In January, SIA’s systemwide passenger carriage increased 2.2% against capacity growth of 1.3%. Consequently, passenger load factor (PLF) increased 0.8 percentage points to 79.1%.
The number of passengers carried increased by 3.2% to 1.6 m. PLF improved across all route regions except East Asia. PLF for East Asia declined 0.9 percentage points as the region continues to absorb the increase in capacity and demand to Bangkok remains weak.
The operating environment continues to remain challenging. Efforts to stimulate demand to boost loads will continue to place downward pressure on yields. Cargo traffic was 0.4% lower, while cargo capacity remained flat year-on-year. Consequently, cargo load factor was marginally lower by 0.2 percentage points at 60.5%.
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