– The number of passengers increased by 1.4% to 2.6 million.
– Capacity (ASK) and traffic (RPK) declined by 0.6% and 1.0%, respectively.
– Passenger load factor declined by 0.3 p.p. to 74.6%.
• Nominal yield and PASK increased by 6.6% and 6.2%, respectively.
• Currency adjusted yield and PASK increased by 1.3% and 0.9%, respectively.
Market and Capacity Development
• Capacity growth in the Scandinavian market has been 4-5% during 2018.
• Capacity growth is expected to continue during late fall and winter 2018/19.
• SAS plans to increase capacity by around 2% in fiscal year 2018/19, primarily due to more seats in the Airbus A320neo.
SAS – Scheduled Traffic Development
• Intercontinental traffic declined 1.5%, but passenger load factor improved as capacity was down 2.5%. The traffic decrease was somewhat larger on Asian routes compared to US routes.
• Europe/Intrascandinavia traffic and capacity declined by 1.5% and 0.5%, respectively. Traffic increased on Intrascandinavian routes but decreased on European routes.
• Domestic traffic increased 2.2% on the back of a 3.2% increase in capacity, resulting in a lower passenger load factor. The pattern was similar in Denmark, Norway and Sweden.
SAS – In Other News
• High-speed Wi-Fi is now installed on 39 aircraft.
• Six new destinations introduced in 2019 summer program – Catania, Florence, Marseille, Cornwall Newquay, Szczecin and Antalya.
• Online booking of award trips to all destinations offered by Star Alliance member airlines now available.
• Upgraded lounge at Copenhagen Airport opened.
• SAS CEO Rickard Gustafson among the group of Nordic CEO’s announcing a joint initiative to speed up the realization of the UN Sustainable Development Goals.