SAS Group's July traffic figures


SAS Group's July traffic figures

• SAS Group's traffic increased by 2,7% during July and seat capacity was up by
4,9% vs 2007.
• SAS Group carried 3,5 million passengers in July, down 0.3% vs 2007. 
• Total load factor was down by 1.7 p.u. to 78.9%.

Group market trends and yield development
Yield for Scandinavian Airlines in June was up by 1.3%. For July 2008 the change
in yield is expected to improve compared with slightly vs last year.

The market is still characterized by relatively good demand and passenger
growth. The imposed fuel surcharges are gradually supporting the yield and
expected to have a larger impact going forward. There are still uncertainties
regarding the future macroeconomic development as well as the competitive
situation. 

The SAS Group is currently implementing measures - Profit 2008 - to secure the
result development in 2008 in light of the record high fuel prices. The measures
comprises both revenue enhancing and cost measures totaling 1,1 SEK billion. The
capacity reductions will gradually start to take effect later this fall. The
program is running according to set out plan. 
Intercontinental traffic decreased by 2.2% vs last year and load factor
decreased by 0.5 p.u.  SAS Group European traffic increased by 6.4 % and load
factor was down 1.4 p.u.
Spanair is reducing capacity and load factor increased slightly. Widerøe's
traffic increased by 7.5% with decreasing load factor. airBaltic traffic
increased by 39.5% and Blue1 decreased by 8.1%.

For further information Please contact VP,Head of SAS Group Investor Relations
Sture Stølen
+ 46 8 797 1451 sture.stolen@sas.se

Attachments

08072148.pdf