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SIA's passenger load factor up by 2.3 ppt to 81.0%

SIA's passenger load factor up by 2.3 ppt to 81.0%

But passenger growth in its South West Pacific route failed to keep up with capacity injection.

SIA Group airlines' passenger load factor (PLF) rose 2.9 ppt to 80.8% in September.

According to SIA Group's operating results, passenger carriage, measured in revenue passenger kilometres, rose 8.3% YoY outpacing capacity injection, measured in seat kilometres, of 4.3%.

The PLF is a measure of how efficiently a transport provider uses its passenger capacity and creates revenue.

Singapore Airlines' (SIA) PLF also rose 2.3 ppt to 81.0%. Passenger carriage inched up by 5.1% against a 2.2% increase in capacity.

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All route regions except the South West Pacific improved thanks to higher passenger demand or better use of capacity. Passenger growth for the South West Pacific was not able to keep up with capacity injection.

"The operating landscape remains competitive with ongoing efforts to stabilise yields," SIA Group said.

Meanwhile, SilkAir's passenger carriage grew 22.9$ YoY, surpassing capacity growth of 13.0%. PLF rose by 5.8 ppt to 71.5%, thanks to higher demand in India, China and Southeast Asia.

Scoot's PLF went up by 4.9 ppt to 83.7%. The passenger carriage growth of 17.9% exceeded capacity expansion of 11.0%.

Overall cargo load factor (CLF) grew 2.9 ppt, with growth in cargo traffic of 7.9% outpacing capacity expansion of 3.2%.



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