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The SAS Group Traffic figures December 2005

January 10, 2006 11:00

Record load factor and passengers in 2005
• SAS Group carried 34,9 million passengers 2005 and reached a full year record load factor of 66,5%
• SAS Group load factor for December was up 7,8 p.u. to a record 65,1%.
• Total passenger traffic (RPK) increased by 15,5% in December 2005 vs 2004.
• The SAS Group transported 2,6 million passengers in December 2005, an increase of 19,4%.
• Yield for November decreased by 4,9%.

Group market trends and yield development
SAS Group traffic developed well during 2005 with a traffic increase of 6,8%. Number of passengers carried increased by 8,0% to 34,9 million for 2005 as a whole.
Traffic (RPK) for December month increased by a strong 15,5%. With capacity (ASK) up only 1,6% this gave an improved load factor of 7,8 p.u. to 65,1%. Number of passengers increased by 19,4% positively affected by the introduction of new business models as from September 1.

The trend with decreasing yield being offset by improved passenger load factor continued in December. Yield for Scandinavian Airlines in November was down 4,9% compared with 2004. Yield for December is expected to be approximately in line with November.
Some signs of reduced capacity in the marketplace have emerged, but overall and due to the situation with continued overcapacity, high jet fuel prices and the competitive situation with many price initiatives in many markets the outlook remains cautious.

Intercontinental traffic was marginally down in December, but load factor improved. SAS Group European traffic increased by 33,5% and passenger load factor increased by 11,6 p.u. primarily due to the introduction of new business models and weak comparative figures for Spanair. Spanair’s traffic was up 38,1% and load factor increased by 9,8 p.u. to 59,5%. Blue1 in Finland continued to grow and traffic increased by 17,0%. airBaltic continued to grow and traffic was up 77,7% driven by strong growth both from Riga and Vilnius.

Scandinavian Airlines Businesses
• Scandinavian Airlines passenger load factor increased by 8,2 p.u. to 67,4%.
• Load factor on European routes increased 13,9 p.u. to 64,8%.
The introduction of Scandinavian Airlines new business model has been positively received in the market. Traffic on European routes in December increased by 13,7%. Traffic on intrascandinavian routes was up by a strong 14,0% and load factor increased by 8,6 p.u. to 57,0%.

Scandinavian Airlines International
Total intercontinental traffic was down 1,0% vs last year. Capacity was reduced by 4,1% due to one less aircraft on Atlantic routes. Asian traffic increased by 4% and capacity was flat resulting in improved load factor. Capacity on North Atlantic routes was reduced by 6% resulting in lower volumes. Total load factor was up 2,3 p.u. to 76,1%.For further information Please contact VP,Head of SAS Group Investor Relations Sture Stølen
+ 46 8 797 1451 Homepage:

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