The SAS Group Traffic figures March 2012 SAS Group's March 2012 traffic figures SAS Group • SAS Group carried 2.4 million passengers in March, up (scheduled) Mar 12 Change Jan-Mar 12 Change 4.5% corresponding to 106 000 passengers. • The SAS Group’s capacity (ASK) increased by 3%. ASK (Mill.) 3 260 3,0% 8 701 2,0% • SAS Group's traffic (RPK) increased by 9.3%. RPK (Mill.) 2 357 9,3% 5 943 5,1% • The passenger load factor increased by 4.2 p.u. in March to 72.3%. Passenger load factor 72,3% +4,2 p u 68,3% +2,0 p u No. of passengers Group market trends, RASK and yield development (Mill.) 2,449 4,5% 6,416 5,3% Traffic growth was good on most routes during March as the SAS Group continued to carefully managed its capacity to improve the load factor. During February 2012, currency adjusted yield was down by Summary of the March 2012 vs March 2011 2.9% versus previous year and RASK was unchanged. For airlines scheduled March 2012, (change vs last year), the yield and RASK development will be somewhat weaker than February. Change Traffic Capacity Load of load The response to market campaigns is still good and forward (RPK) (ASK) factor factor booking levels are above last year’s level, but premium SAS Group 9,3% 3,0% 72,3% +4,2 p u bookings are weaker on certain routes. Overall, the market Scandinavian growth continues to be good, but remains unpredictable due to Airlines 12,6% 6,1% 73,2% +4,2 p u added capacity in certain markets, risk in the global economy Widerøe -0,3% 1,2% 56,1% -0,9 p u and continued high jet fuel prices. This adds uncertainty to the Blue1 -34,7% -37,6% 65,3% +2,9 p u yield and RASK outlook going forward. The SAS Group plans to gradually increase the capacity in line with the seasonally stronger demand and in total increase the capacity by 5-6% Scandinavian during 2012 as 28 new routes are planned to be launched. Airlines Mar 12 Change Jan-Mar 12 Change SAS Group product and news update ASK (Mill.) 3 007 6,1 % 7 987 4,6 % • SAS opened Copenhagen-Shanghai which will be served RPK (Mill.) 2 203 12,6 % 5 526 7,7 % five times per week. Passenger load factor 73,2% +4,2 p u 69,2% +2,0 p u • SAS innovative Smart Pass self service solution is from March 2012 available throughout the whole of Scandinavia. Passengers (Mill.) 2,074 5,9 % 5,409 6,5 % • Scandinavian Airlines customer satisfaction has improved further in the beginning of 2012 and is now the highest in Route area Mar 12 vs Mar 12 vs. more than 11 years. (change): Mar 11 Mar 11 Traffic Capacity Traffic Capacity Scandinavian Airlines’ traffic development (RPK) (ASK) (RPK) (ASK) • Number of passengers increased by 5.9% to 2.1 million. Intercontinental 21,8% 16,2% 7,7% 7,8% • Traffic increased by 12.6% and capacity was up 6.1%. Europe/Intrascand 9,7% 0,7% 7,1% 1,0% • The load factor was up 4.2 p.u. to 73.2%. Domestic 5,8% 4,9% 8,8% 7,6% Scandinavian Airlines traffic grew well in March and especially on intercontinental routes where the traffic was up 21.8% partly due to new route and growth on the USA routes. Demand is still lower on certain Asian routes. The traffic on the European/Intrascandinavian routes was also strong and Widerøe Mar 12 Change Jan-Mar 12 Change positively affected by additional frequencies and routes. The domestic traffic grew by 5.8%, slightly more than the ASK (Mill.) 118 1,2 % 340 5,9 % increased capacity. RPK (Mill.) 66 -0,3 % 185 2,7 % Widerøe and Blue1’s traffic development Passenger load factor 56,1% -0,9 p u 54,3% -1,7 p u Widerøe carried 227,000 passengers in March, up 4.1% vs Total no. of last year. Capacity was up 1.2%, negatively affected by passengers (Mill) 0,227 4,1 % 0,632 7,1 % challenging weather conditions. The total passenger load factor declined by 0.9 p.u. to 56.1%. Blue1’s positive development of the load factor continued during March and the load factor improved by 2.9 p.u. to Blue1 Mar 12 Change Jan-Mar 12 Change 65.3%. The capacity was reduced by 37.6% in line with the focus on the Nordic region’s shorter routes. Traffic continued ASK (Mill.) 135 -37,6 % 373 -34,4 % to grow on routes within the Nordic region despite intensive RPK (Mill.) 88 -34,7 % 232 -32,3 % competition. Passenger load factor 65,3% +2,9 p u 62,2% +2,0 p u Punctuality* March 2012 Regularity March 2012 Total no. of Scandinavian Airlines: 87.8% Scandinavian Airlines: 98.7% passengers (Mill) 0,149 -11,0 % 0,375 -11,3 % Blue1: 91.6% Blue1: 99.0% Widerøe: 81.7% Widerøe: 95.3% * Departure within 15 minutes For further information Please contact VP,Head of SAS Group Investor Relations Sture Stølen + 46 8 797 1451 [email protected] Homepage: www.sasgroup.net 1.