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Singapore Airlines' passenger numbers, load factor rise in February

Singapore Airlines carried 1.459 million passengers last month, up 5.5 per cent from 1.383 million a year ago.

SINGAPORE: National carrier Singapore Airlines (SIA) carried 1.459 million passengers in February, up 5.5 per cent from a year ago, it said in a news release on Tuesday (Mar 15).

Its passenger load factor (PLF) rose 2.2 percentage points from a year ago to 77.4 per cent. Its capacity, measured in available seat-kilometres, also grew by 2.1 per cent from a year ago. 

SIA said capacity expanded due to the effect of the longer month, but was partially offset by the reduction in seats with the introduction of Premium Economy.

PLF improved across all route regions, "supported by promotional activities” SIA added. “The competitive landscape continues to be challenging and promotional activities will continue in relevant markets,” the airline said.

Other airlines in the SIA group also reported better passenger carriage as measured by passengers-kilometres. For instance, SilkAir’s passenger carriage grew 11.6 per cent year-on-year, well ahead of capacity growth of 9.8 per cent. Its PLF increased by 1.3 percentage points on-year to 74 per cent.

Tigerair recorded a 4.9 per cent year-on-year improvement in passenger carriage, while capacity increased at a slower pace of 1.5 per cent, resulting in 2.7 percentage point growth in PLF to 81.6 per cent.

Scoot's PLF fell by 2.1 percentage points to 86.8 per cent, as growth in passenger carriage of 48.2 per cent did not keep pace with the capacity increase of 51.8 per cent.