SAS February Traffic Soars 1.7M Passengers, 8% increase

Friday, March 8, 2024

In February, SAS saw a surge in passenger numbers, with 1.7 million travelers, marking an 8 percent rise from the previous year. Capacity also experienced a notable uptick of 17 percent, along with a corresponding increase of 21 percent in RPK, compared to February 2023. The flown load factor for the month stood at 73 percent.

“We continue to see a growing number of passengers choosing to travel with SAS. In February, 1.7 million passengers traveled with us, up 8 percent from last year. We are also pleased to see very stable operational performance, especially for a winter month, with regularity at 99.2 percent. We look forward to continue strengthening our position in Scandinavia as we approach the summer season,” says Anko van der Werff, President & CEO of SAS.

SAS Total Traffic (Scheduled and Charter) for February 24th and Change:

• Available Seat Kilometers (ASK) (Mill.): 3,022 (16.9% Change1 from Nov23-Feb24)
• Revenue Passenger Kilometers (RPK) (Mill.): 2,216 (21.1% Change1 from Nov23-Feb24)
• Load Factor: 73.3% (2.5 percentage points Change1 from Nov23-Feb24)
• Number of Passengers (000): 1,676 (7.8% Change1 from Nov23-Feb24)

Geographical Development, Schedule Comparison:

• Intercontinental RPK: 34.6% (Feb24 vs. Feb23), 20.8% (Nov23-Feb24 vs. Nov22-Feb23)
• Europe/Intra-Scandinavia RPK: 23.0% (Feb24 vs. Feb23), 18.4% (Nov23-Feb24 vs. Nov22-Feb23)
• Domestic RPK: -1.2% (Feb24 vs. Feb23), -0.5% (Nov23-Feb24 vs. Nov22-Feb23)

Preliminary Yield and Passenger Revenue per Available Seat Kilometer (PASK) for February 24th:

• Yield, SEK: 1.00 (-6.7% Nominal change1, -5.1% FX adjusted change)
• PASK, SEK: 0.73 (-3.0% Nominal change1, -1.3% FX adjusted change)

Other Metrics for February 24th:

• Punctuality (departure 15 min): 82.0%
• Regularity: 99.2%
• Change in Total CO2 Emissions: 20.6%
• Change in CO2 Emissions per Available Seat Kilometer: -0.4%

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 CO2 emissions per available seat kilometers – CO2 emissions attributable to SAS passengers divided by total available seat kilometers (including non-revenue and EuroBonus tickets), comparing the rolling 12 months to the previous year’s rolling 12 months.

Beginning from the fiscal year 2020, our reporting now includes updates on CO2 emission alterations, both in aggregate and per Available Seat Kilometers (ASK). This aligns with our primary goal of reducing total CO2 emissions by 25% by 2025, in comparison to 2005 levels.

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