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SAS Group pax down 7.1%, yield continue to be under pressure in Dec-2009

13-Jan-2010 3:06 PM

SAS Group passenger numbers down 7.1% - consolidated traffic highlights:

  • Dec-2009:
    • Passenger numbers: 1.7 million, -7.1% year-on-year;
    • Passenger load factor: 69.7%, +4.3 ppts;
  • 12 months ended 31-Dec-2009:
    • Passenger numbers: 24.9 million, -14.1%;
      • SAS Scandinavian Airlines: 21.4 million, -15.7%;
      • Widerøe: 2.1 million, +0.9%;
      • Blue1: 1.5 million, -9.2%;
    • Passenger load factor: 70.9%, -0.3 ppt;
      • SAS Scandinavian Airlines: 71.6%, -0.3 ppt;
      • Widerøe: 60.5%, +0.8 ppt;
      • Blue1: 65.1%, +0.4 ppt. [more]

SAS Group: “The yield for Scandinavian Airlines in November was down by 9.4%, slightly better than October. For December 2009, the change in yield is also expected to be negative indicating continued yield pressure going forward. The lower yield will have a negative impact on the 4th Quarter result. The market continues to be unpredictable and the uncertainty regarding the timing of the recovery is considerable,” Company statement. Source: SAS Group, 12-Jan-2010.