Singapore Airlines: Passenger capacity to rise to around 37 percent of pre-Covid levels by year-end

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

Singapore Airlines group has projected its passenger capacity would reach around 37 percent of pre-Covid levels by its fiscal third quarter, which ends 31 December, the Singapore flag carrier said in a filing to SGX Friday.

The group’s passenger capacity, as measured in available seat-kilometers, was steady on-month in September at around 32 percent of pre-Covid levels, Singapore Airlines said. Passenger traffic (revenue passenger-kilometers) increased 4.4 percent, the carrier said.

On 8 September, Singapore started its first vaccinated travel lane (VTL) arrangements with Brunei and Germany, allowing quarantine-free travel. This boosted travel demand, particularly to Germany, in September, Singapore Airlines said.

At-end September, at the group level, Singapore Airlines passenger network covered 65 destinations, including Singapore. The Singapore Airlines full-service brand network served 52 destinations, including Singapore, and the low-cost carrier subsidiary Scoot served 24 destinations, the filing said.

Flights to Medan were temporarily suspended due to airport closure, as were flights to Surabaya, Nanjing and West Asia, the filing said.

In October, Singapore expanded VTL arrangements to nine more countries.

Seasonal services will begin to Vancouver from 2 December and to Seattle from 15 February, pending regulatory approval, and Scoot’s direct VTL services to Berlin are set to start from 19 October, pending regulatory approval, the filing said, adding that would boost the carrier’s VTL network to 17 cities.

In addition, Singapore Airlines will add trans-Pacific and trans-Atlantic service with the Frankfurt-New York and Hong Kong-San Francisco routes to be reinstated from early November, the filing said. Singapore Airlines will resume A380 service to London from 18 November, and Scoot will start flying to Phuket, Thailand and Jeddah.

September data

Singapore Airlines brand flights saw passenger capacity of 4.316 billion seat kilometers in September, more than tripling on-year from 1.21 billion, the carrier said. The number of passengers carried in September nearly quadrupled to 136,000 in September from 36,800 in the year-ago month, the filing said.

For low-cost carrier Scoot, the number of passengers carried climbed to 23,700 in September from 5,800 in September 2020, the filing said.

Read Singapore Airlines September operating statistics.