15 Sep '11, 4pm

SIA's overall load factor drops to 66.4%

SINGAPORE: Singapore Airlines Group said on Thursday it filled 66.4 per cent of the space available on its planes for passengers and cargo in August. The figure, for Singapore Airlines (SIA), SilkAir and SIA Cargo, is lower than the 68 per cent achieved in the same month a year ago. SIA's passenger capacity grew by 5.1 per cent in August, while its passenger load factor dipped by 1.5 percentage points to 76.6 per cent last month. SilkAir's passenger capacity increased 10 per cent. However, its load factor decreased 2.3 percentage points to 70.2 per cent. SIA said the increase in capacity outpaced demand growth for most route regions, particularly the Americas. Loads for West Asia and Africa were soft due to lower volumes of travel during the fasting month of Ramadan. Systemwide passenger carriage (measured in revenue passenger kilometres) increased 3 per cent on the back o...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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