SAS Group pax numbers up 5% to 2.3m in Apr-2016, preliminary yield declines in Apr-2016

SAS Group reports (09-May-2016) the following traffic* highlights for Apr-2016:

• Passenger number: 2.3 million, +5.4% year-on-year;
• Passenger load factor: 69.6%, stable;
• Preliminary yield: -11.0%;
• Preliminary passenger revenue per ASK: -11.0%. [more - original PR]

SAS: "Demand has been positive in Scandinavia in the beginning of 2016. Overall market capacity has increased about 7% in 2016, with the strongest growth on primarily international routes. The market capacity growth is expected to slow down slightly during the summer program. Demand for European leisure routes, long haul traffic and domestic routes continue to grow." Source: Company statement, 09-May-2016.