SAS med grusomme tall for april - Aviation24.be

SAS Traffic figures April 2020: -95.7%

By

André Orban

 -

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%