06 August, 2022

July figures severely impacted by 15-day pilot strike

SAS continued to experience difficult trading conditions during July, with more than 3,700 flights cancelled and 380 000 passengers affected by the SAS’ Scandinavia pilots unions strike action that ended on 19th July.



In July 1.3 million passengers travelled with SAS, an increase of approximately 23% compared to the same month last year. SAS’ capacity increased by approximately 8% compared with the same period last year. In comparison with last month, the total number of passengers decreased with 32% and capacity was decreased by 23%, which was a result from the 15-day pilot strike. The flown load factor for July was 82%, an improvement of 21 percentage points compared to July last year.

 

“We sincerely apologize to our customers who were affected by the July strike. We are happy operations returned to normality again allowing us to start regaining our customers’ trust. We also continue executing our restructuring plan, SAS FORWARD and filed for chapter 11 in the US on 5th of July to accelerate the transformation process that will lead to a financially stable airline, that will be able to deliver the service our customers are expecting”, says Anko van der Werff, President & CEO of SAS.


 

 

SAS scheduled traffic

Jul22

Change1

Nov21- Jul22

Change1

ASK (Mill.)

2,251

-2.2%

22,086

120.6%

RPK (Mill.)

1,871

36.5%

14,767

273.3%

Passenger load factor

83.1%

        23.6 pp

66.9%

27.4 pp

No. of passengers (000)

1,207

18.0%

11,631

198.9%

 

Geographical development, schedule

Jul22           vs.          Jul21

Nov21- Jul22   vs.   Nov20-Jul21

 

RPK

ASK

RPK

ASK

Intercontinental

129.4%

-2.0%

726.8%

128.6%

Europe/Intrascandinavia

42.1%

11.4%

290.1%

192.7%

Domestic

-40.1%

-44.2%

90.2%

31.7%

 

SAS charter traffic

Jul22

Change1

Nov21- Jul22

Change1

ASK (Mill.)

396

152.7%

1,600

644.3%

RPK (Mill.)

304

126.8%

1,310

733.8%

Load factor

76.8%

-8.8 pp

81.9%

8.8 pp

No. of passengers (000)

118

111.3%

478

645.9%

 

SAS total traffic (scheduled and charter)

Jul22

Change1

Nov21- Jul22

Change1

ASK (Mill.)

2,646

7.7%

23,687

131.6%

RPK (Mill.)

2,175

44.6%

16,077

290.9%

Load factor

82.2%

21.0 pp

67.9%

27.7 pp

No. of passengers (000)

1,325

22.8%

12,110

206.1%

1 Change compared to same period last year, p p = percentage points

Preliminary yield and PASK

Jul22

Nominal change1

FX adjusted change

Yield, SEK

1.05

20.9%

15.5%

PASK, SEK

0.87

68.7%

61.2%

 

 

 

 

 

 

 

Jul22

Punctuality (arrival 15 min)

 

 

67.0%

Regularity

 

 

75.4%

Change in total CO2 emissions

 

 

118.2 %

Change in CO2 emissions per available seat kilometre,

 

 

0.8%

Carbon offsetting of passenger-related emissions

 

 

32.6%

 

Definitions:

RPK – Revenue passenger kilometres

ASK – Available seat kilometres
Load factor – RPK/ASK
Yield – Passenger revenues/RPK (scheduled)

PASK – Passenger revenues/ASK (scheduled)

Change in CO2 emissions per available seat kilometres – SAS passenger-related carbon emissions divided with total available seat kilometres (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 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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