The SAS Group Traffic Figures October 2007
SAS Group October traffic figures
• SAS Group carried 3.9 million passengers in October, up 4.8% vs 2006.
• Total load factor improved 0.1 p.u. to 72.1%.
• SAS Group’s capacity increased by 5.0% in October and traffic increased 5.1% vs 2006.
Group market trends and yield development
SAS Group carried 3.9 million passengers in October, up for the 31st consecutive month. On a 12 months basis the Group has carried more than 41 million passengers. The problems with 27 Dash 8 Q400 in October affected capacity and traffic negatively by approx 1-2 p.u. on Group level and appr 2 p.u. for Scandinavian Airlines.
Yield for Scandinavian Airlines in September was up 3%, which was slightly higher than earlier indicated. The yield is positively affected by good capacity control, active yield management and positive effects from the new commercial initiatives launched in March. For October 2007 the yield change is expected to be in line with September. The full year direct result impact from the Q400 problems is estimated to be approx. MSEK 600-700.
The market is characterized by good demand and passenger growth. The yield environment continues to be favorable. There are still uncertainties regarding the strength of future growth as well as the competitive situation and the record high jet fuel prices.For further information Please contact VP,Head of SAS Group Investor Relations
Sture Stølen + 46 8 797 1451 email@example.com