Singapore Airlines load factor falls in July

The Singapore Airlines (SIA) group’s passenger traffic (measured in revenue passenger-kilometres) grew on the back of a calibrated increase in passenger capacity (available seat-kilometres), which rose to around 32 percent of pre-COVID-19 levels in July 2021. Passenger load factor (PLF) came in at 16.3 percent, 5.3 percentage points lower than a year before. SIA Cargo registered a monthly cargo load factor (CLF) of 87.2 percent, up 2.6 percentage points year-on-year as cargo loads (freight tonne-kilometres) rose by 57.9 percent on the back of a 53.1 percent capacity (capacity tonne-kilometres) expansion. East Asia, Americas, and West Asia and Africa route regions recorded year-on-year increases in CLF during the month. At the end of July 2021, the group’s passenger network covered 67 destinations including Singapore. The Singapore Airlines full-service network covered 531 destinations, with the commencement of services to Cape Town (via Johannesburg), Kathmandu, Manchester, and Rome (via Copenhagen). Scoot, SIA’s low-cost carrier subsidiary, served 251 destinations as at end of July with the reinstatement of operations to Sydney. Scoot’s operations to West Asia remained suspended. SIA reported in June that passenger traffic rose to around 28 percent of pre-COVID-19 levels by June 2021. Passenger load factor (PLF) for the month increased 3.9 percentage points year-on-year to 16.1 percent. SIA Cargo registered a monthly cargo load factor (CLF) of 87.6 percent, which was 5.1 percentage points higher year-on-year, as cargo traffic (measured in freight tonne-kilometres) rose by 52 percent on the back of a capacity expansion of 43.3 percent. Americas and West Asia and Africa route regions recorded year-on-year increases in CLF during the month. At the end of June 2021, the group’s passenger network covered 63 destinations including Singapore. The full-service network which includes both widebody and narrowbody operations, covered 491 destinations. Scoot, SIA’s low-cost carrier subsidiary, served 241 destinations as at end of June. Operations to West Asia on the low-cost segment remained suspended. The group continues with a calibrated expansion of the passenger network and is expected to reach around 33 percent of pre-Covid-19 levels passenger capacity by July 2021. For Editorial Inquiries Contact: Editor Matt Driskill at [email protected] For Advertising Inquiries Contact: Head of Sales Kay Rolland at [email protected]