Showing posts with label SAS. Show all posts
Showing posts with label SAS. Show all posts

17 May, 2024

SAS adds more destinations to winter destinations

Responding to the increasing demand from travellers seeking winter adventures in the North, SAS is expanding its services with five new direct routes to Tromsø, Kiruna, Rovaniemi and Scandinavian Mountain Airport Sälen-Trysil.

These additions will enable more travellers to enjoy the ski resorts, dog sledging, and the opportunity to witness the northern lights during the upcoming winter season. SAS already serves the Scandinavian Mountains Airport (SCR) from Copenhagen and Aalborg during the winter season and will now open two more routes from Aarhus and London Heathrow. Additionally, three new seasonal routes are being introduced: Copenhagen to Finnish Rovaniemi, Copenhagen to Swedish Kiruna and London to Norwegian Tromsø.

Connectivity to Northern Scandinavia is further enhanced by additional frequencies to Tromsø, Longyearbyen/Svalbard, Luleå and Åre-Östersund on the existing routes from Copenhagen, Oslo and Stockholm.

“We see a significant rise in Europeans travelling to Northern Scandinavia during the winter season and we are very pleased to be able to increase our departures to this part of the world. Our winter program also includes improved connectivity between US and Asia and our Scandinavian as well as European destinations”, says Erik Westman, Chief Revenue Officer at SAS.

For Scandinavians seeking warmth during the winter season SAS is adding more flights to warm destinations such as Gran Canaria, Tenerife and Agadir. Bangkok will see a minimum of four weekly flights from Copenhagen throughout the season, increasing to five weekly from late December and daily from late January to early March. The US program is also expanding, featuring daily flights from Copenhagen to Los Angeles and Boston and double daily to New York (JFK and Newark), with improved schedules to facilitate connectivity at JFK. In addition, SAS continues its new route Copenhagen-Atlanta with five weekly frequencies during the winter season.

As is customary each winter season, there will also be a focus on European ski destinations like Zürich, Genève, Salzburg, Innsbruck, Milan, and Munich, particularly during the winter holidays.



.

02 May, 2024

SAS gets a new Airbus A320neo on long term lease and set to join SkyTeam Alliance

Aviation Capital Group one of the leading global full-service aircraft asset managers, has announced the delivery of one new Airbus A320neo aircraft on long-term lease to the financially constrained Scandinavian Airlines. This jet is powered by CFM International LEAP-1A engines and will be used to bolster the carrier's fleet.  ACG advised this is the eleventh aircraft it is scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS, which helps the airline form a more secure financial position.

ACG specializes in commercial aircraft leasing and aviation finance, with approximately 490 owned, managed and committed aircraft as of December 31, 2023, leased to roughly 90 airlines in approximately 45 countries. 

The flag carrier of Scandinavia is all set to join the SkyTeam Alliance on 1 September 2024 after completing a series of negotiations and signing the alliance's adherence agreement. 

This news will mean in future, SAS customers will benefit from seamless products as well as enjoy more travel options to several previously unserved destinations via the alliance member airlines. All EuroBonus members will benefit from earning and burning points, while Gold and Diamond members will enjoy SkyPriority services and lounge access.

The company also deferred interest payments due on 23 and 26 April this year on its perpetual capital securities, as part of the airlines's voluntary Chapter 11 process in the U.S and its reorganization proceeding in Sweden. The airline says the deferral of interest payment is made in accordance with the terms and conditions for the respective capital securities. But have done little to quell rumours that the carrier will not exit Chapter 11 this year or early next year. 

.

18 April, 2024

Delivery of a new Airbus A320neo for SAS

Aviation Capital Group LLC, the premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the tenth aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs

.

15 March, 2024

SAS and the Norwegian armed forces signs new agreement for strategic evacuation

An Airbus A320neo jet will be used for evacuation needs
The Norwegian Armed Forces have on March 4 signed a new agreement with SAS for strategic air evacuation. The agreement ensures continued capacity for strategic air evacuation using SAS’ latest Airbus A320neo aircraft. This will follow the phase-out of the current aircraft and transition to the new agreement will take place in 2025.

The agreement between Norwegian Armed Forces and SAS consists of two parts: a cooperation agreement to design a A320neo based solution and an agreement covering operational assignments.

“We are honoured that the Norwegian Armed Forces have selected SAS for future evacuation missions, building on several years of joint assignments across the world. While the currently used aircraft has served us well, it is now time for the next-generation, lower-emission A320neo to continue these proud assignments together with our highly skilled and dedicated staff. Contributing to the safe transport of citizens across the world when crisis strikes is a responsibility we do not take lightly, and we are grateful for the trust placed in us by the Norwegian Defense through this work,” says Paul Verhagen, Chief Commercial Officer at SAS.

The A320neo is a regular passenger plane and – once the new design is finalized – can be converted into a flying hospital, with medical equipment and hospital beds. SAS’ Airbus A320neo has around 18% lower CO2 emissions compared to the aircraft it replaces. Additionally, there is 30% less noise in these aircraft, creating a more favourable environment for evacuees and crew on board.

SAS has a 25-year history of taking part in evacuation assignments, with missions such as the tsunami in Thailand, and evacuation missions from Afghanistan, Moira refugee camp and Ukrainian patients.

14 February, 2024

Destination Unknown proves to be popular for SAS


On Monday the Scandic airline SAS opened the possibility for EuroBonus members to sign up for the recently introduced flight experience “Destination Unknown” at 12 noon. Within minutes, over 1000 members signed up for the chance to embark on this mystery journey.

On April 5, SAS EuroBonus members will meet at Copenhagen Airport ready to board a mystery trip. The travellers are invited to explore the concept of flying to an unknown destination and join a unique adventure curated by SAS.

SAS invites EuroBonus members to embark on a mysterious journey between April 5-8, 2024. This extraordinary SAS experience promises to add additional excitement and adventure to the trip. The allure of the unknown destination will keep travellers on the edge throughout the flight until the destination is revealed.

"I am thrilled about this innovative concept, and I am confident that, just like me, a lot of travellers are excited by the idea of an unknown destination. The prospect of embarking on an adventurous and mysterious journey with fellow enthusiasts, finding new connections and friendships along the way, is truly exciting. SAS equals trust and quality and promises our passengers an adventure that will bring their travel experience to a new level. These are not just trips; they are extraordinary journeys that will stay with you for a lifetime,” says Paul Verhagen, EVP & Chief Commercial Officer at SAS.

All seats on the flight are reserved for SAS EuroBonus members and can only be purchased using EuroBonus points. The Destination Unknown tickets are all so-called biofuel tickets. Read more about SAS biofuel tickets here: https://www.flysas.com/en/bio/




Your travel planning isn’t complete without learning the language—or at least some essential phrases. Fully immerse yourself in the language, or use Phrasebook to learn travel essentials—the choice is yours!

12 February, 2024

SAS gets Equinor contract for another three years

SAS has signed a contract extension for three years with Equinor for both domestic and international travel.

The contract with Equinor represents a significant contribution to SAS’ passenger volume in Norway. SAS was chosen on the basis of an extensive network, attractive timetable, commercial terms and one of Europe’s most modern fleets.

“We are delighted that Equinor once again have chosen SAS as their preferred carrier for business travel, demonstrating a continued confidence in us for the next three years.

SAS' strategic priorities to retain and further strengthen our position in the Scandinavian travel market is founded on a good cooperation with the largest companies in Norway and the longstanding collaboration with Equinor remains very important to SAS,“ says Chief Commercial Officer at SAS, Paul Verhagen.

31 January, 2024

Airbus, Avinor, SAS, Swedavia and Vattenfall pave the way for hydrogen aviation in Sweden and Norway


Airbus, Avinor, SAS, Swedavia and Vattenfall have signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hydrogen infrastructure at airports in Sweden and Norway. 


This cooperation will provide better understanding of hydrogen aircraft concepts and operations, supply, infrastructures and refueling needs at airports in order to help develop this hydrogen aviation ecosystem in both countries. The work will also identify the pathways to select which airports will be transformed first to operate hydrogen-powered aircraft in both countries as well as the accompanying regulatory framework.

This is the first time that a feasibility study of this kind covers two countries and more than 50 airports. It reflects the partners’ shared ambition to use their respective expertise to support the decarbonisation of the aviation industry and to achieve net zero carbon emissions by 2050.

“Hydrogen stands out as a key enabler as we pioneer a sustainable aviation future.” said Guillaume Faury, CEO Airbus “Norway and Sweden are among the most demanding regions for aviation and have great potential for hydrogen production from renewable energy sources. I am very pleased to enter into this cooperation with partners fully engaged to take significant steps towards decarbonising aerospace. It fits perfectly with our strategy of deploying hydrogen aviation ecosystems in the most suitable parts of the world.”

Abraham Foss, CEO Avinor: “Hydrogen is emerging as a key energy carrier in future fossil free aviation. As the owner and operator of 43 airports across Norway, Avinor has been working on sustainability for many years already, and has taken a position as a driving force and facilitator for the green transition of Norwegian aviation. Our dialogue with Airbus concerning the decarbonization of aviation goes several years back and we are very happy to be able to announce this collaboration together with our good neighbors in Sweden. Norway, as well as Sweden, is well positioned to be an early mover in the introduction of hydrogen-powered aircraft. We look forward to contributing with our expertise as well as infrastructure to bring this important work forward.”

“As the world takes positive steps towards a more sustainable future, SAS’ commitment is to ensure that also coming generations can enjoy the benefits of seamless global connectivity. By partnering with some of the strongest and most innovative players in the industry, we are assuming our responsibility to drive the transition towards achieving net-zero emissions. A journey that matters not just for SAS, but for the entire aviation industry,” says SAS’ President & CEO Anko van der Werff.

27 January, 2024

Another new Airbus jet for SAS

             Aviation Capital Group, a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs.

09 January, 2024

1.6 million passengers traveled with SAS during December

1.6 million passengers travelled with SAS in December, a 6 percent increase compared with the same month last year. SAS’ capacity increased by almost 12 percent and RPK increased by 14 percent, compared to December 2022. The flown load factor for December was 73 percent.

“1.6 million passengers travelled with SAS in December, which represents a passenger volume increase of 6 percent compared to last year. In December, Skellefteå City Airport became the first individual airport in Sweden to join SAS’s Corporate Sustainability program, and we hope this partnership will inspire other companies to join and be part of the journey to transform aviation for generations to come. SAS is also expanding its flight offerings and increasing capacity in the summer traffic program. This summer, SAS will fly to over 130 destinations in more than 40 countries, with added frequencies to popular destinations in Europe, North America and Asia and nine new destinations in Europe,” says Anko van der Werff, President & CEO of SAS


03 January, 2024

SAS is getting ready for the summer season and will fly to over 130 destinations in more than 40 countries.

SAS is getting ready for a busy summer season with over 130 destinations in more than 40 countries.

SAS is getting ready for a busy summer season with over 130 destinations in more than 40 countries.

The Scandinavian Airline SAS, currently under reconstruction and review has released details of its forthcoming summer schedule.

From Copenhagen there will be direct flights to Ibiza, Salzburg, Genoa, Tromsø and the Dalaman/Turquoise coast in Turkey. From Bergen SAS will start flights to London and from Oslo to Geneva, Milan and Tivat at the coast of Montenegro.

Erik Westman, Chief Revenue Officer at SAS said: In addition to seamless connectivity to major cities and capitals, our summer traffic program offers new holiday destinations like Ibiza, Genoa, and Tivat. For those seeking familiar favorites, we've boosted capacity to destinations such as Malaga, Florence, Palma, and Alicante. Our passengers can discover a multitude of inspiring options with SAS as they plan their upcoming summer adventures. We look forward to a busy summer and to welcoming our passengers on board”,

South European favourites

SAS is adding flights to long-time favorites in Spain and Italy from all three Scandinavian capitals. From Stockholm and Copenhagen there will be up to 20 weekly flights to Malaga and from Oslo up to 17 flights to Alicante. Milan will enjoy four daily services from Copenhagen, there will be daily flights to Florence from Copenhagen and up to 25 weekly flights to Nice.

Oslo will have 14 weekly departures to Split, and it will be possible to fly with SAS from Stockholm twice a day to Milan and Paris during peak summer. Oslo and Copenhagen also have year-round operations to another Scandinavian favorite, Gran Canaria.

North Europe

From Copenhagen there will be five daily frequencies to Düsseldorf, four daily flights to Brussels and Gdansk and three daily flights to Warsaw and Vilnius. SAS will fly from Stockholm to Tallin up to six times per day and to Vilnius three times a day. Additionally, Stockholm will increase to two daily flights to Berlin, up to six daily flights to Helsinki, and increased frequencies to both Turku and Vaasa.

Domestic and Nordics

SAS has continuous focus on domestic routes and is increasing the numbers of departures between Stockholm and Visby, Kiruna, Skellefteå, and Östersund. Furthermore, there will be up to seven daily flights from Copenhagen to Bergen during peak summer, while Oslo will feature up to two daily flights to Aalborg and four weekly flights to Billund, and increased frequencies to Northern Norway.

14 December, 2023

Aviation Capital Group confirms delivery of one Airbus A320neo to SAS


Aviation Capital Group announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines. Featuring CFM International LEAP-1A engines, this is the seventh of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

06 December, 2023

ACG deliver the 6th of 10 Airbus jets to SAS


Aviation Capital Group, one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries, has just confirmed the delivery of one new Airbus A320neo to SAS.

The jet aircraft is on long-term lease to Scandinavian Airlines and is powered by CFM International LEAP-1A engines. This is the sixth of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

28 November, 2023

Aviation Capital Group delivers an Airbus A320neo to SAS


Aviation Capital Group LLC announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines. This new jet is powered by CFM International LEAP-1A engines, this is the fifth of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.


Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. 


11 October, 2023

SAS names Mads Brandstrup as new Senior Vice President Communications and Public Affairs


Mads Brandstrup will assume the role of SVP Communications and Public Affairs at SAS, Scandinavia’s largest airline. In this role, he will work closely with CEO Anko van der Werff and oversee SAS' comprehensive communication initiatives both internally and externally. Mads Brandstrup will report directly to SAS' Executive Vice President and Chief of Staff, Carina Malmgren Heander. He will start on January 1, 2024.

"We are very pleased with the recruitment of Mads Brandstrup. His extensive leadership experience gained from senior communication roles closely integrated with senior leadership teams will make a big contribution to SAS", says Carina Malmgren Heander, Executive Vice President and Chief of Staff of SAS.

Mads Brandstrup brings with him a wealth of experience, having served as the CEO of the Danish Media Association since 2021. Prior to this role, he held key positions such as Special Advisor to the Danish Minister of Finance and Head of Press and Communication for the Danish Social Democratic Party.

"I am grateful for the opportunity to continue advancing SAS' communication efforts during this pivotal moment in the aviation industry and for SAS. With my background from both journalism, communication, and public affairs, I am eager to leverage my experience to add value to the team and SAS", says Mads Brandstrup

Mads Brandstrup replaces Karin Nyman, who is moving on to new challenges outside of SAS.

05 October, 2023

Air France-KLM to team up with SAS through equity and commercial cooperation

Air France-KLM to team up with SAS AB through equity and commercial cooperation

Air France-KLM to take up to a maximum 19.9% non-controlling stake in the share capital of the reorganized SAS AB, subject to approvals and conditions.

Air France-KLM ambitions to enhance the Group’s footprint in Scandinavian markets through a commercial cooperation between its airlines and SAS AB.



Air France-KLM welcomes the announcement by SAS AB’s Board of Directors that the Air France-KLM Group, Castlelake, L.P., on behalf of certain funds or affiliates, and Lind Invest ApS (collectively, the “Consortium”) have, together, been selected as the winning bidder in SAS’s exit financing solicitation process.

Benjamin Smith, CEO of Air France-KLM stated: “This is an important day for SAS and for Air France-KLM. We are pleased to be part of the winning bidding consortium selected by the board of SAS. Air France-KLM looks forward to establishing strong commercial ties with SAS. With its well-established position in Scandinavia and strong brand, SAS offers tremendous potential to Air France-KLM. This cooperation will allow Air France-KLM to enhance its position in the Nordics and improve connectivity for Scandinavian and European travelers. We look forward to being a part of this new chapter in SAS’ history and thank the board of SAS for their trust.”

As previously expressed, Air France-KLM is determined to play an active role in the consolidation of European aviation. The envisaged cooperation with SAS is one of the components of the Group’s strategic roadmap.

The Consortium’s investment proposal remains to be finalized and is subject to certain conditions and regulatory approvals including, but not limited to, approval by the European Commission, the US court overseeing the Chapter 11 reorganization and, in respect of SAS AB, the Swedish court.

SAS reaches major milestone in SAS FORWARD – announces the winning consortium, including details of the transaction structure


SAS has reached a major milestone in its ongoing chapter 11 process in the U.S. and has selected Castlelake, L.P., on behalf of certain funds or affiliates, Air France-KLM and Lind Invest ApS (“Lind Invest”), together with the Danish state as the winning bidder consortium in its exit financing solicitation process. The agreed transaction structure includes a total investment in the reorganized SAS corresponding to USD 1,175 million (SEK 12.925 billion[1]), including USD 475 million (SEK 5.225 billion) in new unlisted equity and USD 700 million (SEK 7.7 billion) in secured convertible debt, as well as a USD 500 million (SEK 5.5 billion) refinancing by Castlelake of SAS’ current debtor-in-possession (“DIP”) term loan. As part of the transaction, SAS is intended to eventually join the SkyTeam Alliance (“SkyTeam”), of which Air France-KLM is a founding member, and exit the Star Alliance, subject to any relevant approvals and emergence from the Chapter 11 process.

The details and final documentation for the agreed transaction structure remain to be finalized between the Investors and SAS. The transaction will also need to be approved as part of SAS’ Chapter 11 plan of reorganization (the “Chapter 11 Plan”). The confirmation and effectiveness of the Chapter 11 Plan remain subject to various conditions precedent, including approval by the U.S. Bankruptcy Court for the Southern District of New York (the “U.S. Court”), which will require the solicitation of votes on the Chapter 11 Plan from certain creditors, approvals from various regulatory authorities and the completion of a Swedish company reorganization (as described below). No approval is expected to be required from the existing shareholders of SAS AB for the transaction.

SAS will continue to operate and serve its customers as usual throughout the implementation of the transaction, which is likely to entail a filing by SAS AB (i.e., the listed parent company for the SAS group) for a company reorganization in Sweden (Sw. företagsrekonstruktion) (the “Swedish Reorganization”) in 2024. As a result of that process, all of SAS AB’s common shares and listed commercial hybrid bonds are expected to be cancelled, redeemed and delisted (currently expected to occur during the second quarter of 2024). Consequently, no value is expected for existing shareholders in SAS AB and only a modest recovery is expected for the holders of commercial hybrid bonds.

30 September, 2023

The last Boeing 737 flight for SAS set for 19th November.


“To move from the old to the new is the only tradition worth keeping”. These words were written by the founder of Scanadian Airlines Wallenberg, and are as valid today as they were back in 1946 when the company started. 

The Boeing 737 has served the airline well over the years since it was first introduced to the fleet, but now the carrier says it’s time to say goodbye to this iconic plane. As part of the airline's move to newer, next-generation, more efficient aircraft, which SAS has been phasing in for the last few years, it also sees the upcoming retirement of older fuel-hungry jets. 

On 19 November, Dag Viking will complete the final commercial Boeing 737 flight for SAS. It happens under flight number SK737, on a memorable trip from Stockholm to its home base in Oslo.



05 September, 2023

SAS names Ginger Hughes as new Chief Transformation Officer and Paul Verhagen as new Chief Commercial Officer.


SAS appoints Ginger Hughes as Chief Transformation Officer. Hughes brings a lot of experience from her advisory role at Seabury, where she has guided SAS through the Chapter 11 process for over a year.

“With a remarkable three-decade-long career advising airlines worldwide, Ginger Hughes has been instrumental in shaping strategic transformations, restructuring endeavours, aircraft procurement and financing, cost optimization strategies, loyalty programs, and alliance initiatives. Ginger will be instrumental in driving SAS transformation journey successfully forward and it’s with great pleasure I welcome her onboard”, says SAS President & CEO, Anko van der Werff.

Hughes assumed her role on September 1st 2023.


"As I step into this role, I am humbled by the legacy of this airline. It’s with great anticipation and pleasure, I embrace the responsibility to drive SAS successfully through this very important transformational journey, and I look forward to being part of SAS soaring to new horizons of success”, says Ginger Hughes.

SAS is also announcing the appointment of Dutch native Paul Verhagen as new Chief Commercial Officer. Paul brings with him 25 years of executive experience in the airline and hospitality industries, having worked in 11 different countries across Europe, the Americas, the Caribbean, and Asia. Paul’s diverse commercial leadership positions include serving as the Deputy Chief Executive Officer at Iberojet Airlines, as well as holding the role of Senior Vice President of Global Sales Strategy & Channels at Aeromexico. Paul also comes with previous Scandinavian experience as he was Regional Director for Norway, Finland & the Baltic States at Air France KLM.

Verhagen assumed his role on August 14th, 2023.


“We are thrilled to welcome Paul to the SAS family. With his extensive global aviation industry experience and diverse commercial leadership background, he brings a wealth of knowledge and Paul's addition to the executive management team will undoubtedly be a pivotal factor in propelling SAS to new heights of competitiveness on the global airline stage,” says Anko van der Werff

In his new position, Paul will be responsible for sales across all channels, brand, customer communication and product and loyalty under one organization. This holistic approach aligns with SAS's commitment to foster growth and drive profitability.

"It's an immense honour to be part of an airline with such a rich legacy and promising future. SAS's journey resonates with me deeply, and I am committed to contributing to its strategic priorities, from remaining Scandinavia's preferred airline to championing cost competitiveness and sustainability leadership,” says Paul Verhagen.

03 September, 2023

Aviation Capital Group delivers a new Airbus A320neo to SAS


Aviation Capital Group LLC has announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the fourth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 480 owned, managed and committed aircraft as of June 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

08 August, 2023

2.4 million passengers travelled with SAS in July

2.4 million passengers travelled with SAS in July, the highest monthly passenger figure since before the pandemic. The number of passengers increased with 82 percent compared to the same month last year, which was negatively impacted by the pilot strike. SAS’ capacity increased by 84 percent and RPK by 92 percent, compared to the same month last year. The flown load factor was 86 percent during the month.

“The summer season continued with another busy month for SAS. 2.4 million passengers travelled with SAS in July, the highest passenger figure since before the pandemic. We are pleased to see the positive trend for passenger demand, with continued booking strength throughout the month of July”, says Anko van der Werff, President & CEO of SAS.

SAS total traffic (scheduled and charter)Jul23Change1Nov22- Jul23Change1
ASK (Mill.)4,87284.1%30,14827.3%
RPK (Mill.)4,17792.1%22,89242.4%
Load factor85.7%3.5 pp75.9%8.1 pp
No. of passengers (000)2,41582.3%16,89439.5%

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

Geographical development, scheduleJul23           vs.          Jul22Nov22-Jul23   vs.   Nov21-Jul22
RPKASKRPKASK
Intercontinental145.9%161.2%67.6%41.1%
Europe/Intrascandinavia73.5%69.3%35.9%24.9%
Domestic118.6%88.2%26.9%16.3%

Preliminary yield and PASKJul23Nominal change1FX adjusted change
Yield, SEK1.03-1.6%-5.5%
PASK, SEK0.870.1%-3.8%
Jul23
Punctuality (arrival 15 min)62.6%
Regularity97.5%
Change in total COemissions35.6%
Change in COemissions per available seat kilometre1.9%
Carbon offsetting of passenger-related emissions34.6%

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 COemissions 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.

Search