, Singapore

SIA Group's passenger load factor rose 3.5 ppt to 80.7%

Overall cargo load factor (CLF) was 4 ppt higher as demand outpaced capacity changes.

Singapore Airlines (SIA) Group airlines' passenger load factor (PLF) in November improved 3.5 ppt to 80.7%.

According to its operating results, passenger carriage, measured in revenue passenger kilometres, increased 7.6% compared to last year, outpacing capacity, measured in available seat kilometres, injection of 3%.

Meanwhile, SIA's PLF improved 3.1 ppt to 80.0%. Passenger carriage increased 5.3% compared to last year, against a 1.2% increase in capacity.

"All route regions improved due to stronger passenger demand. The operating landscape remains competitive and efforts to stabilise yields are ongoing," SIA said.

Overall cargo load factor (CLF) was 4.0 ppt higher, with growth in cargo traffic, measured in freight-tonne-kilometres, of 7.1% against a capacity increase of 1.1%. CLF improved across all regions as demand outpaced capacity changes.

Here's more from Singapore Airlines:

SilkAir’s systemwide passenger carriage grew 20.4% year-on-year, surpassing capacity growth of 15.0%.

Consequently, PLF improved by 3.3 ppt to 73.9%, led by strong growth in demand in India, China, and Southeast Asia. During the month, SilkAir took delivery of the second 737 Max 8 aircraft.

Scoot recorded passenger carriage growth of 12.7%, exceeding capacity expansion of 5.9%. Consequently, PLF went up by 5.2 ppt to 86.3%, boosted by improvements in all route regions. PLF on selected routes to India, China, Southeast Asia, Australia, as well as fifth freedom routes to North Asia continued to improve.

During the month, Scoot took over Palembang from SilkAir, and this expands Scoot's network to four destinations in Indonesia. The airline took delivery of its fourth 787-8 aircraft fitted with crew rest bunks, for long-haul services, which led to a wide-body fleet of 16 aircraft compared to 12 a year ago.

In addition, the first of the 12 A320 aircraft which were subleased to IndiGo was returned to Scoot. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.