STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
SAS Traffic Reports (STO:SAS)(OSE:SASNOK):
Market trends, PASK and yield development
Market conditions remain challenging. However, since the introduction of the summer 2014 program, load factors have improved and in September 2014, SAS reports the sixth consecutive month with an improvement in the load factor versus last year.
In August, SAS’ yield was down 2.3% while PASK was up 1.1%. Currency adjusted yield and PASK were down 4.6% and 1.3%, as expected. In September 2014 the change in the currency adjusted PASK vs. last year is expected to be in line with last year.
SAS scheduled traffic development in September
Following the expanded leisure network during the summer months, SAS seasonally increased its capacity on the more traditional businesses routes in September. The capacity was increased by 3.9%, primarily driven by intrascandinavian routes and larger European destinations.
Traffic grew by 6.7% resulting in a 2.0 p.u. improvement in the load factor to 76.6%, the second highest load factor for a September month.
SAS intercontinental routes continued to perform well with a traffic growth of 3.2%, driven by the USA routes.
Domestic routes grew 2.3% combined with a positive load factor development.
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