SIA posted a monthly PLF of 86.8% and Scoot 89.0%. The two airlines carried a combined total of 3.6 million passengers, up 8.3% y-o-y.
On the cargo front, demand was softer across all route regions due to the impact of global trade tensions. Cargo carriage decreased by 4.6% y-o-y, partly due to unplanned aircraft maintenance.
Cargo loads declined 9.1% y-o-y while cargo capacity increased marginally by 0.3%. As such, the cargo load factor stood at 53.5%, 5.6 ppts lower.
During the month, Scoot launched passenger services to Da Nang in Vietnam and Kota Bharu in Malaysia.
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As at end Oct, the group’s passenger network covered 130 destinations in 37 countries and territories. SIA served 78 destinations, while Scoot served 75 destinations. The cargo network comprised 134 destinations in 38 countries and territories.
Shares in SIA closed 3 cents lower or 0.46% down at $6.49 on Nov 17.
