SAS passenger traffic increased in January. Photo:Leif R Jansson/Scanpix

SAS January traffic up

Scandinavian airline SAS has reported a 5.4 percent rise in passenger traffic in January compared to the same month last year, with the news bringing an increase in share prices.

SAS, half of which is part owned by Sweden, Norway and Denmark, said its passenger load factor, a measure of how well it fills seats, fell to 63.9 percent in January from 73 percent the previous month.

SAS, which has been the subject of takeover talk, is due to post its fourth-quarter earnings report on Tuesday.

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