SAS Traffic figures - December 2022

10 Jan 2023 11:00 CET

One and a half million passengers traveled with SAS during December

In December almost one and a half million passengers flew with SAS, an increase
of 50% compared to the same month last year. SAS' capacity increased by 13%
versus the same period last year. In comparison with last month, the total
number of passengers decreased with 12% and capacity was decreased by 7%. The
flown load factor for December was 72%, an improvement of 15 percentage points
compared to December last year.

"Continuing the positive trend observed during autumn, December traffic came in
1.5 million passengers, an almost 50% increase compared to December 2021. We are
concentrating on ramping up ahead of the expected busy summer season. During the
month we released our extended summer program, with 20 new routes and more than
5000 weekly flights to more than 100 destinations," says Anko van der Werff,
President & CEO of SAS.

SAS total traffic (scheduled and charter) Dec22 Change1 Nov22- Dec22 Change1
ASK (Mill.) 2,714 12.7% 5,647 16.2%
RPK (Mill.) 1,945 41.6% 3,959 38.1%
Load factor 71.7% 14.6 pp 70.1% 11.1 pp
No. of passengers (000) 1,470 47.5% 3,137 35.0%

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

Geographical Dec22           Nov22
development, vs.          - Dec2
schedule Dec21 2
vs.
Nov21
-Dec21

RPK ASK RPK ASK
Intercontinental 54.2% 33.6% 78.9% 42.4%
Europe/Intrascandi 35.4% 2.5% 19.6% 3.5%
navia
Domestic 26.5% -1.3% 20.1% 4.5%

Preliminary yield and PASK Dec22 Nominal change1 FX adjusted change
Yield, SEK 1.03 14.8% 9.1%
PASK, SEK 0.73 44.2% 37.1%

Dec22
Punctuality (arrival 15 56.2%
min)
Regularity 97.9%
Change in total CO2 77.7%
emissions
Change in CO2 emissions 2.7%
per available seat
kilometer,
Carbon offsetting of 41.5%
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 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. CET on 10 January 2023.

More information:
Access the news on Oslo Bors NewsWeb site

579896_Eng_SAS_Traffic_figures_December_2022.pdf