SIA Group flies record 42.4 million passengers in FY2026; March traffic up 14.7%

[SINGAPORE] Passenger traffic for the Singapore Airlines (SIA) Group rose 14.7 per cent year on year in March, helping the group reach a record 42.4 million passengers for FY2026 ended Mar 31, 2026.

The group carried 3.8 million passengers in March, up 14.9 per cent year on year, SIA said in an operational update on Wednesday (Apr 15).

The annual passenger total is a 7.7 per cent increase from the previous record of 39.4 million set in FY2025. Passenger traffic – which measures demand for an airline’s service and is derived by multiplying the number of passengers carried by distance travelled – for March increased 14.7 per cent, outpacing a 7.2 per cent rise in passenger capacity. 

The group’s passenger load factor (PLF), which is the passenger traffic expressed as a percentage of passenger capacity, increased by 5.9 percentage points to 90.6 per cent. SIA and Scoot posted monthly PLFs of 90.3 per cent and 91.7 per cent, respectively.

The group attributed the growth to travel demand ahead of the Easter holiday and spillover traffic to Europe as capacity through Middle East hubs was affected by regional conflict.

Due to the Middle East conflict, the group said that it implemented rolling cancellations for SIA services to Dubai and Scoot services to Jeddah.

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Cargo loads rose 2.4 per cent despite a 1.3 per cent drop in capacity. The cargo load factor was up 2.1 percentage points at 59 per cent.

At the end of March 2026, the group’s passenger network covered 134 destinations in 35 countries and territories, with SIA serving 77 destinations and Scoot serving 82. During the month, Scoot launched services to Haneda Airport in Tokyo.