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SAS March Travel Report: Passenger Numbers Soar By 5% With 2 Million Travelers

Monday, April 8, 2024

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SAS

In March, SAS experienced a surge in passenger numbers, with 2 million travelers, marking a 5 percent rise from the previous year. Notably, SAS expanded its capacity by 15 percent, and its revenue passenger kilometers (RPK) saw a substantial 20 percent increase compared to March 2023. Despite this growth, the flown load factor for March settled at 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.

SAS Total Traffic (Scheduled and Charter) – March 24, Change Compared to Previous Periods

MetricMarch 24Change vs. Nov 23 – Mar 24
ASK (Million)3,58915.1%
RPK (Million)2,83720.2%
Load Factor79.1%+3.4 pp
No. of Passengers (000)2,0034.9%

(1 Variance relative to the corresponding period last year, expressed in percentage points)

Geographical Development, Schedule – March 24 vs. March 23, Nov 23 – Mar 24 vs. Nov 22 – Mar 23

RegionRPKASKRPKASK
Intercontinental25.7%19.3%22.0%16.5%
Europe/Intra-Scandinavia26.8%19.6%20.5%15.2%
Domestic-9.8%-9.3%-2.7%-5.4%

Preliminary Yield and PASK – March 24, Nominal Change, FX Adjusted Change

MetricMarch 24Nominal ChangeFX Adjusted Change
Yield, SEK1.00-7.0%-6.7%
PASK0.79-2.6%-2.3%

Additional Metrics – March 24

MetricValue
Punctuality (Departure 15 min)84.9%
Regularity98.7%
Change in Total CO2 Emissions20.1%
Change in CO2 Emissions per ASK-0.2%

Definitions:

Starting from the fiscal year 2020, we report changes in CO2 emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal of reducing total CO2 emissions by 25% by 2025, compared to 2005.

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