October upswing for SAS and Fly Me

Figures just released from SAS and its competitor Fly Me show an improvement in the fortunes of both companies. With relatively full planes and improved turnover, the companies performed better than expected.

Measured in passenger kilometres, SAS’s total traffic increased by 8.5% in October compared to the same month last year. Cabin factor, which shows how full the planes are, increased by 5.1% to 70.3%.

Buoyed by low prices and simpler ticketing, SAS flew more passengers on almost all its routes. The exception was the intercontinental routes, where traffic fell by 1.4%.

However, SAS, which is soon to present its third quarter figures, is still being cautious in its short term predictions.

Fly Me increased its departures in October and saw a 23.3% rise in the number of passengers compared to last year. Cabin factor rose from 53.5% last Octoner to 63.3% this year.

At the same time, figures from the Swedish Civil Aviation Authority showed that 2,654,100 passengers used the country’s airports – a 5% rise on last October.