SAS Group's February 2012 traffic figures

 • SAS Group carried 2.1 million passengers in February, up 6.2%.

• The SAS Group applied careful capacity management during February and increased capacity (ASK) by 4%.

• SAS Group’s traffic (RPK) increased by 4.5%.

• The passenger load factor increased by 0.3 p.u. in February to 66.9%.

Group market trends, RASK and yield development

Traffic growth continued to be good on short and medium haul routes during February as the SAS Group carefully managed its capacity to improve the load factor.

During January 2012, currency adjusted yield was down by 1.2% versus previous year and RASK was up 4.1% due to improved load factor. For February 2012, (change vs last year), the yield and RASK will be somewhat weaker than January.

The response to market campaigns is still good and forward booking levels are above last year’s level, but premium bookings are weaker on certain routes. Overall, the market growth continues to be good, but remains unpredictable due to added capacity in certain markets, risk in the global economy and continued high jet fuel prices. This adds uncertainty to the yield and RASK outlook going forward. Following the reduced capacity in January, the SAS Group plans to gradually increase the capacity in line with the seasonally stronger demand during the first quarter and in total increase the capacity by 5-6% during 2012.