SAS in January reports a 170% increase in traffic compared to the same month last year

In January 760,000 passengers traveled with SAS, an increase of 170% compared to the same month last year. SAS’ capacity also increased by approximately 170% compared with the same period last year. In comparison with last month, the total number of passengers decreased with almost 25% and capacity was reduced by almost 10%. The flown load factor for January was 49%, an improvement of 19 percentage points compared to January last year.

“It will come as no surprise that Omicron had an impact on customer demand during the month, with additional travel restrictions being imposed on our core markets. The overall operational environment was also negatively affected due to increased sickness rates. Winter is in general a slower season and the industry still faces uncertainties regarding the development of the pandemic and SAS must continue to respond to changes in demand. However, our longer-term outlook is that we see the demand for travel increase as restrictions ease,” says Anko van der Werff, President & CEO of SAS.

SAS scheduled traffic Jan21 Change1 Nov21- Jan22 Change1
ASK (Mill.) 2,063 157.6% 6,745 145.4%
RPK (Mill.) 982 309.8% 3,712 361.5%
Passenger load factor 47.6%         17.7pp 55.0%  25.8 pp
No. of passengers (000) 724 158.5% 3,010 201.5%
Geographical development, schedule Jan22           vs.          Jan21 Nov21- Jan22   vs.   Nov20-Jan21
RPK ASK RPK ASK
Intercontinental 944.5% 207.6% 989.0% 179.2%
Europe/Intrascandinavia 361.6% 262.4% 497.2% 292.5%
Domestic 84.0% 35.7% 102.4% 23.4%
SAS charter traffic Jan22 Change1 Nov21- Jan22 Change1
ASK (Mill.) 151 2,088.6% 327 1,492.0%
RPK (Mill.) 103 3,723.5% 241 2,975.5%
Load factor 68.0% 29.1 pp 73.6% 35.5 pp
No. of passengers (000) 34 4,704.1% 72 3,200.8%
SAS total traffic (scheduled and charter) Jan22 Change1 Nov21- Jan22 Change1
ASK (Mill.) 2,214 174.1% 7,072 155.4%
RPK (Mill.) 1,085 347.7% 3,953 386.8%
Load factor 49.0% 19.0 pp 55.9% 26.6 pp
No. of passengers (000) 758 169.9% 3,082 208.0%

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

Preliminary yield and PASK Jan22 Nominal change1 FX adjusted change
Yield, SEK 0.85 -29.1% -27.4%
PASK, SEK 0.40 12.8% 15.5%
Jan22
Punctuality (arrival 15 min) 75.2%
Regularity 97.1%
Change in total COemissions 35.2%
Change in COemissions per available seat kilometer, -8.9%
Carbon offsetting of passenger related emissions 42.8%

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 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.