SAS traffic figures - June 2015

• SAS carried a total of 2.8 million passengers in June.
• The total traffic (RPK) decreased by 5.2%.
• The total capacity (ASK) was reduced by 2.2%.
• The total load factor decreased by 2.6 p.u. to 81.6%.
• The currency adjusted yield and PASK were up 5.6% and 0.6% respectively in
May. The nominal yield and PASK were up 9.9% and 4.7% respectively.
Market trends
Market conditions in Scandinavia have temporarily stabilized and the balance
between capacity and demand has improved in comparison with 2014. However, the
competition remains very intensive in certain markets.

PASK and yield development
In May 2015, SAS’ currency adjusted yield and PASK were up 5.6% and 0.6%
respectively as expected. The nominal yield and PASK were up 9.9% and 4.7%
respectively. In June 2015 the change vs last year in the currency adjusted PASK
is expected to be slightly negative.

SAS scheduled traffic development in June
SAS traffic development in June 2015 is a result of a planned reduction of the
capacity together with a more active yield management. The development shall
also be set in relation to last year’s strong traffic growth, high passenger
load factor and weak yield. During June 44 seasonal routes were opened as part
of the network adjustment for the summer months as a response to increasing
demand on leisure routes, particularly to southern Europe. Traffic responded
above all well to/from Sweden where it grew by approximately 6%.

Scheduled capacity was decreased 0.2% while traffic during June decreased 3.8%,
which resulted in a decline in the load factor of 3 p.u. to 80%. SAS
intercontinental capacity was decreased by 3.7% and the traffic was down 5.6%.
During June, the fourth upgraded long haul aircraft was phased into traffic. SAS
traffic on European/ Intrascandinavian routes decreased 3.1% from high levels
last year. Domestic traffic was down 2.6% and capacity was up 2.7%.