SAS Traffic figures - November 2022

07 Dec 2022 11:00 CET

1.7 million passengers traveled with SAS in November

In November 1.67 million passengers traveled with SAS, an increase of
approximately 26% compared to the same month last year. SAS' capacity increased
by approximately 20% compared with the same period last year. In comparison with
last month, the total number of passengers decreased with 14% and capacity was
decreased by 17%. The flown load factor for November was 69%, an improvement of
8 percentage points compared to November last year.

"Passenger numbers are up 26%, year on year. Tracking our usual seasonality we
will see lower passenger numbers during the winter season. We keep our focus on
our transformation plan, SAS FORWARD, whilst at the same time we plan ahead.
This is why we are excited to announce network additions such as New York JFK,
as well as announcing our summer program soon", says Anko van der Werff,
President & CEO of SAS.

SAS total traffic (scheduled and charter) Nov22 Change1
ASK (Mill.) 2,933 19.7%
RPK (Mill.) 2,014 34.8%
Load factor 68.7% 7.7 pp
No. of passengers (000) 1,667 25.6%

1 Change compared to same period last year. pp = percentage points

Geographical development, schedule Nov22            vs.         Nov21
RPK ASK
Intercontinental 117.9% 52.7%
Europe/Intrascandinavia 8.5% 4.4%
Domestic 15.0% 9.8%

Preliminary yield and PASK Nov22 Nominal change FX adjusted change
Yield, SEK 1.12 5.6% 0.2%
PASK, SEK 0.75 18.6% 12.5%

Nov22
Punctuality (arrival 15 82.6%
min)
Regularity 98.5%
Change in total CO2 89.6%
emissions, rolling 12
months
Change in CO2 emissions 2.5%
per available seat
kilometer
Carbon offsetting of 42.3%
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), rolling 12 months

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

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 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 by Louise
Bergström at 11:00 a.m. CEST on December 7, 2022.

More information:
Access the news on Oslo Bors NewsWeb site

577536_Eng_SAS_Traffic_figures_Nov_2022.pdf