The group passenger load factor (PLF) came in 1.6 percentage points (ppt) higher on a m-o-m basis at 87.0% in September and 68.5 ppt higher on a y-o-y basis.
Meanwhile, cargo operations registered a load factor of 56.4%, or 31.0 ppt lower y-o-y. Loads (freight tonne-kilometres) declined by 14.0% y-o-y, while capacity (capacity tonne-kilometres) expanded by 33.3% as increased passenger services resulted in higher bellyhold capacity.
At the end of September 2022, the group’s passenger network covered 100 destinations.
There was a step-up in passenger services to East Asia during the month with SIA reinstating services from Beijing while Scoot resumed services to and from Fuzhou and Osaka. SIA served 74 destinations, while Scoot served 48 destinations. The cargo network comprised 107 destinations.
Shares in SIA closed 4 cents or 0.79% down at $5.00 on Oct 17.
