SAS Group traffic figures February 2007

• SAS Group carried 2,8 million passengers in February, up 2,8% vs 2006.
• Total load factor decreased 0,6 p.u. to 65,5% in February.
• SAS Group capacity increased by 0,9% in February and traffic decreased 0,1% vs 2006.

Group market trends and yield development
SAS Group number of passengers was up 2,8% vs February 2006. Capacity was up 0,9% and passenger load factor was down 0,6 p.u. to 65,5%.

Load factors are generally slightly lower while yield is positive. Yield for Scandinavian Airlines in January was up 20%, slightly higher than indicated, positively affected by good capacity control, easier comparable figures and active yield management. In February 2007 yield is expected to be positive vs last year but the increase to be somewhat lower than in January.
There are currently no indications of a slowdown of the business cycle. The total market growth is good and yield environment has improved due to positive demand. To continue to improve load factor it is necessary to continue the work with capacity management and commercial activities. There are still uncertainties regarding the strength of the cycle, the competitive situation and development of jet fuel prices. It is therefore necessary to continue with efficiency measures.
Intercontinental capacity decreased 11,7% and traffic by 14,1% in February. SAS Group European traffic increased by 6,5% due to new business models and strong market demand. Passenger load factor was slightly lower than last year.

Blue1’s traffic increased by 53,7% due to new destinations. Spanair continued to grow and traffic increased by 11,5% and load factor was up 2,3 p.u. airBaltic increased the capacity by 41,4% but it was not fully absorbed by the market and the load factor fell 6,0 p.u. vs last year.

SAS Scandinavian Airlines
• Scandinavian Airlines passenger load factor was slightly down and reached 68%.
• Total capacity was down by 5,1% in February due to seasonal adjustments.
Scandinavian Airlines International

Total intercontinental capacity was down 11,7% as one aircraft has been out of traffic due to planned maintenance. The traffic was down by 14,1% vs last year and the load factor decreased by 2,1 p.u. to 74,1%.
Scandinavian Airlines Danmark capacity was down 6,5% due to the snow storm. Traffic was down 9,2% and the passenger load factor was 64,0%.

SAS Braathens capacity was down 1% and traffic decreased 1,4% . Total load factor was slightly down to 64,6%. Traffic increased on domestic routes by 5,3%.
Scandinavian Airlines Sverige’s capacity was increased by 2,9% and traffic increased by 7,6%. On European routes traffic was up 14%. Total load factor increased by 3,0 p.u.
Punctuality (Feburary)

* 72,2% of the flights departed on time within 15 minutes
* 38,9% of the flights departed on time within 2 minutes.
* The regularity was 96,5%.
* The punctuality and regularity was negatively affected by the snow storm in Copenhagen at the end of February.

Internet bookings (January 2007)
The proportion of Internet bookings was 32,2% in January 2006.

For further information
Please contact VP,Head of SAS Group Investor Relations Sture Stølen
+ 46 8 797 1451
sture.stolen@sas.se
Homepage: www.sasgroup.net