Singapore Airlines March passenger numbers jump nearly 800 percent

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 carried around 893,000 passengers in March, up around 792 percent from 100,100 in March 2021, the Singapore flag carrier said in a filing to SGX Monday. 

That compared with 544,600 passengers carried in February 2022, the filing said.

“There was a significant increase in passenger demand at both Singapore Airlines (SIA) and Scoot in March 2022, as travel restrictions eased in almost all key markets and the Singapore government increased the Vaccinated Travel Lane (VTL) quota for daily arrivals,” the carrier said. 

Group passenger capacity, measured in available seat kilometers, reached 51 percent of pre-Covid levels — or the level in January 2020, with March’s figure up 7 percentage points from February, SIA said. 

The carrier projected that passenger capacity would reach around 61 percent of pre-Covid levels by May after Singapore on 1 April began allowing vaccinated travelers to enter the country without quarantine or on-arrival Covid tests. 

The cargo load factor (CLF) was at 72.5 percent in March, down 19.8 percentage points on-year, even as cargo loads by freight tonne-kilometers rose 16.6 percent on-year on a 48.3 percent capacity increase on the progressive resumption of passenger flights, the filing said. 

“The growth in cargo loads was constrained by pandemic controls in China and Hong Kong, which limited exports from those markets. More bellyhold space was also allocated for carriage of passenger bags as passenger load factors improved,” SIA said.

As of end-March, SIA Group’s passenger network was at 93 destinations, including Singapore, around two-thirds of the points flown pre-Covid, the filing said.

 

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