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SAS Traffic Reports: SAS Group's February 2011 Traffic Figures

Dépèche transmise le 7 mars 2011 par Business Wire

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

• SAS Group's (OSE:SASNOK)(STO:SAS) traffic (RPK) increased by 5.3% during February and capacity (ASK) increased 5.9% vs same period 2010.

• The passenger load factor decreased by 0.4 p.u. to 66.5%.

• SAS Group carried 2.0 million passengers in February, up 6.4%.

Group market trends, RASK and yield development

During January 2011, currency adjusted RASK was down 1.1% as cargo continued to perform well. The currency adjusted yield in January was down 1.9%. The improvement compared with previous months reflects a positive mix. For February 2011, passenger yield (change vs last year) and RASK are expected to be in line with January outcome. On 22 February, fuel surcharges were raised between EUR 3-5 on domestic and international routes.

The market remains unpredictable particularly yield development due to overcapacity in certain markets. A recovery has been noted on Asian routes, domestic and Intrascandinavian routes. Scandinavian Airlines is continuously improving its premium product and a noticeable increase in customer satisfaction has been achieved. The implementation of the cost saving program is on track.

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