SIA Group's passenger load factor hit 8.6% in May

SilkAir and Scoot saw the largest declines in passenger carriage.

SIA Group saw its passenger load factor (PLF) hit 8.6% in May, a press release revealed. Passenger carriage plummeted 99.6% YoY, whilst passenger capacity was cut by 96.2%.

SIA’s capacity was 95.6% YoY lower in May, with only a skeletal network in operation connecting Singapore to 14 metro cities. Passenger carriage crashed 99.5%, resulting in a PLF of 9.2%. However, these figures are expected to pick up as the number of destinations and frequencies on some existing services will be increased in June and July, arising from the resumption of transfers via Changi.

Meanwhile, SilkAir's passenger carriage dropped 99.8% YoY against a 99.6% cut in capacity. PLF then fell to 31.7% as SilkAir only operated flights between Singapore and Chongqing in May.

Lastly, Scoot’s passenger carriage plunged 99.9% against a contraction in capacity of 97.5% and leading to a PLF of 2.7%. During the month, Scoot temporarily ceased operations to
Southeast Asia, West Asia and Europe, whilst maintaining flights to Hong Kong and Perth.

On the other hand, the group’s cargo load factor (CLF) rose 14.4 ppt in May as the capacity contraction of 61.9% outpaced the 52.8% decline in cargo traffic (measured in freight tonne kilometres).

“Capacity contraction would have been much greater, save for the deployment of passenger aircraft on cargo-only flights. All regions registered improvements in CLF,” SIA said.

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