SIA, Scoot fly 3 million passengers in July, but cargo loads weaken
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Yong Hui Ting
SINGAPORE Airlines (SIA) and its budget carrier Scoot served about three million passengers in the month of July, 45.1 per cent higher than in the year before, as passenger traffic remained strong across all route regions amid the peak summer travel season in the northern hemisphere.
Group passenger load factor, however, dipped slightly from 90.6 per cent in June to 89.4 per cent for July – though the 89.4 per cent is still 2.4 percentage points higher year on year, according to SIA’s operating results released on Tuesday (Aug 15).
Singapore Airlines recorded a passenger load factor (PLF) of 89 per cent; Scoot had a PLF of 92.7 per cent in July. The figures were slightly lower than June’s, when PLFs were 89.7 per cent and 93.6 per cent for SIA and Scoot respectively.
Meanwhile, its cargo loads recorded a 7.1 per cent year-on-year decline to 438.9 million tonne-km on the back of weaker demand.
Cargo capacity, on the other hand, expanded 7.3 per cent, as increased passenger services resulted in higher belly-hold capacity.
Scoot resumed flights to Jinan and Shenzhen in July; services to Australia’s Gold Coast were suspended as the airline adjusted its capacity in response to demand.
As at end-July, the group’s passenger network covered 117 destinations in 36 countries and territories. SIA served 74 destinations, and Scoot, 66.
The cargo network comprised 123 destinations in 38 countries and territories.
SIA shares closed down 1.1 per cent or S$0.08 to S$7.16 on Tuesday before the announcement.
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