Singapore Airlines carries nearly 9 percent more passengers in September

Singapore Airlines boarding gate; July 2018Singapore Airlines boarding gate; July 2018

The number of passengers on Singapore Airlines climbed 8.6 percent on-year in September to 3.12 million as capacity, measured in available seat-kilometers, grew by 7.1 percent, the carrier said in a filing to SGX Tuesday.

The group’s passenger load factor (PLF) rose by 1.2 percentage points on-year to 84.8 percent, while passenger carriage, measured in revenue passenger-kilometers, increased 8.7 percent on-year, SIA said.

The Singapore Airlines brand carrier carried 1.84 million passengers in September, up 9.3 percent on-year, SIA said. The brand’s PLF improved by 1 percentage point on-year to 85.4 percent, while passenger carriage rose 9.2 percent on-year and capacity increased by 7.9 percent, the carrier said.

“PLF improved for most route regions as traffic remained strong towards the end of summer. East Asia registered a marginal improvement in PLF despite weakness in Hong Kong, while Americas’ PLF declined against last year due to strong capacity growth,” SIA said. “Efforts continue to focus on RASK (revenue per available seat-kilometers).”

The SilkAir brand carried 390,000 passengers in September, up 5.4 percent on-year, SIA said. SilkAir’s PLF rose 3.7 percentage points to 77.3 percent, with systemwide passenger carriage increasing 7.2 percent, compared with a 2.1 percent capacity rise, the filing said.

“The strong growth in passenger carriage for all regions led to increases in PLF for East Asia and Pacific, as well as West Asia,” SIA said.

Scoot carried 891,000 passengers in September, up 8.7 percent on-year, SIA said. The brand’s PLF improved 1.4 percentage points to 85.2 percent, with passenger carriage rising 7.4 percent, outpacing a 5.6 percent capacity injection, the filing said.

“PLF improved for West Asia as demand for India improved following the suspension of several underperforming routes. Rest of World also registered higher PLF as demand for long-haul routes to Europe improved. East Asia’s PLF remained flat,” SIA said.

The cargo load factor dropped 5.6 percentage points in September, with cargo traffic, measured in freight-tonne-kilometers, falling 9.7 percent, outpacing a capacity contraction of 1.2 percent, SIA said.

“All route regions registered declines in CLF,” SIA said.

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