SAS traffic dives in Feb, rival Norwegian Air up

Scandinavian airline SAS (SAS.ST) said on Friday passenger traffic in February plunged 20.1 percent from a year earlier while no-frills rival Norwegian Air Shuttle said passenger traffic rose slightly.

Struggling SAS — half of which is owned by Sweden, Norway and Denmark — said its passenger load factor fell 6.1 percentage points to 61.9 percent. The factor is a measure of how successful it was in filling its seats.

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