Tag Archives: Scandinavian Airlines-SAS

Where SAS will fly to in spring and summer

Scandinavian Airlines-SAS has made this announcement:

SAS opens 180 direct routes from Scandinavia to Europe in its spring and summer traffic programs, assuming travel restrictions have eased. In addition to reopening several routes, new destinations such as Stockholm-Barcelona, Oslo-Pharo and Copenhagen-Larnaca are also launched.

Demand for air travel is increasing a little further down the line, especially to warmer destinations. SAS will therefore introduce more departures to several destinations around the Mediterranean. Even with the current tight travel restrictions due to COVID-19, there is hope that these will ease as vaccination rates increase and spread of infection in society goes down.

SAS will increase capacity on all domestic routes accordingly, as well as within the Nordic and to major cities in Northern Europe, to meet an increase in demand for leisure as well as business travel.

SAS opens 180 direct routes from Scandinavia to Europe in its spring and summer traffic programs.

We continuously update our traffic program so that you can explore the world again. Demand for air travel is increasing a little further down the line, especially to warmer destinations. SAS are therefore introducing more departures to several destinations around the Mediterranean. Below you can find all the destinations we fly to in the upcoming months. Please be aware that travel and entry restrictions may apply for some destinations.

My airport
Copenhagenย 
New Yorkย 
Londonย 
Tallinnย 
Dublinย 
Amsterdamย 
Parisย 
Brusselsย 
Frankfurtย 
Osloย 
Stockholmย 
Hamburgย 

SAS reports less passengers in January as a direct consequence of increased travel restrictions

Scandinavian Airlines-SAS issued this traffic report for January 2021:

During January, 280,000 passengers flew with SAS, a decrease of 28% compared to December, when demand was higher during the holidays. Compared to January last year, the number of passengers decreased by some 85%. Compared to December, SAS’ capacity decreased by 15%, which corresponds to a decrease of almost 78% compared to last year. The load factor was 30%, a decrease of about 3 percentage points compared to December and 37 percentage points in comparison to last year.

โ€œDuring January, new travel restrictions have been introduced at short notice in Scandinavia and the rest of the EU. This means that as of February 1, all SASโ€™ international destinations have either requirement for quarantine, requirements for a negative PCR test or a general entry ban for non-residents. Reintroduced and extended travel restrictions have significantly reduced the demand for air travel and has forced SAS to adapt both the offered destinations and departures to the prevailing conditions. The increased restrictions mean that we estimate that demand, and thus our capacity, will remain at low levels for the rest of the winter seasonโ€ says Rickardย Gustafson, CEO SAS.

SAS scheduled traffic Jan21 Change1 Nov20-ย Jan21 Change1
ASK (Mill.) 801 -77.1% 2 748 -74.5%
RPK (Mill.) 240 -89.5% 804 -89.1%
Passenger load factor 29.9% -35.7 p u 29.3% -39.2 p u
No. of passengers (000) 280 -85.2% 998 -83.7%
Geographical development, schedule Jan21ย ย ย ย ย ย ย ย ย ย  vs.ย ย ย ย ย ย ย ย ย  Jan20 Nov20-ย Jan21ย ย ย ย vs.ย ย  Nov19-Jan20
RPK ASK RPK ASK
Intercontinental -96.4% -81.2% -96.4% -80.5%
Europe/Intrascandinavia -90.4% -83.9% -90.7% -83.2%
Domestic -72.6% -53.2% -69.1% -41.6%
SAS charter traffic Jan21 Change1 Nov20-ย Jan21 Change1
ASK (Mill.) 7 -95.8% 21 -95.9%
RPK (Mill.) 3 -98.2% 8 -98.3%
Load factor 38.9% -53.8 p u 38.1% -54.3 p u
No. of passengers (000) 1 -98.7% 2 -98.5%
SAS total traffic (scheduled and charter) Jan21 Change1 Nov20-ย Jan21 Change1
ASK (Mill.) 808 -77.9% 2 769 -75.4%
RPK (Mill.) 242 -90.1% 812 -89.6%
Load factor 30.0% -36.9 p u 29.3% -40.2 p u
No. of passengers (000) 281 -85.5% 1,001 -84.0%

1ย Change compared to same period last year. p u = percentage units

Preliminary yield and PASK Jan21 Nominal change FX adjusted change
Yield, SEK 1.20 22.6% 29.8%
PASK, SEK 0.36 -44.1% -40.9%
Jan21
Punctuality (arrival 15 min) 72.8%
Regularity 98.4%
Change in total CO2ย emissions, rolling 12 months -73.8%
Change in CO2ย emissions per available seat kilometer -7.5%
Carbon offsetting of passenger related emissions 43%

Definitions:

RPK โ€“ Revenue passenger kilometers
ASK โ€“ Available seat kilometers
Load factor โ€“ RPK/ASK
Yield โ€“ Passenger revenues/RPK (scheduled)
PASK โ€“ Passenger revenues/ASK (scheduled)
Change in CO2ย emissions per available seat kilometers โ€“ SAS passenger related carbon emissions divided with total available seat kilometers (incl. non-revenue and EuroBonus), rolling 12 months
Carbonย offsettingย ofย passengerย relatedย emissions โ€“ 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 CO2ย emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal to reduce our total CO2ย emissions by 25% by 2025, compared to 2005.

SAS and Apollo extend partnership in record contract

Scandinavian Airlines-SAS made this announcement:

SAS and Apollo are expanding their partnership regarding charter flights in a contract which covers three summer and three winter seasons through to 2024, with an option for an extension of a further two years to 2026. The partnership with Apollo represents SASโ€™ largest contract with a charter operator and is worth around SEK 3.4 billion over the first three years.

The contract means SAS remains the main partner for Apolloโ€™s charter flights from Scandinavia for the duration of the contract. SAS will fly Apollo customers to and from 24 locations across Sweden, Denmark and Norway to 51 destinations around Europe. Apollo will also become SASโ€™ largest partner on the charter side.

Many of the charter flights will be flown using the brand-new Airbus A320 aircraft, with SASโ€™ new design both inside the cabins and outside. In recent years, SAS has renewed its fleet and replaced older aircraft with newer designs with more fuel-efficient engines, thereby also cutting its carbon dioxide emissions.

โ€œHere at Apollo, we see a bright future and weโ€™re convinced that travel will start to pick up again soon. It therefore feels like a very positive step forward to have signed a contract with SAS which will secure our partnership for the coming years. SASโ€™ focus on sustainable travel, reliable deliveries and many weekend departures means that Apollo can safely focus on doing what we do best: creating the very best holiday experiences for our customers,โ€ says Leif Vase Larsen, CEO Northern Europe at DER Touristik Nordic AB.

SAS reports increased passenger numbers compared to November driven by holiday travel

SAS made this announcement:

Almost 400,000 passengers flew with SAS during December, an increase of 18% compared to last month, but a decline by 80% year over year. At the same time SAS reduced its capacity by 6% compared to November, which corresponds to a reduction of 74% compared to last year. The load factor came in at 33%, an increase of some 8 percentage units (p.u.) compared to the previous month, but down 38 p.u. compared to last year. The increase in passengers and load factor compared to November is mainly driven by an increased demand for domestic travel during the holiday season.

โ€œThe overall demand continues to be heavily impacted by continued restrictions, with holiday travel significantly below normal levels in December. SAS continues to adapt its capacity according to the demand, that is expected to stay at low levels throughout the winter season. However, weโ€™re encouraged by the recent vaccine developments and initiated COVID-19 vaccination programs, providing a foundation for a future normalization of our industryโ€ says Rickardย Gustafson, CEO SAS.

In other news, the President and CEO of SAS, Rickard Gustafson, has decided to leave SAS after 10 years. He will leave the company, at the latest, on July 1, 2021.

Chairman Carsten Dilling comments:

โ€œIโ€™m both disappointed and sorry that Rickard wants to move on from his important role in SAS. At the same time on behalf of the Board of SAS, I want to thank Rickard for his fantastic performance during his ten years as President and CEO. Under Rickardโ€™s management SAS has made a remarkable turnaround, from loss to several years of profitable performance. Recently he has led the company with safe hands in the first part of the toughest crisis in the companyโ€™s 75 year history, the pandemic.

Most of all, Rickard will be remembered for his excellent leadership in SASโ€™s sustainability initiatives, which was the starting point for a new sustainability era in the whole aviation industry.โ€

President and CEO Rickard Gustafson comments:

โ€œAfter ten intense and stimulating years, the time has come for me to pass on the baton to the next CEO of SAS during the first half of 2021, as I have accepted an opportunity to join one of Swedenโ€™s largest industrial groups. SAS has a strong position in the Scandinavian market and is well positioned to lead the aviation industry toward a more sustainable future once the pandemic is under control. I would like to express my sincere gratitude to all esteemed colleagues, customers and other stakeholders in SAS for their engagement, loyalty and support over the years. SAS is a fantastic organization with extraordinary people that will ensure that SAS remains an important and integrated part of the Scandinavian infrastructureโ€.

โ€œSAS is still in a critical – but stable position – and the board has of course immediately started the process to appoint a new President and CEO of SASโ€, Dilling concludes.

SAS scheduled traffic Dec20 Change1 Nov20-Dec20 Change1
ASK (Mill.) 946 -72.4% 1 947 -73.2%
RPK (Mill.) 313 -87.0% 565 -88.9%
Passenger load factor 33.1% -37.1 p u 29.0% -40.8 p u
No. of passengers (000) 388 -79.7% 718 -83.0%
Geographical development, schedule Dec20ย ย ย ย ย ย ย ย ย ย ย  vs.ย ย ย ย ย ย ย ย ย  Dec19 Nov20-Dec20ย ย ย vs. Nov19-Dec19
RPK ASK RPK ASK
Intercontinental -95.7% -79.6% -96.4% -80.2%
Europe/Intrascandinavia -88.9% -80.7% -90.9% -82.9%
Domestic -61.6% -35.7% -67.4% -35.9%
SAS charter traffic Dec20 Change1 Nov20-Dec20 Change1
ASK (Mill.) 6 -96.6% 14 -95.9%
RPK (Mill.) 2 -98.7% 5 -98.3%
Load factor 35.2% -55.7 p u 37.7% -54.6 p u
No. of passengers (000) 1 -98.9% 1 -98.3%
SAS total traffic (scheduled and charter) Dec20 Change1 Nov20-Dec20 Change1
ASK (Mill.) 951 -73.5% 1 961 -74.2%
RPK (Mill.) 315 -87.7% 570 -89.4%
Load factor 33.1% -38.0 p u 29.1% -41.7 p u
No. of passengers (000) 389 -80.2% 720 -83.3%

1ย Change compared to same period last year. p u = percentage units

Preliminary yield and PASK Dec20 Nominal change FX adjusted change
Yield, SEK 1.26 32.9% 39.6%
PASK, SEK 0.42 -37.4% -34.2%
Dec20
Punctuality (arrival 15 min) 82.0%
Regularity 97.4%
Change in total CO2ย emissions, rolling 12 months -68.3%
Change in CO2ย emissions per available seat kilometer -6.5%
Carbon offsetting of passenger related emissions 44%

Definitions:

RPK โ€“ Revenue passenger kilometers
ASK โ€“ Available seat kilometers
Load factor โ€“ RPK/ASK
Yield โ€“ Passenger revenues/RPK (scheduled)
PASK โ€“ Passenger revenues/ASK (scheduled)
Change in CO2ย emissions per available seat kilometers โ€“ SAS passenger related carbon emissions divided with total available seat kilometers (incl. non-revenue and EuroBonus), rolling 12 months
Carbonย offsettingย ofย passengerย relatedย emissions โ€“ 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 CO2ย emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal to reduce our total CO2ย emissions by 25% by 2025, compared to 2005.

SAS reports reinforced travel restrictions has led to reduced demand and capacity in November

Scandinavian Airlines-SAS has issued this traffic report:

In the month of November 331,000 passengers flew with SAS, a decline by 86% year over year and 45% compared to the previous month. At the same time SAS reduced its capacity by 75% compared to last year and by 20% compared to October.

The load factor came in at 25.3%, down some 45 percentage points (p.p) compared to last year and 13 p.p. compared to October. The decline in number of passengers and load factor was driven by the accelerated number of reported COVID-19 cases across Europe, resulting in renewed travel restrictions followed by a significant drop in demand, also for domestic travel.

In addition, we have noted an increased number of no-show passengers in November, impacting the load factor negatively versus the previous month. Furthermore, as we have gradually reduced our European and Scandinavian capacity, intercontinental traffic sustained by cargo revenues, have a larger proportional share of the reported load factor, and thus impacting comparison with the previous month negatively.

โ€œThe sharp increase in the number COVID-19 cases, reintroduced travel restrictions and recommendations for social distancing, instantly impacted overall demand and willingness to travel. Even though SAS quickly responded by reducing offered capacity, unavoidable lead time from implemented crew rosters and adherence to local furlough schemes, unfortunately created some unbalance between capacity and demand during the month. However, entering into December, we have made further adjustments to adapt our capacity with available demand for Scandinavian connectivityโ€ says Rickardย Gustafson, CEO SAS.

SAS scheduled traffic Nov20 Change1
ASK (Mill.) 1 001 -73.9%
RPK (Mill.) 252 -90.6%
Passenger load factor 25.1% -44.3 p u
No. of passengers (000) 330 -85.7%
Geographical development, schedule Nov20ย ย ย ย ย ย ย ย ย ย ย  vs.ย ย ย ย ย ย ย ย  Nov19
RPK ASK
Intercontinental -97.1% -80.8%
Europe/Intrascandinavia -92.6% -84.9%
Domestic -72.3% -36.0%
SAS charter traffic Nov20 Change1
ASK (Mill.) 8 -95.3%
RPK (Mill.) 3 -98.0%
Load factor 39.3% -54.1 p u
No. of passengers (000) 1 -97.7%
SAS total traffic (scheduled and charter) Nov20 Change1
ASK (Mill.) 1 009 -74.8%
RPK (Mill.) 255 -91.0%
Load factor 25.3% -45.2 p u
No. of passengers (000) 331 -86.0%

1ย Change compared to same period last year. p u = percentage units

Preliminary yield and PASK Nov20 Nominal change FX adjusted change
Yield, SEK 1,65 57,6% 64,7%
PASK, SEK 0,41 -43,0% -40,4%
Nov20
Punctuality (arrival 15 min) 94.6%
Regularity 98.4%
Change in total CO2ย emissions, rolling 12 months -63.1%
Change in CO2ย emissions per available seat kilometer -6.0%
Carbon offsetting of passenger related emissions 32%

Definitions:

RPK โ€“ Revenue passenger kilometers
ASK โ€“ Available seat kilometers
Load factor โ€“ RPK/ASK
Yield โ€“ Passenger revenues/RPK (scheduled)
PASK โ€“ Passenger revenues/ASK (scheduled)
Change in CO2ย emissions per available seat kilometers โ€“ SAS passenger related carbon emissions divided with total available seat kilometers (incl. non-revenue and EuroBonus), rolling 12 months
Carbonย offsettingย ofย passengerย relatedย emissions โ€“ 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 CO2ย emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal to reduce our total CO2ย emissions by 25% by 2025, compared to 2005.

SAS aircraft slide show:

SAS loses $235 million in the third quarter, will early retire 21 aircraft

Scandinavian Airlines-SAS reported a significant loss in the third quarter due to surging COVID-19 pandemic:

FULL-YEAR FINANCIALS SIGNIFICANTLY IMPACTED BY THE ONGOING PANDEMIC

AUGUST 2020โ€“OCTOBER 2020

  • Revenue: MSEK 3,035 (13,435)
  • Income before tax (EBT): MSEK -3,271 (1,096)
  • Income before tax and items affecting comparability: MSEK -3,043 (1,226)
  • Net income for the period: MSEK -2,579 (861)
  • Earnings per common share: SEK -4.46 (2.19)

SIGNIFICANT EVENTS DURING THE QUARTER

  • SAS completed a successful recapitalization adding SEK 12 billion in liquidity and SEK 14.25 billion in strengthened equity
  • SAS repays a SEK 3.3 billion revolving credit facility agreement in accordance with its terms

NOVEMBER 2019โ€“OCTOBER 2020

  • Revenue: MSEK 20,513 (46,112)
  • Income before tax (EBT): MSEK -10,151 (794)
  • Income before tax and items affecting comparability: MSEK -8,619 (786)
  • Net income for the period: MSEK -9,275 (621)
  • Earnings per common share: SEK -21.55 (1.54)

COMMENTS BY THE CEO

Since the beginning of 2020, the coronavirus has changed the fundamentals for the aviation industry through globally imposed travel restrictions and general travel concerns among the broader population. Naturally, SAS is no exception, and our quarterly and fiscal year earnings were severely impacted by the ongoing pandemic. After seeing demand slowly improve during the summer, an accelerated number of COVID-19 cases in September and October unfortunately led to reinforced restrictions across Europe with reduced demand as a direct consequence.

SEVERE NEGATIVE IMPACT FROM THE PANDEMIC

The ongoing COVID-19 pandemic has led to a decrease in total revenue of over 77% compared to same quarter last year. To mitigate the revenue shortfall, we continued to deliver on our cost reduction initiatives and total operating expenses were reduced by 53% year-on-year to SEK 5.8 billion. However, the current limited demand for travel precludes positive earnings, which ended at negative SEK 3 billion, down SEK 4.3 billion on last year.

Following a successful recapitalization process, our cash position remains strong at SEK 10.2 billion at the end of the quarter. Cash flow from operating activities ended at negative SEK 2.9 billion. This was within the previously communicated range taking the increased pace of refunds to our customers into account.

The full fiscal year 2020 was of course also heavily impacted by the pandemic. Since March, most of our traffic has been temporarily paused, and demand hasnโ€™t yet returned to anywhere near the previous yearโ€™s levels. This led to a decline in revenue of 55% to SEK 20.5 billion, in part mitigated by a 37% reduction in costs due to a lower variable cost and an exhaustive cost reduction program. Still, full-year earnings declined SEK 9.4 billion to negative SEK 8.6 billion.

RENEWED RESTRICTIONS SLOWED DEMAND RECOVERY

There were signs of a demand recovery during the summer season, but as the number of observed COVID-19 cases in Europe and North America accelerated in September and October, renewed travel restrictions reversed a positive trajectory.ย  At the beginning of the fourth quarter, some 40% of SASโ€™ pre-COVID markets were under travel restrictions, growing to over 65% by the end of the quarter.

To adapt to the recent developments, SAS had to gradually reduce offered seat capacity to well below 40% by the end of October. However, SAS is maintaining the backbone of the aviation infrastructure in Scandinavia, with a significantly broader offering to, from and within Scandinavia than any other carrier.

ACCELERATED PACE OF CUSTOMER REFUNDS

At the end of the quarter, we launched a set of initiatives to improve the refund lead time, including automated self-service options for travel agents and consumers, robots to tackle the backlog and hiring additional resources to handle more complex cases. Weโ€™re pleased to see that our efforts have significantly improved an otherwise unsatisfactory situation. During the quarter, SEK 1 billion was repaid for canceled flights, which is an increase of more than 50% compared to the previous quarter. However, we will not rest until all rightful claims have been settled, amounting to approximately SEK 0.9 billion as of 1 December. I would like to take this opportunity to apologize to all customers who have experienced unsatisfactory lead times, caused by an unprecedented situation for the whole airline industry.

SECURING COST-EFFECTIVE OPERATIONS

Capability and flexibility to scale capacity up or down to mirror the current volatile demand is of utmost importance to preserve liquidity and avoid unnecessary cost. Available furlough (temporary layoff) schemes across Scandinavia are therefore of significant importance as they provide a foundation for more disciplined capacity management to offset volatility in demand. We welcome the fact that the existing schemes have been extended in all three Scandinavian countries, as it enables us to maintain flexibility in capacity planning and in our operating procedures.

Even though we constantly monitor demand and adapt our capacity accordingly, travel restrictions are imposed instantly while capacity adjustments require some operational lead time. Consequently, we noted a ten-percentage-point reduction in the cabin factor and somewhat higher operational costs in the fourth quarter compared to the previous quarter.

However, we negotiated new and more flexible terms with our regional production partners during the quarter, shifting more costs from fixed to variable, and thereby allowing for better alignment between offered capacity and available demand.

Furthermore, we have initiated the process to phase out 21 of our older and less fuel-efficient aircraft at an earlier stage than originally planned, including 15 Boeing 737NG, five Airbus A340 and one Airbus A330 aircraft. The accelerated phase-out will support liquidity through the sales of aircraft and engines, as well as reduce spend on maintenance and leasing. Together with the agreement with Airbus on deferred deliveries of new aircraft, it will also better align our fleet with current and expected demand. The accelerated phase-out will also contribute to lower emissions. Over the last 12 months, our total CO2 emissions have decreased 57.2%, where the majority is related to reduced capacity as a consequence of the pandemic, but usage of more efficient aircraft connected to our ongoing fleet renewal has also contributed with 2.3 percentage points, in line with our ambitious target to reduce total CO2 emissions 25% by 2025.

Scandinavian Airlines-SAS Boeing 737-783 WL LN-RRB (msn 32276) ZRH (Rolf Wallner). Image: 952158.

Above Copyright Photo: Scandinavian Airlines-SAS Boeing 737-783 WL LN-RRB (msn 32276) ZRH (Rolf Wallner). Image: 952158.

In addition, the initiatives implemented since the second quarter, including renegotiated contracts with our major suppliers and halting all non-necessary spend on e.g., marketing, product and IT development, have also further reduced cash burn and overall spend.

We have also remained resilient in our endeavor to secure long-term efficiency gains. The 5,000 redundancies, which were announced in the second quarter, have now been finalized, and as of November 1, 2020, a new organization reflecting the reduced number of positions was fully operational.

We have also advanced the dialogue with our unions to secure additional long-term productivity improvements. In the fourth quarter, a number of changes to local agreements have been implemented and two new agreements securing the required productivity uplift were reached, one with our SAS Ireland crew and one with employees at the technical department in Copenhagen.

SUCCESSFUL RECAPITALIZATION FINALIZED

By the end of the quarter, our recapitalization initiative was finalized, raising SEK 12 billion in new liquidity and 14.25 billion in equity.

According to the terms of the utilized SEK 3.3 billion state guaranteed revolving credit facility, it was repaid in full by the end of the quarter. Following the completed rights issue, we aim to apply for the Norwegian state guaranteed term loan and to explore additional options to preserve a strong liquidity, such as aircraft financing.

To illustrate the value of Scandinaviaโ€™s largest loyalty program, EuroBonus, we transferred it to a separate entity in which we will continue to further strengthen the relationship with our customers.

The finalized recapitalization, followed by additional initiatives to manage liquidity, makes SAS prepared for a tough winter season and a challenging fiscal year 2021, that most likely will be loss making. I am grateful for the support that our largest owners, the governments of Denmark and Sweden, and the Knut and Alice Wallenberg Foundation, have demonstrated throughout this recapitalization process. I am also thankful for the support and trust demonstrated by individual and institutional investors by participating in the rights issue, despite the challenging times that the aviation industry is currently undergoing.

LOOKING AHEAD

Until demand returns and the world recovers from the COVID-19 pandemic, we will continue to persistently execute on our business plan and thereby return to a sustainable position both financially and environmentally.

Even though weโ€™re encouraged by the recent progress related to the development and distribution of COVID-19 vaccines, demand remains uncertain and makes it impossible to provide any guidance on the financial performance for the coming fiscal year. However, we expect weak operating cashflow in the first quarter of 2021 due to low demand during the winter season combined with accelerated refunds. Our view continues to be that the ramp-up phase for the airline industry will last until 2022 before demand can reach more normalized levels, with a return to pre COVID-19 levels a few years thereafter.

I would like to express my sincere appreciation to all colleagues at SAS for their fighting spirit and dedication during this turbulent year and I know that all of us are looking forward to once again welcoming our travelers onboard!

Rickard Gustafson,

President and CEO

Stockholm, December 3, 2020

SAS aircraft photo gallery:

SAS announces its destinations during the holiday season

Scandinavian Airlines-SAS has made this announcement:

From mid-December to mid-January, SAS will fly all domestic routes in Norway and Sweden, as well as domestic routes in Denmark except for Billund. SAS continues to fly its routes between the Scandinavian capitals and is reopening a number of routes to Europe. The routes to New York, Chicago, San Francisco, Washington and Shanghai will continue to operate.

SAS will offer a total of 129 routes to 82 destinations, including major cities such as Berlin, London, Paris, Rome and Athens.

From Norway, SAS is reopening direct routes between Norway and Europe, and will fly 20 direct routes to the continent.

The traffic program has been reduced compared with a normal year, and fewer tickets will be available than usual. SAS urges customers to plan their travel well in advance to ensure they can get tickets for their preferred departures. SAS wishes to note that the traffic program may be amended if travel restrictions are introduced which indicate that routes should be cancelled.

Read more about SASโ€™ traffic program here

We know that flexibility is important for our travelers in these turbulent times and have consequently introduced more flexible rebooking options. Our travelers can cancel their trip until 72 hours before departure and get a SAS Travel Voucher that is valid as payment on all SAS destinations. This offer applies for all international travel. SAS also offers rebooking free of charge for all international flights until 72 hours before departure. All trips booked through SAS are refundable within 24 hours of purchase, regardless of ticket type.

Read more about SAS Flexible Booking

The safety of our passengers and employees is SASโ€™ primary concern and travelling by air is very safe, also with regards to infection control. SAS has introduced a range of measures to ensure that passengers feel safe when travelling with SAS. For example, procedures have been introduced for extra onboard cleaning, new boarding procedures and the mandatory wearing of face masks on board during the journey. Research has shown that the likelihood of being infected on board an aircraft is microscopic, partly because the dry air on board is filtered every three minutes.

Read more about safe travel with SAS

Intercontinental

CPH-PVG ย ย ย ย ย ย ย ย ย ย  Copenhagen-Shanghai

CPH-EWR ย ย ย ย ย ย ย ย ย  Copenhagen-New York

CPH-IAD ย ย ย ย ย ย ย ย ย ย ย  Copenhagen-Washington DC

CPH-ORD ย ย ย ย ย ย ย ย ย  Copenhagen-Chicago

CPH-SFO ย ย ย ย ย ย ย ย ย ย  Copenhagen-San Francisco

Routes from Norway to Europe

OSL-ALC ย ย ย ย ย ย ย ย ย ย ย  Oslo-Alicante

OSL-AMS ย ย ย ย ย ย ย ย ย ย  Oslo-Amsterdam

OSL-BER ย ย ย ย ย ย ย ย ย ย ย  Oslo-Berlin

OSL-BRU ย ย ย ย ย ย ย ย ย ย  Oslo-Brussels

OSL-DUS ย ย ย ย ย ย ย ย ย ย  Oslo-Dรผsseldorf

OSL-FRA ย ย ย ย ย ย ย ย ย ย ย  Oslo-Frankfurt

OSL-GDN ย ย ย ย ย ย ย ย ย ย  Oslo-Gdansk

OSL-HAM ย ย ย ย ย ย ย ย ย  Oslo-Hamburg

OSL-KBP ย ย ย ย ย ย ย ย ย ย ย  Oslo-Kiev

OSL-KEF ย ย ย ย ย ย ย ย ย ย ย  Oslo-Reykjavik

OSL-LHR ย ย ย ย ย ย ย ย ย ย ย  Oslo-London

OSL-LPAย ย ย ย ย ย ย ย ย ย ย ย  Oslo-Las Palmas

OSL-MAN ย ย ย ย ย ย ย ย ย  Oslo-Manchester

OSL-MUC ย ย ย ย ย ย ย ย ย  Oslo-Munich

OSL-VNO ย ย ย ย ย ย ย ย ย ย  Oslo-Vilnius

OSL-WAW ย ย ย ย ย ย ย ย  Oslo-Warsaw

OSL-ZRH ย ย ย ย ย ย ย ย ย ย  Oslo-Zรผrich

SVG-ABZ ย ย ย ย ย ย ย ย ย ย ย  Stavanger-Aberdeen

SVG-WAW ย ย ย ย ย ย ย ย  Stavanger-Warsaw

Routes from Denmark to Europe

CPH-AGP ย ย ย ย ย ย ย ย ย ย  Copenhagen-Malaga

CPH-ALCย ย ย ย ย ย ย ย ย  ย  Copenhage-Alicante

CPH-AMSย ย ย ย ย ย ย ย ย ย  Copenhagen-Amsterdam

CPH-ATH ย ย ย ย ย ย ย ย ย ย  Copenhagen-Athens

CPH-BER ย ย ย ย ย ย ย ย ย ย  Copenhagen-Berlin

CPH-BHX ย ย ย ย ย ย ย ย ย ย  Copenhagen-Birmingham

CPH-BRU ย ย ย ย ย ย ย ย ย  Copenhagen-Brussels

CPH-CDG ย ย ย ย ย ย ย ย ย ย  Copenhagen-Paris

CPH-DUS ย ย ย ย ย ย ย ย ย ย  Copenhagen-Dรผsseldorf

CPH-FAO ย ย ย ย ย ย ย ย ย ย  Copenhagen-Faro

CPH-FCOย ย ย ย ย ย ย ย ย ย ย  Copenhagen-Rome

CPH-FRA ย ย ย ย ย ย ย ย ย ย  Copenhagen-Frankfurt

CPH-GDN ย ย ย ย ย ย ย ย ย  Copenhagen-Gdansk

CPH-GVA ย ย ย ย ย ย ย ย ย ย  Copenhagen-Geneva

CPH-HAM ย ย ย ย ย ย ย ย  Copenhagen-Hamburg

CPH-KEF ย ย ย ย ย ย ย ย ย ย ย  Copenhagen-Reykjavik

CPH-LHR ย ย ย ย ย ย ย ย ย ย  Copenhagen-London

CPH-LPA ย ย ย ย ย ย ย ย ย ย ย  Copenhagen-Las Palmas

CPH-MANย ย ย ย ย ย ย ย ย  Copenhagen-Manchester

CPH-MIL ย ย ย ย ย ย ย ย ย ย ย  Copenhagen-Milan

CPH-MUC ย ย ย ย ย ย ย ย ย  Copenhagen-Munich

CPH-NCE ย ย ย ย ย ย ย ย ย ย  Copenhagen-Nice

CPH-OTPย ย ย ย ย ย ย ย ย  Copenhagen-Bucaresti

CPH-PLQ ย ย ย ย ย ย ย ย ย ย  Copenhagen-Palanga

CPH-PMI ย ย ย ย ย ย ย ย ย ย ย  Copenhagen-Palma de Mallorca

CPH-PRNย ย ย ย ย ย ย ย ย  Copenhagen-Pristina

CPH-STR ย ย ย ย ย ย ย ย ย ย  Copenhagen-Stuttgart

CPH-SZG ย ย ย ย ย ย ย ย ย ย  Copenhagen-Salzburg

CPH-TLL ย ย ย ย ย ย ย ย ย ย ย  Copenhagen-Tallinn

CPH-VNO ย ย ย ย ย ย ย ย ย  Copenhagen-Vilnius

CPH-WAW ย ย ย ย ย ย ย ย  Copenhagen-Warsaw

CPH-ZRH ย ย ย ย ย ย ย ย ย ย  Copenhagen-Zรผrich

Routes from Sweden to Europe

ARN-AGP ย ย ย ย ย ย ย ย ย ย  Stockholm-Malaga

GOT-AGP ย ย ย ย ย ย ย ย ย ย  Gothenburg-Malaga

ARN-ALC ย ย ย ย ย ย ย ย ย ย  Stockholm-Alicante

ARN-AMSย ย ย ย ย ย ย ย ย  Stockholm-Amsterdam

ARN-ATH ย ย ย ย ย ย ย ย ย ย  Stockholm-Athens

ARN-BER ย ย ย ย ย ย ย ย ย ย  Stockholm-Berlin

ARN-BRU ย ย ย ย ย ย ย ย ย  Stockholm-Brussels

ARN-CDG ย ย ย ย ย ย ย ย ย  Stockholm-Paris

ARN-DUB ย ย ย ย ย ย ย ย ย  Stockholm-Dublin

ARN-DUS ย ย ย ย ย ย ย ย ย  Stockholm-Dรผsseldorf

ARN-FAO ย ย ย ย ย ย ย ย ย ย  Stockholm-Faro

ARN-FCO ย ย ย ย ย ย ย ย ย ย  Stockholm-Rome

ARN-FRA ย ย ย ย ย ย ย ย ย ย  Stockholm-Frankfurt

ARN-GVA ย ย ย ย ย ย ย ย ย ย  Stockholm-Geneva

ARN-HAM ย ย ย ย ย ย ย ย  Stockholm-Hamburg

ARN-HEL ย ย ย ย ย ย ย ย ย ย  Stockholm-Helsinki

ARN-LHR ย ย ย ย ย ย ย ย ย ย  Stockholm-London

ARN-LPA ย ย ย ย ย ย ย ย ย ย  Stockholm-Las Palmas

ARN-MAN ย ย ย ย ย ย ย ย  Stockholm-Manchester

ARN-MIL ย ย ย ย ย ย ย ย ย ย ย  Stockholm-Milan

ARN-MUC ย ย ย ย ย ย ย ย  Stockholm-Munich

ARN-NCE ย ย ย ย ย ย ย ย ย ย  Stockholm-Nice

ARN-PMI ย ย ย ย ย ย ย ย ย ย  Stockholm-Palma de Mallorca

ARN-RIX ย ย ย ย ย ย ย ย ย ย ย  Stockholm-Riga

ARN-SKG ย ย ย ย ย ย ย ย ย ย  Stockholm-Thessaloniki

ARN-TLL ย ย ย ย ย ย ย ย ย ย ย  Stockholm-Tallinn

ARN-VNO ย ย ย ย ย ย ย ย ย  Stockholm-Vilnius

ARN-ZRH ย ย ย ย ย ย ย ย ย  Stockholm-Zรผrich

SAS aircraft photo gallery:

SAS reports its traffic was down 78.7% in October

Scandinavian Airlines-SAS has made this announcement:

The ongoing pandemic continues to severely impact SAS and reported traffic figures for October are broadly in line with September this year.

During October, SAS carried just over 0.6 million passengers, down 78.7% compared to last year. Similarly, SAS reduced its capacity by 73.3% year-over-year. Compared to the previous month, demand, capacity and load factor remained broadly unchanged.

โ€œReported traffic is close to what we experienced in September and demand continues to be stronger for domestic than for European and Intercontinental travel, which is also reflected in the network and schedule we offer. Regretfully, the accelerated number of COVID-19 cases in October have led to reinforced restrictions across Europe, which naturally impacts the willingness to travel negatively. Even though we expect the low demand environment to be maintained for the next few months, our view remains firm that the ramp-up phase for the airline industry will continue until 2022 with demand returning to levels before the pandemic a few years thereafterโ€ says Rickardย Gustafson, CEO SAS.

SAS scheduled traffic Oct20 Change1 Nov19-Oct20 Change1
ASK (Mill.) 1 224 -72.3% 22 357 -53.9%
RPK (Mill.) 457 -86.3% 13 259 -63.0%
Passenger load factor 37.3% -37.9 p u 59.3% -14.6 p u
No. of passengers (000) 593 -78.3% 12 315 -56.7%
Geographical development, schedule Oct20ย ย ย ย ย ย ย ย ย ย ย  vs. ย ย ย ย ย ย ย ย ย Oct19 Nov19-Oct20ย  ย ย ย vs.ย ย ย  Nov18-Oct19
RPK ASK RPK ASK
Intercontinental -97.1% -81.4% -69.6% -59.8%
Europe/Intrascandinavia -88.2% -78.6% -64.8% -57.6%
Domestic -56.3% -38.7% -42.3% -31.4%
SAS charter traffic Oct20 Change1 Nov19-Oct20 Change1
ASK (Mill.) 29 -89.6% 1 008 -74.1%
RPK (Mill.) 24 -90.9% 867 -75.6%
Load factor 82.8% -11.2 p u 86.0% -5.0 p u
No. of passengers (000) 10 -89.4% 295 -77.5%
SAS total traffic (scheduled and charter) Oct20 Change1 Nov19-Oct20 Change1
ASK (Mill.) 1 253 -73.3% 23 365 -55.4%
RPK (Mill.) 481 -86.6% 14 127 -64.1%
Load factor 38.4% -37.9 p u 60.5% -14.7 p u
No. of passengers (000) 602 -78.7% 12 610 -57.6%

1 Change compared to same period last year. p u = percentage units

Preliminary yield and PASK Oct20 Nominal change FX adjusted change
Yield, SEK 1,18 14,5% 20,7%
PASK, SEK 0,44 -43,2% -40,1%
Oct20
Punctuality (arrival 15 min) 91.7%
Regularity 99.3%
Change in total CO2 emissions, rolling 12 months -57.2%
Change in CO2 emissions per available seat kilometer -5.3%
Carbon offsetting of passenger related emissions 42%

Definitions:

RPK โ€“ Revenue passenger kilometers
ASK โ€“ Available seat kilometers
Load factor โ€“ RPK/ASK
Yield โ€“ Passenger revenues/RPK (scheduled)
PASK โ€“ Passenger revenues/ASK (scheduled)
Change in CO2 emissions per available seat kilometers โ€“ 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 โ€“ 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.

SAS aircraft photo gallery:

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SAS takes delivery of its first Airbus A321LR

SAS has taken delivery of its first of three Airbus A321LR on lease from Air Lease Corporation, becoming the newest operator of the most efficient long-haul single aisle aircraft. The A321LR is powered by CFM Leap-1A engines.

The delivery flight from Airbus Hamburg to its home base in Copenhagen uses a 10 percent sustainable jet fuel blend. The initiative is part of SASโ€™s commitment to reducing its carbon footprint and Airbusโ€™ objective to contributing to the aviation sectorโ€™s ambitious decarbonisation targets. Airbus is the first aircraft manufacturer offering customers the option of receiving new jetliners with sustainable fuel. Such delivery flights have been available since 2016.

SASโ€™s A321 features a modern and highly comfortable three-class cabin layout with 157 seats (22 โ€œSAS Businessโ€ class, 12 โ€œSAS Plusโ€ class and 123 โ€œSAS Goโ€ class seats). The airline plans to deploy the aircraft from the Nordic countries on transatlantic routes.

The A321LR, a member of the A320neo Family, delivers 30 percent fuel savings and nearly 50 percent reduction in noise footprint compared to previous generation competitor aircraft.ย With a range of up to 4,000nm (7,400km) the A321LR is the unrivalled long-range route opener, featuring true transatlantic capability and premium wide-body comfort in a single aisle aircraft cabin.

The airline operates an Airbus fleet of 76 aircraft comprising 63 A320 Family, 9 A330 Family aircraft, and four new generation aircraft A350 XWB.

At the end of September 2020, the A320neo Family had received 7,450 firm orders from over 110 customers worldwide.

SAS launches new shareholder program

Scandinavian Airlines-SAS has made this announcement:

SAS shareholders are an important part of the companyโ€™s future. SAS consequently launches a new shareholder program with exclusive travel benefits for shareholders that are EuroBonus members and own more than 4 000 shares.

All shareholders that are EuroBonus members and owners of more than 4 000 shares on November 30, 2020, are eligible to join the shareholder program. Members of the program will receive the campaigns provided to SAS employees 2-3 times a year, with heavily discounted prices on selected domestic and international air fares.

Shareholders with 100 000-1 million shares by November 30, 2020, also have a possibility to receive EuroBonus Gold status.

Shareholders with more than 1 million shares by November 30, 2020, have a possibility to receive EuroBonus Diamond status.

SAS shareholders play an important part in supporting SAS as a vital part of Scandinavian infrastructure and on our journey towards global leadership within sustainable aviation.