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SAS Earnings Release 2019

Mar 7, 2019

2961_iss_2019-03-07_2f06ce66-3ce0-416a-ad8d-e5ee74bc96fa.html

Earnings Release

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2 million passengers and increased unit revenue for SAS during February

2 million passengers and increased unit revenue for SAS during February

In February, the number of passengers traveling with SAS was in line with last

year. A slight decrease in passenger load factor was offset by a higher yield,

resulting in an improved unit revenue.

Compared to February 2018, capacity and number of passengers in scheduled

traffic was unchanged. Traffic was in line with expectations in February, which

is a month characterized by low seasonal demand. On SAS' scheduled traffic, a

slightly lower load factor of 66.1% was offset by a higher yield (+0.8%), which

resulted in an improved currency adjusted unit revenue compared to last year

(0.3%). During the month, European/Intrascandinavian traffic fell slightly while

Domestic and Intercontinental increased.

- Traffic in February, a month characterized by low seasonal demand, was in line

with our expectations. As we move into the spring and summer, we look forward to

welcoming more passengers onboard. We also continue our work towards sustainable

air travel and as part of that work we are carbon offsetting all tickets booked

with a EuroBonus number since 1 February, 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 123

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 7 March 2019.