March 2024 'a good month for SIA Cargo'

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Wednesday, 17 April 2024

In March 2024, the Singapore Airlines (SIA) Group reported cargo loads increased by 15.6 per cent year-on-year, hitting their highest monthly level in Financial Year 2023/24 on the back of increased inventory by shippers as well as charters for various entertainment events. 

This outpaced the capacity expansion of 6.0 per cent for the same period. The cargo load factor was at a monthly high of 60.0 per cent, 4.9 percentage points higher than a year before.