The Singapore Airlines (SIA) group says its passenger capacity remained steady month-on-month at around 32% of pre-Covid-19 levels.

The group’s passenger traffic grew 7.4%. 

Its passenger load factor (PLF) stood 1.3 percentage points lower y-o-y and 1.2 percentage points higher m-o-m at 17.5%.p

The group’s passenger capacity for its flagship airline surged around four times y-o-y to 4,383.8km in August from 1,068.1km in August 2020. The surge was in part attributable to the low base last year.

Passenger carriage, similarly, surged some four times to 133,300 from 32,700 in August 2020.

Its low-cost carrier Scoot saw passenger capacity surge six times to 732.6km from 122.0 km in August 2020.

Passenger carriage grew more than three times y-o-y to 22,100 in August from 7,100 in August 2020.

The group overall saw a five time surge in passenger capacity of 5,116.4km in August from 1,190.1km in August 2020.

SIA Cargo registered a cargo load factor (CLF) of 87.6%, which is 5.8 percentage points up y-o-y.

Cargo loads rose by 56.2% due to a 46% increase in capacity.

SIA’s passenger network covered 67 destinations as at end August, while Scoot served 25 cities.

Shares in SIA closed 6 cents lower or 1.22% at $4.86 on Sept 15.

Photo: Bloomberg