SAS Traffic figures - September 2020
In September SAS carried 0.6 million passengers and reports a capacity reduction of 73% compared to the same period last year.
The COVID-19 pandemic continues to impact SAS’ traffic negatively. In September, the total number of passengers ended at 0.6 million, a decrease by 2.3 million, and total capacity was down by 72.7% compared to the same period last year. Demand for domestic travel continues be stronger than for European and Intercontinental traffic and SAS has adapted its network accordingly.
“Since March, when nearly all traffic was halted, we have slowly started to rebuild our network. Today SAS operates up to 380 daily flights servicing 75 destinations and I am pleased that we now have resumed our presence at mainland China after 9 months interruption. Overall demand is heavily dependent on imposed travel restrictions. In September more countries were unfortunately classified as “red”, reducing the number of passengers somewhat versus August. However, in the last six months we have seen a slow but steady recovery in demand, and in September SAS reports half a million additional passengers than in April. Looking ahead, we continue to monitor the market development and stand ready to make further adjustments in accordance with how demand evolves,” says Rickard Gustafson, CEO SAS.
| SAS scheduled traffic | Sep20 | Change1 | Nov19-Sep20 | Change1 |
| ASK (Mill.) | 1 254 | -71.3% | 21 132 | -52.0% |
| RPK (Mill.) | 448 | -86.7% | 12 802 | -60.6% |
| Passenger load factor | 35.8% | -41.5 p u | 60.6% | -13.2 p u |
| No. of passengers (000) | 595 | -78.6% | 11 723 | -54.4% |
| Geographical development, schedule | Sep20 vs. Sep19 | Nov19-Sep20 vs. Nov18-Sep19 | ||
| RPK | ASK | RPK | ASK | |
| Intercontinental | -97.3% | -84.7% | -66.8% | -57.7% |
| Europe/Intrascandinavia | -88.6% | -74.9% | -62.5% | -55.5% |
| Domestic | -56.9% | -37.3% | -40.9% | -30.6% |
| SAS charter traffic | Sep20 | Change1 | Nov19-Sep20 | Change1 |
| ASK (Mill.) | 58 | -86.6% | 979 | -72.9% |
| RPK (Mill.) | 46 | -88.6% | 843 | -74.3% |
| Load factor | 79.2% | -13.9 p u | 86.1% | -4.7 p u |
| No. of passengers (000) | 20 | -87.5% | 285 | -76.6% |
| SAS total traffic (scheduled and charter) | Sep20 | Change1 | Nov19-Sep20 | Change1 |
| ASK (Mill.) | 1 312 | -72.7% | 22 111 | -53.6% |
| RPK (Mill.) | 494 | -86.9% | 13 646 | -61.9% |
| Load factor | 37.7% | -41.0 p u | 61.7% | -13.4 p u |
| No. of passengers (000) | 614 | -79.1% | 12 008 | -55.4% |
1 Change compared to same period last year. p u = percentage units
| Preliminary yield and PASK | Sep20 | Nominal change | FX adjusted change |
| Yield, SEK | 1.25 | 19.0% | 26.1% |
| PASK, SEK | 0.45 | -44.9% | -41.7% |
| Sep20 | |||
| Punctuality (arrival 15 min) | 96.2% | ||
| Regularity | 99.4% | ||
| Change in total CO2 emissions, rolling 12 months | -50.3% | ||
| Change in CO2 emissions per available seat kilometer | -4.5% | ||
| Carbon offsetting of passenger related emissions | 37% |
Definitions:
RPK – Revenue passenger kilometers
ASK – Available seat kilometers
Load factor – RPK/ASK
Yield – Passenger revenues/RPK (scheduled)
PASK – Passenger revenues/ASK (scheduled)
Change in CO2 emissions per available seat kilometers – SAS passenger related carbon emissions divided with total available seat kilometers (incl. non-revenue and EuroBonus), rolling 12 months
Carbon offsetting of passenger related emissions – Share of SAS passenger related carbon emissions compensated by SAS (EuroBonus members, youth tickets and SAS' staff travel)
From fiscal year 2020 we report change in CO2 emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal to reduce our total CO2 emissions by 25% by 2025, compared to 2005.
For further information, please contact:
SAS press office, +46 8 797 29 44
Michel Fischier, VP Investor Relations, +46 70 997 06 73
SAS, Scandinavia’s leading airline, flies 30 million passengers to, from and within Scandinavia each year. The airline has three main hubs – Copenhagen, Oslo and Stockholm – with more than 125 destinations in Europe, USA and Asia. Spurred by a Scandinavian heritage and sustainable values, SAS aims to be the global leader in sustainable aviation. We will reduce total carbon emissions by 25 percent by 2025, for example by using more sustainable aviation fuel and our modern aircraft. In addition to flight operations, SAS offers ground handling services, technical maintenance and air cargo services. SAS is a founder member of the Star Alliance™, and together with its partner airlines offers around 19,000 daily flights to over 1,300 destinations worldwide. Learn more at https://www.sasgroup.net
This is information that SAS AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by Michel Fischier at 11:00 a.m. CEST on 7 October 2020.