SIA Group's passenger load factor down 12.1 ppt in February

Its passenger carriage slid by 17% YoY.

The passenger load factor (PLF) of Singapore Airlines (SIA) Group fell 12.1 percentage points (ppt) YoY to 69.1% in February as the COVID-19 continues to hit the overall tourism sector, an announcement revealed.

Also read: SIA Group's January load factor up 1.4ppt to 84.5%

Likewise, SIA Group airlines' passenger carriage slid by 17% YoY. The capacity for the same period also dipped 2.4%.

SIA’s PLF slipped by 13 ppt YoY to 67.4% in February whilst its passenger carriage fell 12.5% YoY, against a 4.3% increase in capacity. PLF declined for all route regions, in particular for the East Asia route region.

SilkAir's system-wide passenger carriage crashed 37.8% YoY against a 20.1% decline in capacity. This led to a 17.2 ppt YoY decline in PLF to 60.6%, as all route regions recorded declines.

Meanwhile, Scoot recorded passenger carriage decline of 25.9% against a capacity contraction of 20.4%, which led to a 5.9 ppt YoY decrease in PLF to 79.4%.

In addition, the overall cargo load factor (CLF) was 3.5 ppt higher with growth in cargo traffic (measured in freight tonne-kilometres) of 8.6% exceeding 2.1% expansion in capacity. East Asia and Americas registered improvements in CLF.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia