SAS Traffic figures - January 2023

07 Feb 2023 11:00 CET

1.4 million passengers traveled with SAS during January

The number of passengers traveling with SAS amounted to 1.4 million in January,
an increase by 89 percent compared to the same period last year. SAS' passenger
demand continued to be strong with RPK increasing by 68 percent while capacity
increased by 22 percent, compared to the same period last year. The flown load
factor for January was 68 percent, an improvement by 19 percentage points
compared to January last year.

"January traffic came in at 1.4 million passengers, an 89 percent increase
compared to January 2022. It is a healthy figure during the winter season when
we, due to our usual seasonality, see lower passenger numbers. Our flown load
factor of 68 percent exceeds the pre-pandemic level of 65 percent in January
2019. We continue to make progress with SAS FORWARD and our chapter 11 process
in the U.S. We recently concluded our aircraft lessor negotiations, and we
expect to achieve our targeted cost reductions related to annual aircraft lease
and financing costs," says Anko van der Werff, President & CEO of SAS.


[][]
SAS total traffic Jan23 Change[1] Nov22- Jan23 Change[1]
(scheduled and
charter)
ASK (Mill.) 2,704 22.1% 8,351 18.1%
RPK (Mill.) 1,825 68.2% 5,784 46.3%
Load factor 67.5% 18.5 pp 69.3% 13.4 pp
No. of passengers 1,430 88.6% 4,566 48.2%
(000)

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

Geographical Jan23           Nov22-
development, vs.          Jan23
schedule Jan22   vs.
Nov21
-Jan22
RPK ASK RPK ASK
Intercontinental 87.8% 25.9% 81.7% 36.4%
Europe/Intrascandi 70.9% 26.4% 31.7% 9.8%
navia
Domestic 61.7% 21.9% 30.9% 9.5%
[]\\\\
Preliminary yield and PASK Jan23 Nominal change[1] FX adjusted change
Yield, SEK 1.04 22.5% 16.7%
PASK, SEK 0.69 71.0% 62.9%

Jan23
Punctuality (arrival 15 73.1%
min)
Regularity 98.8%
Change in total CO\2 69.3%
\emissions
Change in CO\2 \emissions 3.3%
per available seat
kilometer,
Carbon offsetting of 42.7%
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 a.m. CET on February 7, 2023.

More information:
Access the news on Oslo Bors NewsWeb site

581518_Eng_SAS_Traffic_figures_January_2023.pdf