SAS Scandinavian Airlines

2.4 million passengers travelled with SAS in November (-0.5%)

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The number of travellers flying with SAS during November was in line with last year, whereas currency-adjusted unit revenues and passenger yield increased with 1.4% and 0.8%, respectively.

SAS’ total traffic capacity increased with 0.4%, with a decrease in scheduled traffic and an increase in charter traffic as an effect of continued seasonal adaptation. Total revenue passenger kilometres (RPK) increased by 1.3%, leading to an improvement in the load factor of 0.6 percentage points to 70.5%. Regularity and punctuality remained at strong levels and increased by 0.3 and 0.1 percentage points, respectively, compared to last year.

– I am pleased that our customer offering continues to be reflected in improved passenger yield and unit revenues. Our determined work to reduce climate impact is gaining interest and we are encouraged by an increasing number of passengers, for example, choosing to add biofuel to their booking. During the month we also launched a new packaging for our award-winning food concept. The renewed design will save over 50 tons of plastic each year and is one of many important steps toward reaching our goal of only using sustainable materials in the customer offering, says Rickard Gustafson, CEO of SAS.

SAS scheduled trafficNov19Change1
ASK (Mill.)3 839-0.3%
RPK (Mill.)2 6670.3%
Passenger load factor69.5%+0.4 p.p.
No. of passengers (000)2 314-0.5%
Geographical development, scheduleNov19 vs. Nov18
RPKASK
Intercontinental-1.5%1.3%
Europe/Intrascandinavia2.6%-1.2%
Domestic-1.4%-1.2%
SAS charter trafficNov19Change1
ASK (Mill.)17220.3%
RPK (Mill.)16020.1%
Load factor93.4%-0.2 p.p.
No. of passengers (000)4318.0%
SAS total traffic (scheduled and charter)Nov19Change1
ASK (Mill.)4 0110.4%
RPK (Mill.)2 8271.3%
Load factor70.5%+0.6 p.p
No. of passengers (000)2 357-0.2%

1 Change compared to same period last year p.p. = percentage points

Preliminary yield and PASKNov
2019
Nominal changeFX adjusted change
Yield, SEK1.05+1.8%+0.8%
PASK, SEK0.73+2.4%+1.4%
Nov 2019
Punctuality (arrival 15 min)85.6%
Regularity98.8%
Change in total CO2 emissions, rolling 12 months-2.7%
Change in CO2 emissions per available seat kilometre-2.0%
Carbon offsetting of passenger related emissions48%

Definitions:

RPK – Revenue passenger kilometres
ASK – Available seat kilometres
Load factor – RPK/ASK
Yield – Passenger revenues/RPK (scheduled)
PASK – Passenger revenues/ASK (scheduled)

Change in CO2 emissions per available seat kilometres – SAS passenger related carbon emissions divided with total available seat kilometres
(incl. non-revenue and EuroBonus), rolling 12 months

Carbon offsetting of passenger related emissions – Share of SAS passenger related carbon emissions compensated by SAS (EuroBonus members, youth tickets and SAS’ staff travel)

From fiscal year 2020, SAS reports change in CO2 emissions in total and per Available Seat Kilometers (ASK) to align with its overall goal to reduce our total CO2 emissions by 25% by 2030, compared to 2005.

This post was published on 7 December 2019 16:30

André Orban

M. Sc. Engineering

Published by
André Orban

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