SAS Traffic figures April 2020: -95.7%
By
-
10 May 2020
SAS’
scheduled capacity fell with nearly 95% compared to last year as a result of
the ongoing COVID-19 pandemic. During April, only a limited network in Norway
and Sweden was maintained.
“We
continue to face challenging times that are radically impacting our
business. Even though no one can foresee exactly how passenger demand
will evolve in the coming months and years, it is clear that it will take a
much longer time than previously anticipated. In our view, it will take until
2022 before demand starts to reach pre-COVID-19 levels.
“The current
situation forces us to take all possible measures to reduce costs and preserve
cash to be able to emerge from this crisis as a sustainable, profitable and
vital part of the Scandinavian infrastructure. Given the time it will
take to ramp up production, we have unfortunately had to initiate processes to
reduce the size of our future workforce by up to 5,000 full-time positions.
“As part of
our ongoing work to safeguard our future, I’m grateful and pleased that we now
have secured the SEK 3.3Bn revolving credit facility guaranteed by the states
of Sweden and Denmark. This additional liquidity will, alongside our initiated
cost reduction measures, give us the time needed to explore further
opportunities and financial support to safeguard our business,” says
Rickard Gustafson, CEO SAS.
SAS
scheduled traffic
|
Apr20
|
Change1
|
Nov19-
Apr20
|
Change1
|
ASK
(Mill.)
|
203
|
-94.5%
|
16 665
|
-23.9%
|
RPK
(Mill.)
|
54
|
-98.0%
|
10 763
|
-28.8%
|
Passenger
load factor
|
26.6%
|
-47.9
p.p.
|
64.6%
|
-4.5
p.p.
|
No. of
passengers (000)
|
94
|
-95.6%
|
9,243
|
-26.8%
|
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