Revenue of SAS Scandinavian Airlines 2009-2020

In the fiscal year of 2019/2020, SAS Scandinavian Airlines based in Sweden’s capital Stockholm, generated a revenue of only 20.5 billion Swedish kronor. Compared to the previous year, this was a 77 percent decline. The loss in revenue is mainly assigned to the coronavirus pandemic. Passenger revenue accounted for the highest value of the airline, at a share of 68 percent.

Which are the most valuable segments of SAS’ passenger flights?

Domestic flights of SAS particularly generated the highest amount of passenger revenue in the period from November 2019 to October 2020. The airline’s revenue in this segment was roughly 5.3 billion Swedish kronor. The second and third most valuable areas were European, as well as intercontinental flights.

How many people travel by SAS’ planes?

In the mentioned financial year, SAS handled only 12.3 million scheduled passengers. When adding charter traffic, the number stood at 12.6 million people. Hence, the passenger load factor, meaning the airline’s capacity utilization, amounted to 60.7 percent.

Annual revenue of SAS Scandinavian Airlines from 2009 to 2020

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Release date

December 2020



Survey time period

2009 to 2020

Supplementary notes

* As a consequence of the Group’s fiscal year changing to November 1 to October 31, the 2012 fiscal year was shortened to the period January 1 to October 31.
Figures prior to 2019 were previously published by the source.

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