Singapore Airlines' overall load factor falls 1.3 points to 67.6%

Singapore Airlines' (SIA's) systemwide passenger carriage, as measured in revenue passenger kilometres, increased 0.4 per cent in April on the back of 1.9 per cent rise in capacity, which is measured in available seat kilometres.-- ST FILE PHOTO:&nbs
Singapore Airlines' (SIA's) systemwide passenger carriage, as measured in revenue passenger kilometres, increased 0.4 per cent in April on the back of 1.9 per cent rise in capacity, which is measured in available seat kilometres.-- ST FILE PHOTO: ALPHONSUS CHERN

SINGAPORE - Singapore Airlines' (SIA's) systemwide passenger carriage, as measured in revenue passenger kilometres, increased 0.4 per cent in April on the back of 1.9 per cent rise in capacity, which is measured in available seat kilometres.

Consequently, passenger load factor fell 1.1 percentage points to 76.7 per cent, the national carrier said in a statement.

The number of passengers carried increased by 0.9 per cent to 1.5 million.

Passenger loads declined across all route regions, except for Southwest Pacific.

Passenger carriage increased for most regions, except for Americas and East Asia, but the increase could not keep pace with capacity.

The operating environment continues to remain challenging, said SIA.

"Efforts to stimulate demand to boost loads will continue to place downward pressure on yields," it warned.

Meanwhile, subsidiary SilkAir's systemwide passenger carriage increased 4.1 per cent on the back of a 4.4 per cent growth in capacity.

This translate to an unchanged passenger load factor at 69.3 per cent.

The East Asia and Pacific region recorded a marginal increase in load factor with growth in traffic surpassing capacity.

West Asia, on the other hand, experienced a year-on-year decline in passenger carriage.

Overall cargo load factor was 1.1 percentage points lower, as cargo traffic was generally weaker, partly due to the Easter period.

Cargo traffic was 6.7 per cent lower against a 4.9 per cent reduction in capacity.

Load factors were lower on all route regions, except for West Asia and Africa and Europe regions where capacity changes were more closely matched with demand.

Overall load factor eased by 1.3 points to 67.6 per cent.