Friday, 15 January 2021

SAS passenger numbers increase in December (But only compared to November!)

Almost 400,000 passengers flew with SAS during December, an increase of 18% compared to last month, but a decline by 80% year over year. At the same time SAS reduced its capacity by 6% compared to November, which corresponds to a reduction of 74% compared to last year. The load factor came in at 33%, an increase of some 8 percentage units (p.u.) compared to the previous month, but down 38 p.u. compared to last year. The increase in passengers and load factor compared to November is mainly driven by an increased demand for domestic travel during the holiday season.

“The overall demand continues to be heavily impacted by continued restrictions, with holiday travel significantly below normal levels in December. SAS continues to adapt its capacity according to the demand, that is expected to stay at low levels throughout the winter season. However, we’re encouraged by the recent vaccine developments and initiated COVID-19 vaccination programs, providing a foundation for a future normalization of our industry” says Rickard Gustafson, CEO SAS.


SAS scheduled trafficDec20Change1Nov20-Dec20Change1
ASK (Mill.)946-72.4%1 947-73.2%
RPK (Mill.)313-87.0%565-88.9%
Passenger load factor33.1%-37.1 p u29.0%-40.8 p u
No. of passengers (000)388-79.7%718-83.0%
Geographical development, scheduleDec20            vs.          Dec19Nov20-Dec20   vs. Nov19-Dec19
RPKASKRPKASK
Intercontinental-95.7%-79.6%-96.4%-80.2%
Europe/Intrascandinavia-88.9%-80.7%-90.9%-82.9%
Domestic-61.6%-35.7%-67.4%-35.9%
SAS charter trafficDec20Change1Nov20-Dec20Change1
ASK (Mill.)6-96.6%14-95.9%
RPK (Mill.)2-98.7%5-98.3%
Load factor35.2%-55.7 p u37.7%-54.6 p u
No. of passengers (000)1-98.9%1-98.3%
SAS total traffic (scheduled and charter)Dec20Change1Nov20-Dec20Change1
ASK (Mill.)951-73.5%1 961-74.2%
RPK (Mill.)315-87.7%570-89.4%
Load factor33.1%-38.0 p u29.1%-41.7 p u
No. of passengers (000)389-80.2%720-83.3%

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

Preliminary yield and PASKDec20Nominal changeFX adjusted change
Yield, SEK1.2632.9%39.6%
PASK, SEK0.42-37.4%-34.2%
Dec20
Punctuality (arrival 15 min)82.0%
Regularity97.4%
Change in total COemissions, rolling 12 months-68.3%
Change in COemissions per available seat kilometer-6.5%
Carbon offsetting of passenger related emissions44%

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 COemissions per available seat kilometers – SAS passenger related carbon emissions divided with total available seat kilometers (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 we report change in CO2 emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal to reduce our total CO2 emissions by 25% by 2025, compared to 2005.






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