Tuesday, July 15, 2014

SIA carried more passengers in June


Singapore Airlines (SIA) carried more passengers in June on the back of higher demand for its East Asia and South West Pacific routes. The Singapore flag carrier announced on Tueday (July 15) that the number of passengers it carried in June increased by 0.9% year-on-year to 1.6 million.

However, SIA's system-wide passenger carriage - as measured in revenue passenger kilometres - fell 1.4 per cent amid a 1.3 per cent decline in capacity in the same month. This resulted in SIA's passenger load factor for the month to remain unchanged at 81.5 per cent.

Looking ahead, the airline said the operating environment is expected to remain challenging. SIA says it will adjust capacity to better match market demand and continue promotional activities in markets that require additional support. However, it adds that this will likely put downward pressure on yields.

As for SilkAir, systemwide passenger carriage increased 2.3 per cent year-on-year against 3 per cent growth in capacity. As a result, the passenger load factor decreased by 0.5 percentage points to 72.7 per cent.

SOURCE


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