SIA Group flies 2.9 million passengers in June; passenger load factor at monthly record
Paige Lim
FLAG carrier Singapore Airlines (SIA) carried 2.9 million passengers on a group level in June, up 50.4 per cent from a year ago, it said in its operating results filed to the bourse on Monday (Jul 17).
The group’s passenger load factor last month also hit a monthly record of 90.6 per cent, marking a 5.1 percentage point increase on a year-on-year basis.
Both SIA and Scoot, the two airlines in the group, posted record passenger load factors of 89.7 per cent and 93.6 per cent for the month, respectively.
The group attributed the strong passenger traffic and passenger load factors across all route regions to the “robust demand for air travel during the mid-year school holidays and the start of the summer travel season”.
Cargo operations registered a load factor of 51.6 per cent, down 13 percentage points year on year. Cargo loads declined by 14.9 per cent year on year due to weaker demand, said the group, while capacity expanded by 6.6 per cent as increased passenger services resulted in higher bellyhold capacity.
As at end-June, the group’s passenger network covered 116 destinations in 36 countries and territories. Scoot resumed services to Changsha and Wuhan in China in June, bringing the number of destinations it serves up to 65. SIA serves 74 destinations.
Shares of SIA closed at S$7.42 on Monday, up S$0.01 or 0.1 per cent, before the announcement.
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