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Scandinavian yields continue to show weakness, but traffic starting to thaw

9-Sep-2009

Scandinavian aviation remains crisis ridden. Even the region’s fast-charging LCC, Norwegian Air Shuttle, reported a deterioration in yield last month, while SAS and Finnair continue to struggle. [1396 words]

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Subheadings:

  • Norwegian currently the best positioned Scandinavian carrier
  • Norwegian growing at the expense of its network competitors
  • Scandinavian Airlines yields remain weak
  • …and expected to continue moving forward
  • But Summer leisure traffic developing well
  • Finnair’s pricing levels “still decreasing”, demand expected to fall during remainder of 2009
  • Announces changes to Group structure in cost reduction attempt

Graphs and data:

  • Norwegian Air Shuttle yield growth: May-2008 to Jun-2009
  •  Norwegian traffic highlights for Aug-2009
  • Finnair, SAS Group and Norwegian total passenger load factor: Aug-2008 to Aug-2009
  • Norwegian, Finnair and SAS Group total passenger number growth: Aug-2008 to Aug-2009
  • Scandinavian Airlines yield growth: Apr-2008 to Jul-2009
  • SAS Group traffic highlights: Aug-2009
  • Finnair traffic highlights: Aug-2009
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