The SAS Group Traffic figures September 2008

The SAS Group Traffic figures September 2008

SAS Group's September traffic figures 
• SAS Group's traffic decreased by 6.7% during September and seat capacity was
up 1,7% vs 2007.
• SAS Group carried 3.3 million passengers in September, down 8.4% vs 2007. 
• Total load factor was down by 6.3 p.u. to 69.6%.   

Group market trends and yield development
Yield for Scandinavian Airlines in August was up by 4,9%, higher than indicated
last month. For September 2008, the change in yield is expected to improve
further. 

The market is now characterized by lower demand due to weaker macroeconomic
development in Scandinavia and Europe. The challnges within the credit market
will most likely result in an even more difficult macroeconomic environment. The
imposed fuel surcharges are gradually supporting the yield and are expected to
continue to stabilize yield going forward. The SAS Group is currently
implementing measures - Profit 2008 - to secure the result development in 2008.
The measures comprises both revenue enhancing and cost measures totaling 1,5 SEK
billion. Capacity reductions of 10% as announced earlier will gradually start to
take effect later this autumn. The program is running according to set out plan.


SAS Scandinavian Airlines 
• Traffic decreased by 1.9% in September
• The load factor decreased by 6.6 p.u to 71.2%.

Scandinavian Airlines International's total intercontinental traffic was down by
3.2% vs last year and capacity was in line with last year. Traffic grew by 3% on
the US routes but was down 11% on Asian routes. The passenger load factor
decreased by 2.9 p.u to 85.6%.