Singapore Airlines April passenger carriage outpaced capacity increases

A Singapore Airlines Scoot plane on the tarmac at Changi Airport in October 2018.A Singapore Airlines' Scoot plane at Changi Airport

Singapore Airlines’ group passenger carriage, measured in revenue passenger-kilometers, increased 7.6 percent on-year in April, outpacing capacity growth of 6.6 percent, the carrier said in a filing to SGX Wednesday.

The group level passenger load factor (PLF) improved by 0.8 percentage point to 83.5 percent, SIA said.

For the Singapore Airlines’ brand carrier, PLF improved 0.7 percentage point on-year to 83.2 percent, as passenger carriage increased 7.4 percent on-year, outpacing a capacity injection of 6.6 percent, the carrier said.

“PLF improved for most route regions due to shift in Easter from end-March 2018 to mid-April 2019, except for East Asia and Americas regions due to significant capacity growth,” SIA said.

It added it was focusing its efforts on revenue per available seat kilometer, or RASK, performance in the months ahead.

For SilkAir, systemwide passenger carriage edged up 0.1 percent, as capacity fell by 3.0 percent, SIA said.

“Route transfers to Scoot and the temporary withdrawal of the Boeing 737 MAX 8 fleet from service reduced SilkAir’s capacity,” SIA said, but it added that PLF increased 2.4 percentage points on-year to 78.1 percent as all route regions saw improvements.

Scoot’s PLF increased 0.7 percentage point on-year to 86.8 percent in April, with passenger carriage growth of 10.9 percent outpacing a 10.1 percent capacity injection, the carrier said.

“PLF improved for West Asia and Rest of World, while East Asia recorded declines,” SIA said. “During the month, Scoot launched its inaugural flight from Singapore to Laos, marking the start of its three-times-weekly flights from Singapore to Luang Prabang and Vientiane. The route was previously served by SilkAir.”

The cargo load factor fell 3.9 percentage points on declines in most route regions as cargo traffic, measured in freight tonne-kilometers, fell 7.5 percent on-year in April, outpacing the 1.4 percent contraction in capacity, the carrier said.



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