Singapore Airlines Group reports lower October PLFs

BTN News
Wednesday, 16 November 2016

The Singapore Airlines Group (SIA) says October 2016 passenger carriage (measured in revenue passenger kilometres) increased by 0.8 per cent compared to last year, trailing growth in capacity (measured in available seat kilometres) of 3.6 per cent. Passenger load factor (PLF) fell 2.1 percentage points to 76.7 per cent.
                                                                 

                                                             
Singapore Airlines’ own PLF fell 1.6 percentage points to 77.4 per cent. Passenger carriage fell 3.1 per cent compared to last year, against a 1.1 per cent decrease in capacity. The carrier says PLF declined across all regions due to softer passenger demand. Looking ahead, SIA management says the competitive landscape remains challenging and promotional activities will continue in relevant markets.
 
SilkAir’s systemwide passenger carriage increased by 5.3 per cent, compared to a 6.4 per cent increase in capacity. Consequently, PLF decreased by 0.7 percentage points to 67.3 per cent. Growth in passenger carriage for East Asia and the Pacific lagged behind capacity growth, resulting in a 1.2 percentage point decrease in PLF, while West Asia recorded a 0.9 percentage point increase in PLF. During the month, SilkAir introduced new services to Vientiane and Luang Prabang in Laos.
 
Scoot’s systemwide passenger carriage grew by 49.1 per cent year-on-year. Capacity increased by 69.3 per cent as the number of aircraft increased from eight to 12. Consequently, PLF decreased by 10.1 percentage points to 75.1 per cent.  Scoot flights to Shenyang via Qingdao were replaced by flights to Dalian via Qingdao and non-stop flights to Shenyang in late October 2016.
 
Tigerair’s systemwide passenger carriage fell 4.5 per cent year-on-year compared to capacity contraction of 3.6 per cent. Consequently, PLF decreased by 0.7 percentage points to 79.1 per cent.

Meanwhile, Singapore Airlines (SIA) and the Lufthansa Group are further expanding their partnership agreement to provide customers more benefits through enhanced connections and new code-share destinations.
 
The expanded code-share ties will provide SIA customers access to more than 20 new routes on Lufthansa and Swiss-operated flights, to and from points in Europe via the transfer hubs of Frankfurt, Munich and Zurich.

Singapore Airlines Group reports lower October PLFs

BTN News
Wednesday, 16 November 2016

The Singapore Airlines Group (SIA) says October 2016 passenger carriage (measured in revenue passenger kilometres) increased by 0.8 per cent compared to last year, trailing growth in capacity (measured in available seat kilometres) of 3.6 per cent. Passenger load factor (PLF) fell 2.1 percentage points to 76.7 per cent.
                                                                 

                                                             
Singapore Airlines’ own PLF fell 1.6 percentage points to 77.4 per cent. Passenger carriage fell 3.1 per cent compared to last year, against a 1.1 per cent decrease in capacity. The carrier says PLF declined across all regions due to softer passenger demand. Looking ahead, SIA management says the competitive landscape remains challenging and promotional activities will continue in relevant markets.
 
SilkAir’s systemwide passenger carriage increased by 5.3 per cent, compared to a 6.4 per cent increase in capacity. Consequently, PLF decreased by 0.7 percentage points to 67.3 per cent. Growth in passenger carriage for East Asia and the Pacific lagged behind capacity growth, resulting in a 1.2 percentage point decrease in PLF, while West Asia recorded a 0.9 percentage point increase in PLF. During the month, SilkAir introduced new services to Vientiane and Luang Prabang in Laos.
 
Scoot’s systemwide passenger carriage grew by 49.1 per cent year-on-year. Capacity increased by 69.3 per cent as the number of aircraft increased from eight to 12. Consequently, PLF decreased by 10.1 percentage points to 75.1 per cent.  Scoot flights to Shenyang via Qingdao were replaced by flights to Dalian via Qingdao and non-stop flights to Shenyang in late October 2016.
 
Tigerair’s systemwide passenger carriage fell 4.5 per cent year-on-year compared to capacity contraction of 3.6 per cent. Consequently, PLF decreased by 0.7 percentage points to 79.1 per cent.

Meanwhile, Singapore Airlines (SIA) and the Lufthansa Group are further expanding their partnership agreement to provide customers more benefits through enhanced connections and new code-share destinations.
 
The expanded code-share ties will provide SIA customers access to more than 20 new routes on Lufthansa and Swiss-operated flights, to and from points in Europe via the transfer hubs of Frankfurt, Munich and Zurich.