SAS Group pax down 7.1%, yield continue to be under pressure in Dec-2009
SAS Group passenger numbers down 7.1% - consolidated traffic highlights:
- 12 months ended 31-Dec-2009:
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.