Due to weak demand from South West Pacific.
Singapore Airlines ferried 1.52 million passengers last month, down 1.2% on a year-on-year basis.
The drop was mainly due to an 8.1% reduction in demand from South West Pacific, which has been affected by material increases in industry capacity.
Overall passenger carriage fell 1.4% from last year, compared to 1.0% growth in capacity. PLF edged up for both East Asia, and West Asia and Africa, but declined for all other regions.
Meanwhile, cargo load factor (CLF) remained unchanged at 66.4% as the increase in cargo traffic (measured in freight tonne-kilometres) matched capacity expansion of 3.3%. East Asia was the only route region which registered an improvement in CLF as demand outstripped the increase in capacity.
Do you know more about this story? Contact us anonymously through this link.