, Singapore

SIA passenger load factor improves to 80.4% in August

But PLF declined for the South West Pacific route region.

Singapore Airlines Group (SIA Group) passenger load factor (PLF) rose by 1.2 ppt to 80.9%.

According to SIA's operating results, passenger carriage rose 5.1% YoY, outpacing capacity injection of 3.5%.

Singapore Airlines' (SIA) PLF also increased 0.4ppt to 80.4%.

Passenger carriage increased 0.8% YoY against a 0.4% rise in capacity.

According to SIA Group, "Stronger passenger demand to Asia, restructuring of the Americas network, and capacity adjustments to Europe led to stronger PLFs for these route regions. PLF declined for the South West Pacific route region as passenger growth did not keep up with capacity injection. The operating landscape remains challenging with ongoing efforts to balance yields against competitive pressures."

Meanwhile, SilkAir's passenger carriage grew 25.6% YoY against a capacity growth of 17.6%. PLF grew by 4.8 ppt to 75.8%, thanks to stronger demand in India, Maldives, China, and South East Asia.

Scoot passenger carriage also went up 17.7%, outpacing capacity expansion of 12.6%. PLF rose by 3.6 ppt to 84.8%, boosted by improvement in all route regions.

"Demand on selected routes to India, Bangladesh, and South East Asia continued to improve," SIA said. "During the month, Scoot took delivery of its third 787-8 aircraft fitted with crew rest bunks, for long-haul services, which led to a wide-body fleet of 15 aircraft compared to 12 a year ago."

Overall cargo load factor (CLF) rose 2.9 ppt, alongside growth in cargo traffic of 4.5% against a capacity reduction of 0.3%.

CLF rose for all regions except Europe, wherein demand outpaced capacity changes.

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