SINGAPORE: Singapore Airlines Group’s passenger carriage (measured in revenue passenger kilometres) fell by 2.9 per cent compared to last year, while capacity (measured in available seat kilometres) increased by 3.6 per cent. Passenger load factor (PLF) fell 5.2 percentage points to 79.7 per cent.
The carrier’s system-wide passenger carriage declined by 6.8 per cent against a 0.3 per cent fall in capacity year-on-year. Consequently, PLF fell 5.6 percentage points to 80.0 per cent.
PLF declined across all regions due to softer passenger demand. The competitive landscape continues to remain challenging for the airline.
SilkAir’s system-wide passenger carriage decreased by 2.0 per cent year-on-year, compared to a 5.3 per cent expansion in capacity. Consequently, PLF declined by 5.2 percentage points to 71.0 per cent. Growth in passenger carriage for east Asia and Pacific, and west Asia regions lagged behind capacity growth, resulting in a 5.6 percentage point and 4.1 percentage point decrease in PLF respectively.
Scoot’s system-wide passenger carriage improved by 52.8 per cent year-on-year. Capacity increased by 61.8 per cent as the number of aircraft increased from seven to 11. Consequently, PLF decreased by 4.8 percentage points to 80.4 per cent.
Tigerair’s system-wide passenger carriage declined seven per cent year-on-year with a 3.6 per cent reduction in capacity. Consequently, PLF decreased by 2.9 percentage points to 82.2 per cent.
