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SAS Traffic figures – January 2023

February 7, 2023 11:00
Regulatory information

1.4 million passengers traveled with SAS during January

The number of passengers traveling with SAS amounted to 1.4 million in January, an increase by 89 percent compared to the same period last year. SAS’ passenger demand continued to be strong with RPK increasing by 68 percent while capacity increased by 22 percent, compared to the same period last year. The flown load factor for January was 68 percent, an improvement by 19 percentage points compared to January last year.

“January traffic came in at 1.4 million passengers, an 89 percent increase compared to January 2022. It is a healthy figure during the winter season when we, due to our usual seasonality, see lower passenger numbers. Our flown load factor of 68 percent exceeds the pre-pandemic level of 65 percent in January 2019. We continue to make progress with SAS FORWARD and our chapter 11 process in the U.S. We recently concluded our aircraft lessor negotiations, and we expect to achieve our targeted cost reductions related to annual aircraft lease and financing costs,” says Anko van der Werff, President & CEO of SAS.
 

SAS total traffic (scheduled and charter) Jan23 Change1 Nov22- Jan23 Change1
ASK (Mill.) 2,704 22.1% 8,351 18.1%
RPK (Mill.) 1,825 68.2% 5,784 46.3%
Load factor 67.5% 18.5 pp 69.3% 13.4 pp
No. of passengers (000) 1,430 88.6% 4,566 48.2%

1 Change compared to same period last year, pp = percentage points

Geographical development, schedule Jan23           vs.          Jan22 Nov22- Jan23   vs.   Nov21-Jan22
RPK ASK RPK ASK
Intercontinental 87.8% 25.9% 81.7% 36.4%
Europe/Intrascandinavia 70.9% 26.4% 31.7% 9.8%
Domestic 61.7% 21.9% 30.9% 9.5%
Preliminary yield and PASK Jan23 Nominal change1 FX adjusted change
Yield, SEK 1.04 22.5% 16.7%
PASK, SEK 0.69 71.0% 62.9%
Jan23
Punctuality (arrival 15 min) 73.1%
Regularity 98.8%
Change in total CO2 emissions 69.3%
Change in CO2 emissions per available seat kilometer, 3.3%
Carbon offsetting of passenger related emissions 42.7%














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 tickets), rolling 12 months vs rolling 12 months previous year
Carbon offsetting of passenger related emissions – Share of SAS passenger related carbon emissions compensated by SAS (EuroBonus members, youth tickets and SAS' staff travel) during the month
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

SAS, Scandinavia’s leading airline, with main hubs in Copenhagen, Oslo and Stockholm, is flying to 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, by using more sustainable aviation fuel and our modern fleet with fuel-efficient 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 a wide network 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, through the agency of Erno Hildén, at 11 a.m. CET on February 7, 2023.

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