Its capacity reached 67% of pre-Covid-19 levels during the month, and passenger capacity (measured in available seat-kilometres) in July was 4.9% higher than the month before and 107.8% higher compared to a year ago.
Its passenger load factor (PLF) reached a new pandemic-high of 87.4%, 1.9% higher than June and a far cry from the 16.3% of July 2021. “This is the second highest monthly PLF in the SIA Group’s history,” the airline says.
Separately, cargo operations registered a load factor of 60.5%, or 26.7 percentage points lower year-on-year.
Loads declined by 4% year-on-year, while capacity expanded by 38.3% as the increased passenger services resulted in higher belly hold capacity.
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In July, SIA resumed services to Shenzhen, China, and at the end of July, its passenger network covered 99 destinations,with SIA itself serving 73 destinations and budget arm Scoot serving 47 destinations.
Share of SIA closed on Aug 15 at $5.39, down two cents or 0.37% lower than its previous close.