SAS reports fourth-quarter 2021 results

SAS has reported its fourth-quarter results, stating that customer demand continued to increase through the year’s last quarter and as a result, capacity increased 43% compared with the third quarter the previous year. Passengers flying with SAS increased 73% compared to the last quarter and the flown load factor reached approximately 60%, an increase of 7 points compared with the earlier quarter.

Uncertainties remain regarding the development of the COVID-19 pandemic and the transformation of SAS has to continue – to adapt to the new market. Revenue for the fourth quarter was MSEK 5,762 (3,035 previous year quarter), income before tax (EBT) was MSEK -945 (-3,252 previous year). Net loss for the period was MSEK -744 (-2,566 previous year). (£1.00 = SEK11.99 at time of publication).

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