SAS - Earnings Release 2019 | FinancialReports.eu

In March, SAS achieved growth in passenger numbers and an improvement in unit revenue

2.5 million passengers travelled with SAS in March, an increase of some 70 000

compared to last year. Higher yield compensated for a lower passenger load

factor, resulting in an improved unit revenue.

Compared to March 2018, capacity and the number of passengers in scheduled

traffic increased by 1.1% and 3.1%, respectively. On SAS' scheduled traffic, a

slightly lower load factor was offset by a higher yield (+5.3% currency

adjusted), which resulted in an improved unit revenue compared to last year.

During the month, European/Intrascandinavian and Intercontinental traffic fell

while Domestic increased. The timing of Easter is the main driver of the change,

as traffic related to Easter is postponed into April.

- As we move towards spring and summer, we continue to adjust our production

towards the summer high season. This includes opening 22 new direct routes and 6

new destinations from Scandinavia in summer 2019, which I hope our customers

will appreciate. I would also like to remind everyone that we carbon offset all

SAS tickets for our EuroBonus members, and encourage all customers that are not

members of the program to enroll in order to contribute towards more sustainable

travel, 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 carries more than 30 million passengers annually and is Scandinavia's

leading airline with more than 800 daily flights on 272 routes to 125

destinations in Scandinavia, Europe, USA and Asia. SAS is a member of Star

AllianceT and can together with our partner airlines offer more than 18,800

daily flights to over 1,300 destinations in 193 countries. For more information,

visit www.flysas.com.

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 April 2019.

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