SAS has released that passenger growth, unit revenues and passenger yield showed good development in February 2020, as COVID-19 had a limited impact. Due to the outbreak, SAS has noted a reduced demand going forward and is adjusting its route network and capacity accordingly.
Total capacity and traffic increased by 1.4% and 0.5%, respectively, compared to last year. The load factor decrease 0.7 points to 65.2% compared to February 2019. Currency adjusted unit revenue increased by 1.1% and passenger yield increased by 2.2%.
Following the outbreak of COVID-19, SAS suspended flights to/from Mainland China on January 31, Northern Italy on March 4, and Hong Kong on March 5. SAS is also adjusting other parts of network and reducing capacity on routes with lower demand.
