Singapore Airlines (SIA) Group reported a 41.7 y-o-y and 15.4 m-o-m percentage point increase in passenger load factor (PLF) to 54.5% in March, making the figure the highest since the onset of the Covid-19 pandemic.
According to the group, both its flagship airline Singapore Airlines and Scoot reported a significant increase in passenger demand as travel restrictions eased in almost all key markets. The Singapore government’s increased vaccinated travel lane (VTL) quota for daily arrivals also helped with the growth in passenger demand.
In a bourse filing on its March operating results, the group also reported passenger capacity of 8,061.6km, up 122.8% y-o-y and 51% of the group’s pre-Covid-19 levels. Passengers carried surged 792.1% y-o-y to 893,000.