SAS Traffic figures - October 2023

2.2 million passengers traveled with SAS in October, a 14 percent increase compared with the same month last year. SAS' capacity increased 15 percent and RPK increased 17 percent, compared with the same month last year. The flown load factor for October was 76 percent.

"Healthy demand for travel continued in October, with 2.2 million passengers traveling with SAS. But the even bigger and more important news is that we have reached a key milestone in our SAS FORWARD plan by entering into an investment agreement with the winning bidder consortium of SAS' exit financing solicitation process. The investment shows that our new investors believe in SAS and our potential to remain at the forefront of the airline industry for years to come," says Anko van der Werff, President & CEO of SAS

[][]
SAS total traffic Oct23 Change[1] Nov22- Oct23 Change [1]
(scheduled and
charter)
ASK (Mill.) 4,047 14.6% 42,566 23.8%
RPK (Mill.) 3,087 17.1% 32,553 33.9%
Load factor 76.3% 1.6 pp 76.5% 5.7 pp
No. of passengers 2,205 14.3% 23,681 32.5%
(000)

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

Geographical Oct23           Nov22
development, vs.          -Oct23
schedule Oct22   vs.  
Nov21
-Oct22
RPK ASK RPK ASK
Intercontinental 27.2% 16.2% 48.1% 33.6%
Europe/Intra 20.1% 23.3% 32.6% 24.9%
-Scandinavia
Domestic 11.1% 5.1% 22.9% 13.0%
[]\\\\
Preliminary yield and PASK Oct23 Nominal change[1] FX adjusted change
Yield, SEK 1.07 -1.5% -2.8%
PASK, SEK 0.81 1.6% 0.2%

Oct23
Punctuality (arrival 15 78.4%
min)
Regularity 98.5%
Change in total CO\2 24.0%
\emissions
Change in CO\2 \emissions 1.7%
per available seat
kilometer
Carbon offsetting of 39.0%
passenger related emissions

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
Carbon offsetting of passenger related emissions - Share of SAS passenger related carbon emissions compensated by SAS (EuroBonus members, youth tickets and SAS' staff travel) during the month

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. SAS is a founding member of the Star Alliance™, and together with its partner airlines offers a wide network worldwide. Learn more at https://www.sasgroup.net

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 Erno Hildén, at 11:00 a.m. CET on November 7, 2023.