The SAS Group Traffic figures April 2011

SAS Group’s April 2011 traffic figures

• SAS Group’s traffic (RPK) increased by 35.3% during April and capacity (ASK) increased 26.7% vs same period 2010, both affected by the ash cloud in April 2010.

• The passenger load factor increased by 4.7 p.u. to 74.4%.

• SAS Group carried 2.2 million passengers in April, up 44.1%

Group market trends, RASK and yield development

During March 2011, currency adjusted RASK was down 3.4% and yield was down 0.1%, in line with guidance. The improvement in yield compared with previous months reflects a positive mix, especially on the new added capacity. For April 2011, passenger yield (change vs last year) is expected to be in line with March, but due to improvement in the load factor in April as a result of ash cloud effects, RASK (change) is expected to be even higher

The market remains unpredictable, particularly RASK development due to overcapacity in certain markets and rising jet fuel prices. Scandinavian Airlines is continuously improving its customer offering and improvements in customer satisfaction have been achieved. The implementation of the cost saving program is on track.

The SAS Group will announce its 1st interim report for 2011 on 10 May at 08.00 a.m. CET.