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SAS — Earnings Release 2019
Feb 7, 2019
2961_iss_2019-02-07_04a622e7-2f76-4767-b777-e9e573503c55.pdf
Earnings Release
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Scandinavian Airlines 195 87 Stockholm Telephone: +46 8-797 0000 Fax: +46 8-797 1515 www.sasgroup.net
1.8 million flew with SAS during January
The number of passengers traveling with SAS's scheduled traffic increased slightly compared to January 2018. At the same time, the passenger load factor and unit revenue increased.
Compared to January 2018, capacity was unchanged while the number of passengers increased, leading to a 0.9 percentage point increase in the load factor to 64.9%. Currency adjusted unit revenue (PASK) increased with 3.6%. During the month, European/Intrascandinavian traffic fell slightly while Domestic and Intercontinental increased.
"Thanks to continued seasonal adjustments, both unit revenue as well as the cabin factor increased in January. Our most loyal customers and frequent flyers share our wish for more sustainable travel and we want them to know that SAS strives to reduce our carbon footprint on a daily basis. As part of that work, from February 1 and onwards, we are offsetting the carbon footprint on all tickets booked using a EuroBonus number. This is one of several environment and sustainability initiatives we are pursuing and means that approximately 40 percent of SAS's passenger-related carbon dioxide emissions will be offset going forward," says Rickard Gustafson, President and CEO, SAS.
| SAS scheduled traffic | Jan19 | Change1 | Nov18-Jan19 | Change1 |
|---|---|---|---|---|
| ASK (Mill.) | 3 439 | 0.0% | 10 673 | -0.6% |
| RPK (Mill.) | 2 231 | 1.5% | 7 219 | 0.1% |
| Passenger load factor | 64.9% | +0.9 p.p. | 67.6% | +0.5 p.p. |
| No. of passengers (000) | 1 832 | 0.3% | 6 033 | 0.2% |
| Geographical development, schedule | Jan19 vs. Jan18 | Nov18-Jan19 vs. Nov17 – Jan18 |
||
| RPK | ASK | RPK | ASK | |
| Intercontinental | 4.5% | -0.8% | 1.8% | -3.1% |
| Europe/Intrascandinavia | -1.8% | -0.7% | -2.0% | 0.1% |
| Domestic | 2.1% | 3.3% | 1.7% | 3.4% |
| SAS charter traffic | Jan19 | Change1 | Nov18-Jan19 | Change1 |
| ASK (Mill.) | 161 | 14.4% | 482 | 18.7% |
| RPK (Mill.) | 148 | 13.1% | 442 | 15.5% |
| Load factor | 91.6% | -1.1 p.p. | 91.7% | -2.5 p.p. |
| No. of passengers (000) | 50 | 6.4% | 132 | 12.2% |
| SAS total traffic | Jan19 | Change1 | Nov18-Jan19 | Change1 |
| ASK (Mill.) | 3 600 | 0.6% | 11 155 | 0.1% |
| RPK (Mill.) | 2 378 | 2.1% | 7 661 | 0.9% |
No. of passengers (000) 1 882 0.4% 6 165 0.4% 1 Change compared to same period last year.
p.p. = percentage points
Michel Fischier, Investor Relations +46 70 997 06 73 or [email protected]
This is information that SAS AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 11:00 CET on 7 February 2019.
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Load factor 66.1% +1.0 p.p. 68.7% +0.5 p.p.
Scandinavian Airlines
195 87 Stockholm Telephone: +46 8-797 0000 Fax: +46 8-797 1515 www.sasgroup.net
| Preliminary yield and PASK | Jan 2019 |
Nominal change |
FX adjusted change |
|---|---|---|---|
| Yield, SEK | 0.98 | +5.2% | +2.1% |
| PASK, SEK | 0.64 | +6.8% | +3.6% |
| Jan 2019 | |
|---|---|
| Punctuality (arrival 15 min) | 75.0% |
| Regularity | 98.8% |
Definitions:
RPK – Revenue passenger kilometers ASK – Available passenger kilometers Load factor – RPK/ASK Yield – Passenger revenues/RPK (scheduled) PASK – Passenger revenues/ASK (scheduled)
For further information, please contact:
SAS pressoffice, +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 Alliance™ 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.
Michel Fischier, Investor Relations +46 70 997 06 73 or [email protected]
This is information that SAS AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 11:00 CET on 7 February 2019.
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