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SIA's load factor for passengers, cargo falls in April

Singapore Airlines (SIA) filled a smaller proportion of its seats in April, as the rise in the number of passengers carried was offset by a larger increase in capacity.

SINGAPORE: Singapore Airlines (SIA) filled a smaller proportion of its seats in April, as the rise in the number of passengers carried was offset by a larger increase in capacity.

According to data released on Thursday, SIA carried 1.53 million passengers last month, a rise of 0.9 per cent from a year ago.

But capacity rose at a faster pace, resulting in a 1.1 percentage points drop in the Singapore flag carrier's passenger load factor to 76.7 per cent.

"The operating environment continues to remain challenging. Efforts to stimulate demand to boost loads will continue to place downward pressure on yields," SIA said in a statement.

SIA's cargo operations faced similar problems as a 4.9 per cent reduction in capacity was insufficient to offset a 6.7 per cent drop in cargo traffic.

As a result, SIA's cargo load factor fell 1.1 percentage points from a year ago to 61.7 per cent in April.

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