SAS Traffic Figures - November 2014

Regulatory News:

Market trends, PASK and yield development

As indicated earlier, as part of the winter-season program, SAS (STO:SAS)(OSE:SASNOK) plans to hold back on the capacity growth. In line with this, SAS reduced the capacity during November 2014. Market conditions remain challenging, however load factor has increased steadily since the introduction of the summer 2014 program, In November 2014 SAS reports its eighth consecutive month with an improvement in the load factor versus last year.

In October, SAS’ yield and PASK were up 1,8% and 5% respectively. The currency adjusted yield was down 2.9% while the currency adjusted PASK was up 0.2%, in line with expectations. In November 2014 the change in the currency adjusted PASK vs. last year is also expected to be positive.

SAS scheduled traffic development in November

SAS scheduled capacity was decreased in November by 1.4%. Traffic grew by 3.7% resulting in a 3.4 p.u. improvement in the load factor to 69.5%.

The traffic on SAS intercontinental routes grew 3.5%, driven by the USA routes. Traffic on SAS European/ Intrascandinavian routes grew 4.1% with strongest growth on SAS intrascandinavian routes.

Domestic traffic grew 2.8% combined with a positive load factor development.

This information was brought to you by Cision http://news.cision.com