SAS — Earnings Release 2019

Jul 5, 2019

Nearly 3 million passengers traveled with SAS in June

Nearly 3 million passengers traveled with SAS in June

The number of passengers traveling with SAS increased slightly compared to same

month last year and reached the highest reported number for a single month. Unit

revenue continues to develop favorably and increased with 4.8%.

Scheduled capacity increased with nearly 1% and number of passengers increased

with 0.5%. Currency adjusted unit revenue and yield increased with 4.8% and 5.2%

respectively, reaffirming the positive underlying trend during the year.

- Strong traffic in June shows that customers value both the business and

leisure travel offered by SAS, resulting in a record number of passengers.

During the month we announced the routes for the first new Airbus A350, which

will enter service in January 2020. The A350 is the most fuel-efficient long

-haul aircraft available, emitting 30% less CO2 compared to previous generation

of aircraft. We see a demand for more sustainable air travel and this is an

important step on our ambitious path to reduce emissions, says Rickard

Gustafson, CEO of SAS.

For further information, please contact:

SAS press office, +46 8 797 2944

Michel Fischier, VP Investor Relations, +46 70 997 0673

SAS, Scandinavia's leading airline, carries more than 30 million passengers

annually to, from and within Scandinavia.  The airline connects three main hubs

- Copenhagen, Oslo and Stockholm - with 125 destinations in Europe, the US and

Asia. Spurred by a Scandinavian heritage and sustainable values, SAS will reduce

total carbon emissions by 25% and operate with biofuel equivalent to equal the

total consumption of fuel used to operate all domestic SAS flights, by 2030. In

addition to airline operations, SAS offers ground handling services, technical

maintenance and air cargo services. SAS is a founding member of Star AllianceT

and together with partner airlines offers almost 19,000 daily flights to more

than 1,300 destinations around the world.

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 CET on 5 July 2019.