The SAS Group Traffic figures December 2005

[sail4fun]

http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=169946&fn=wkr0001.pdf

The SAS Group Traffic figures December 2005

Record load factor and passengers in 2005
· SAS Group carried 34,9 million passengers 2005 and reached a full year record load factor of 66,5%
· SAS Group load factor for December was up 7,8 p.u. to a record 65,1%.
· Total passenger traffic (RPK) increased by 15,5% in December 2005 vs 2004.
· The SAS Group transported 2,6 million passengers in December 2005, an increase of 19,4%.
· Yield for November decreased by 4,9%.

Group market trends and yield development
SAS Group traffic developed well during 2005 with a traffic increase of 6,8%. Number of passengers carried increased by 8,0% to 34,9 million for 2005 as a whole.
Traffic (RPK) for December month increased by a strong 15,5%. With capacity (ASK) up only 1,6% this gave an improved load factor of 7,8 p.u. to 65,1%. Number of passengers increased by 19,4% positively affected by the introduction of new business models as from September 1.

The trend with decreasing yield being offset by improved passenger load factor continued in December. Yield for Scandinavian Airlines in November was down 4,9% compared with 2004. Yield for December is expected to be approximately in line with November.
Some signs of reduced capacity in the marketplace have emerged, but overall and due to the situation with continued overcapacity, high jet fuel prices and the competitive situation with many price initiatives in many markets the outlook remains cautious.

Intercontinental traffic was marginally down in December, but load factor improved. SAS Group European traffic increased by 33,5% and passenger load factor increased by 11,6 p.u. primarily due to the introduction of new business models and weak comparative figures for Spanair. Spanair's traffic was up 38,1% and load factor increased by 9,8 p.u. to 59,5%. Blue1 in Finland continued to grow and traffic increased by 17,0%. airBaltic continued to grow and traffic was up 77,7% driven by strong growth both from Riga and Vilnius.

Scandinavian Airlines Businesses
· Scandinavian Airlines passenger load factor increased by 8,2 p.u. to 67,4%.
· Load factor on European routes increased 13,9 p.u. to 64,8%.
The introduction of Scandinavian Airlines new business model has been positively received in the market. Traffic on European routes in December increased by 13,7%. Traffic on intrascandinavian routes was up by a strong 14,0% and load factor increased by 8,6 p.u. to 57,0%.

Scandinavian Airlines International
Total intercontinental traffic was down 1,0% vs last year. Capacity was reduced by 4,1% due to one less aircraft on Atlantic routes. Asian traffic increased by 4% and capacity was flat resulting in improved load factor. Capacity on North Atlantic routes was reduced by 6% resulting in lower volumes. Total load factor was up 2,3 p.u. to 76,1%.

For further information Please contact VP,Head of SAS Group Investor Relations Sture Stølen
+ 46 8 797 1451 sture.stolen@sas.se Homepage: www.sasgroup.net

 

[Hurum]

Replying to Topic 'The SAS Group Traffic figures December 2005'

Merkelig at ikke CK er bekymret for yielden hos SAS

Svake inntekter
SAS-gruppens samlede kabinfaktor - andel betalte seter i bruk - økte med 7,7 prosentpoeng til 65,1 prosent. Ifølge SAS er dette rekordhøyt.

Det alene er likevel ikke nok.

- Kabinfaktoren er bra, men yielden faller mye, sier flyanalytiker Martin Huseby Karlsen i DnB Nor Markets til dn.no.

Yielden/enhetsinntekten - eller summen SAS-konsernet har i inntekter per passasjer ganget med antall kilometer som flys - falt 4,9 prosent i november. SAS venter at desember ga en tilsvarende utvikling.

Hentet fra dagens Dagens Nærlingsliv

 

[Guest]

Replying to Topic 'The SAS Group Traffic figures December 2005'

Det er naturligvis bekymrende at yield falder, men hvis omkostningerne også falder er det vel knap så alvorligt, og det er vel lige netop det som "turn-around 2005" skal sørge for sker.

 

[TOS]

Replying to Topic 'The SAS Group Traffic figures December 2005'

Originally posted by Hurum


Merkelig at ikke CK er bekymret for yielden hos SAS

Jeg vet ikke om yielden til SAS falt med 4.9% i forhold til samme tid i fjor, eller i forhold til forrige måned. For DY var det slik at yielden falt med 12% i desember 2005 i forhold til samme tid året før.

Det er vel som jens her sier at dersom man faktisk også leverer kostnadsbesparelser i produksjonen, som SAS vel rapporterer at de gjør, så er det mindre grunn til bekymring. For DYs del har jeg ikke sett noe informasjon om kostnadsbesparelser - annet enn hva som er målet (0,51 NOK eller noe slikt). For SAS sin del er det selvsagt viktig å viser til lønnsomhet, men det er noe mindre kritisk på kort sikt fordi man har en kasse som er relativt stor (stort sett så viser det seg at endringen i cash flowen til SAS er mye mindre negativ enn det rapporterte underskuddet, slik at SAS kan tære lenge på oppsparte midler før de står i fare for å gå konkurs). For DYs del er det vel et poeng å vise til lønnsomhet over en litt lengre periode.

Det beste for alle parter at både SAS og DY klarer å oppvise lønnsom drift.