See also: Former PwC Singapore chairman Yeoh Oon Jin joins SIA board as an independent director
Passenger load factor (PLF) for the month increased 3.9 percentage points (ppt) year-on-year to 16.1%.
SIA Cargo registered a monthly cargo load factor (CLF) of 87.6%, which was 5.1 ppt higher y-o-y, as cargo traffic rose by 52.0% on the back of a capacity expansion of 43.3%. Americas and West Asia and Africa route regions recorded year-on-year increases in CLF during the month.
At the end of June 2021, the group’s passenger network covered 63 destinations including Singapore. The full-service network which includes both wide-body and narrow-body operations, covered 49 destinations. Scoot, SIA’s low-cost carrier subsidiary, served 24 destinations as at end of June. Operations to West Asia on the low-cost segment remained suspended.
The Group continues with a calibrated expansion of the passenger network and is expected to reach around 33% of pre-Covid-19 levels passenger capacity by July 2021.
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Shares in SIA closed at $4.89 on July 15.
Photo: Bloomberg
