SAS

Regulatory Filings • Jun 10, 2024

SAS Traffic figures - May 2024

SAS Traffic figures - May 2024

2.3 million passengers traveled with SAS during May

2.3 million passengers traveled with SAS in May, an 8 percent increase compared

with the same month last year. SAS' capacity increased by 8 percent and RPK

increased by 11 percent, compared with May 2023. The flown load factor for May

was 79 percent.

"We are pleased to see that passenger volumes continue to increase. 2.3 million

passengers traveled with SAS in May, up 8 percent compared to the same month

last year. We had strong operational performance in May and regularity reached

99.6 percent. During the month, SAS also signed a new 3-year agreement with

Apollo worth SEK 4.5 billion, meaning that SAS remains Apollo's major charter

operations partner in Scandinavia from the summer of 2025 through the summer of

2027. The new agreement with Apollo reaffirms SAS' position as a valued partner

in the leisure market," says Anko van der Werff, President & CEO of SAS.

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SAS total traffic May24 Change[1] Nov23- May24 Change [1]

(scheduled and

charter)

ASK (Mill.) 4,065 7.6% 23,495 10.4%

RPK (Mill.) 3,219 10.5% 17,679 14.1%

Load factor 79.2% 2.1 pp 75.2% 2.4 pp

No. of passengers 2,345 8.0% 12,993 7.4%

(000)

[1] Change compared to same period last year, pp = percentage points

Geographical May24           Nov23

development, vs.          -May24

schedule May23   vs.

Nov22

-May23

RPK ASK RPK ASK

Intercontinental 5.0% -0.2% 17.3% 12.0%

Europe/Intra 22.0% 20.0% 18.5% 15.0%

-Scandinavia

Domestic -4.2% -8.5% -2.1% -4.5%

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Preliminary yield and PASK May24 Nominal change[1] FX adjusted change

Yield, SEK 1.02 -5.5% -8.2%

PASK, SEK 0.81 -2.4% -5.2%

May24

Punctuality (departure 15 86.4%

min)

Regularity 99.6%

Change in total CO\2 17.4%

\emissions

Change in CO\2 \emissions -1.1%

per available seat

kilometer

Definitions:

RPK - Revenue passenger kilometers

ASK - Available seat kilometers

Load factor - RPK/ASK

Yield - Passenger revenues/RPK (scheduled)

PASK - Passenger revenues/ASK (scheduled)

Change in CO\2 \emissions per available seat kilometers - SAS passenger related

carbon emissions divided with total available seat kilometers (incl non-revenue

and EuroBonus tickets), rolling 12 months vs rolling 12 months previous year

From fiscal year 2020 we report change in CO\2\ emissions in total and per

Available Seat Kilometers (ASK) to align with our overall goal to reduce our

total CO\2\ emissions by 25% by 2025, compared to 2005.

For further information, please contact:

SAS press office, +46 8 797 29 44

SAS, Scandinavia's leading airline, with main hubs in Copenhagen, Oslo and

Stockholm, flies to destinations in Europe, USA and Asia. Spurred by a

Scandinavian heritage and sustainability values, SAS aims to be the driving

force in sustainable aviation and in the transition toward net zero emissions.

We are continuously reducing our carbon emissions through using more sustainable

aviation fuel, investing in new fuel-efficient aircraft and technology

innovation together with partners - thereby contributing towards the industry

target of net zero CO2 emissions by 2050. In addition to flight operations, SAS

offers ground handling services, technical maintenance and air cargo services.

Learn more at https://www.sasgroup.net