SAS reports an increase of almost 90% in September over the same month last year

Scandinavian Airlines-SAS Airbus A350-941 SE-RSD (msn 418) LAX (Michael B. Ing). Image: 955425.

Scandinavian Airlines-SAS reported its traffic figures for September 2021:

Customer demand has increased further and 1.1 million passengers flew with SAS in September. This is an increase of almost 90% compared to the same month last year. Capacity increased and was 74% higher compared with September last year. The load factor for September ended at 54%, which was 17 percentage points higher than the same month last year but is impacted by longhaul, which currently is driven primarily by cargo operations.

“Travel restrictions are easing up and we instantly see higher demand. We are very pleased we transported more than a million passengers for the third consecutive month and we increase capacity accordingly. Uncertainty regarding the pandemic and future demand remains. SAS has to stay agile and flexible to be able to quickly respond to customers’ willingness to travel,” says Anko van der Werff, President & CEO of SAS.

SAS scheduled traffic Sep21 Change1 Nov20- Sep21 Change1
ASK (Mill.) 2,137 70.3% 14,216 -32.7%
RPK (Mill.) 1,127 151.4% 6,322 –50.6%
Passenger load factor 52.8% 17.0 pp 44.5% -16.1 pp
No. of passengers (000) 1,102 85.3% 6,032 -48.5%
Geographical development, schedule Sep21           vs.          Sep20 Nov20- Sep21   vs. Nov19-Sep20
RPK ASK RPK ASK
Intercontinental 356.0% 136.9% -77.0% -37.1%
Europe/Intrascandinavia 273.4% 110.1% -42.4% -37.5%
Domestic 30.0% -0.5% -31.5% -18.6%
SAS charter traffic Sep21 Change1 Nov20- Sep21 Change1
ASK (Mill.) 144 149.1% 527 -46.2%
RPK (Mill.) 108 136.2% 387 -54.1%
Load factor 75.1% -4.1 pp 73.4% -12.7 pp
No. of passengers (000) 46 133.6% 159 -44.2%
SAS total traffic (scheduled and charter) Sep21 Change1 Nov20- Sep21 Change1
ASK (Mill.) 2,281 73.8% 14,743 -33.3%
RPK (Mill.) 1,236 150.0% 6,709 -50.8%
Load factor 54.2% 16.5 pp 45.5% -16.2 pp
No. of passengers (000) 1,148 86.9% 6,191 -48.4%

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

Preliminary yield and PASK Sep21 Nominal change1 FX adjusted change
Yield, SEK 1.10 -12.5% -12.9%
PASK, SEK 0.58 29.1% 28.6%
Sep21
Punctuality (arrival 15 min) 88.1%
Regularity 98.4%
Change in total COemissions, rolling 12 months -47.4%
Change in COemissions per available seat kilometer -12.4%
Carbon offsetting of passenger related emissions 52%

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 COemissions 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.

Top Copyright Photo: Scandinavian Airlines-SAS Airbus A350-941 SE-RSD (msn 418) LAX (Michael B. Ing). Image: 955425.

SAS aircraft slide show: