SAS Group pax up 2.6% in Jul-2010, SAS yield down 9% in Jun-2010

SAS Group passenger numbers up 2.6% - traffic highlights in Jul-2010:

• Passenger numbers: 2.0 million, +2.6% year-on-year;
  • Scandinavian Airlines: 1.7 million, +2.0%;
  • Wideroe: 168,000, +1.6%;
  • Blue1: 109,000, +13.4%;
• Load factor: 84.7%, +1.0 ppt;
  • Scandinavian Airlines: 85.4%, +0.9 ppt;
  • Wideroe: 66.1%, -1.2 ppt;
  • Blue1: 85.3%, +2.7 ppts;
• Jun-2010 yield:
  • Scandinavian Airlines: -9.0%;
• Jun-2010 revenue per ASK:
  
  • Scandinavian Airlines: -7.2%. [more]

SAS Group: "The currency adjusted yield for Scandinavian Airlines in June 2010 was down by 9.0%, slightly more than indicated last month. RASK was as a result down by 7.2%. The yield is affected by a mathematical routemix effect from the relatively strong performance on intercontinental routes versus short haul routes, one off adjustments of the frequent flyer liability but also due to overcapacity and price pressure in some markets. The yield outlook for July is uncertain and indicates yield (change) in line with May," Company statement. Source: SAS Group, 06-Aug-2010.