You are using an older browser version. Please use a supported version for the best MSN experience.

Top Stories

SIA passenger load factor up 0.3ppt to 81.2% in February

Singapore Business Review logo Singapore Business Review 15/3/2019 Staff Reporter
a chair sitting in front of a window: SIA passenger load factor up 0.3ppt to 81.2% in February © Provided by Charlton Media Group SIA passenger load factor up 0.3ppt to 81.2% in February

Passenger carriage rose 8.8%, slightly outpacing capacity injection of 8.3%.

Singapore Airlines' (SIA) Group passenger load factor (PLF) rose 0.3ppt YoY to 81.2%. Passenger carriage (measured in revenue passenger-kilometres) increased 8.8% compared to last year, slightly outpacing capacity (measured in available seat-kilometres) injection of 8.3%.

Cargo load factor (CLF) was 6.8ppt lower, with cargo traffic (measured in freight tonne-kilometres) declining 15.1% against a 4.6% contraction in capacity. All route regions registered declines in CLF.

SIA's PLF improved 0.5ppt to 80.4%. Passenger carriage rose 9.1% compared to last year, ahead of capacity growth of 8.5%.

PLF improved for all route regions except for East Asia and the Americas due to the shift of outbound Lunar New Year traffic from February 2018 to end-January 2019, and significant capacity growth respectively, the group said.

"Competition in several markets is aggressive, but we continue efforts to maintain comparable RASK (revenue per available seat-kilometres) to last year," it added.

SilkAir's systemwide passenger carriage increased by 4.6%, against a capacity reduction of 0.4%. Consequently, PLF increased 3.7ppt to 77.8%, with improvements across all route regions.

Scoot recorded passenger carriage growth of 9.0%, trailing growth in capacity of 10.9% which led to a 1.6ppt decline in PLF to 85.3%. PLF improved for West Asia, whilst East Asia and Rest of World recorded declines as traffic did not keep pace with the increases in capacity.

More From Singapore Business Review

Singapore Business Review
Singapore Business Review
image beaconimage beaconimage beacon