

575011_Eng_SAS_Traffic_figures_Oct_2022.pdf