Ramp-up was slowed down by Omicron in January In January 760,000 passengers traveled withSAS , an increase of 170% compared to the same month last year.SAS ' capacity also increased by approximately 170% compared with the same period last year. In comparison with last month, the total number of passengers decreased with almost 25% and capacity was reduced by almost 10%. The flown load factor for January was 49%, an improvement of 19 percentage points compared to January last year. "It will come as no surprise that Omicron had an impact on customer demand during the month, with additional travel restrictions being imposed on our core markets. The overall operational environment was also negatively affected due to increased sickness rates. Winter is in general a slower season and the industry still faces uncertainties regarding the development of the pandemic andSAS must continue to respond to changes in demand. However, our longer-term outlook is that we see the demand for travel increase as restrictions ease," says Anko van der Werff, President & CEO ofSAS . [][] SAS scheduled traffic Jan21 Change[1] Nov21- Jan22 Change[1] ASK (Mill.) 2,063 157.6% 6,745 145.4% RPK (Mill.) 982 309.8% 3,712 361.5% Passenger load factor 47.6% 17.7pp 55.0% 25.8 pp No. of passengers (000) 724 158.5% 3,010 201.5% Geographical Jan22 Nov21- development, vs. Jan22 schedule Jan21 vs. Nov20 -Jan21 RPK ASK RPK ASK Intercontinental 944.5% 207.6% 989.0% 179.2% Europe/Intrascandi 361.6% 262.4% 497.2% 292.5% navia Domestic 84.0% 35.7% 102.4% 23.4% [][] SAS charter traffic Jan22 Change[1] Nov21- Jan22 Change[1] ASK (Mill.) 151 2,088.6% 327 1,492.0% RPK (Mill.) 103 3,723.5% 241 2,975.5% Load factor 68.0% 29.1 pp 73.6% 35.5 pp No. of passengers (000) 34 4,704.1% 72 3,200.8% [][]SAS total traffic Jan22 Change[1] Nov21- Jan22 Change[1] (scheduled and charter) ASK (Mill.) 2,214 174.1% 7,072 155.4% RPK (Mill.) 1,085 347.7% 3,953 386.8% Load factor 49.0% 19.0 pp 55.9% 26.6 pp No. of passengers 758 169.9% 3,082 208.0% (000) [1] Change compared to same period last year, p p = percentage points []\\ Preliminary yield and PASK Jan22 Nominal change[1] FX adjusted change Yield, SEK 0.85 -29.1% -27.4% PASK, SEK 0.40 12.8% 15.5% Jan22 Punctuality (arrival 15 75.2% min) Regularity 97.1% Change in total CO2 35.2% emissions Change in CO2 emissions -8.9% per available seat kilometer, Carbon offsetting of 42.8% passenger related emissions 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 -SAS passenger related carbon emissions divided with total available seat kilometers (incl non-revenue and EuroBonus tickets), rolling 12 months vs rolling 12 months previous year Carbon offsetting of passenger related emissions - Share ofSAS passenger related carbon emissions compensated bySAS (EuroBonus members, youth tickets andSAS ' 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. For further information, please contact: SAS press office, +46 8 797 29 44SAS , Scandinavia's leading airline, with main hubs inCopenhagen ,Oslo andStockholm , is flying to destinations inEurope, USA andAsia . Spurred by a Scandinavian heritage and sustainable values,SAS aims to be the global leader in sustainable aviation. We will reduce total carbon emissions by 25 percent by 2025, by using more sustainable aviation fuel and our modern fleet with fuel -efficient aircraft. In addition to flight operations,SAS offers ground handling services, technical maintenance and air cargo services.SAS is a founder member of the Star AllianceT, and together with its partner airlines offers a wide network worldwide. Learn more at https://www.sasgroup.net This is information thatSAS AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by Louise Bergström at11:00 a.m. CET on7 February 2022 .
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