SAS

Regulatory Filings • Apr 8, 2024

SAS Traffic figures - March 2024

SAS Traffic figures - March 2024

2 million passengers traveled with SAS during March

2 million passengers traveled with SAS in March, a 5 percent increase compared

with the same month last year. SAS' capacity increased by 15 percent and RPK

increased by 20 percent, compared with March 2023. The flown load factor for

March was 79 percent.

"We are pleased to see that 2 million passengers traveled with SAS in March,

which includes the Easter weekend this year. During the month, the U.S. Court

approved SAS' plan of reorganization, which is a major milestone for SAS FORWARD

and sets a clear path for us to exit the restructuring proceedings. SAS has also

signed a new agreement with the Norwegian Armed Forces for strategic air

evacuation, which means we will continue these proud assignments using lower

emission Airbus A320neo aircraft following the phase-out of the current aircraft

in 2025. Finally, we are proud that SAS was yet again voted the most sustainable

company in the aviation industry among Swedish and Danish consumers," says Anko

van der Werff, President & CEO of SAS.

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SAS total traffic Mar24 Change[1] Nov23- Mar24 Change [1]

(scheduled and

charter)

ASK (Mill.) 3,589 15.1% 15,735 12.0%

RPK (Mill.) 2,837 20.2% 11,606 16.4%

Load factor 79.1% 3.4 pp 73.8% 2.8 pp

No. of passengers 2,003 4.9% 8,533 6.2%

(000)

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

Geographical Mar24           Nov23

development, vs.          -Mar24

schedule Mar23   vs.

Nov22

-Mar23

RPK ASK RPK ASK

Intercontinental 25.7% 19.3% 22.0% 16.5%

Europe/Intra 26.8% 19.6% 20.5% 15.2%

-Scandinavia

Domestic -9.8% -9.3% -2.7% -5.4%

[]\\\\

Preliminary yield and PASK Mar24 Nominal change[1] FX adjusted change

Yield, SEK 1.00 -7.0% -6.7%

PASK, SEK 0.79 -2.6% -2.3%

Mar24

Punctuality (departure 15 84.9%

min)

Regularity 98.7 %

Change in total CO\2 20.1%

\emissions

Change in CO\2 \emissions -0.2%

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