The group’s capacity also reached 68% of pre-Covid-19 levels during the month. Passenger load factor (PLF) came in at 85.4%, some 2.0 percentage points (ppt) lower on a m-o-m basis, and 67.9 ppt higher on a y-o-y basis.
Cargo operations registered a load factor of 54.2%, or 33.4 ppt lower y-o-y. Loads (freight tonne-kilometres) declined by 13.8% y-o-y, while capacity (capacity tonne-kilometres) expanded by 39.1% as increased passenger services resulted in higher bellyhold capacity.
At the end of August, the group’s passenger network covered 99 destinations, the same as the month before. SIA served 73 destinations, while Scoot served 47 destinations.
Shares in SIA closed at $5.34 on Sept 15.
See also: ST Engineering revs up securitisation plans; does not rule out eventual spin-off listing
Photo: Bloomberg
