The group’s passenger network remained unchanged m-o-m in August, covering 129 destinations. Before the pandemic, SIA had a network of 137 destinations.
Singapore Airlines (SIA) group’s passenger (pax) load rose 5.4% y-o-y data in August, reaching 103.8% of pre-pandemic levels and outpacing the pax capacity growth of 2.7% y-o-y. With demand for air travel remaining robust across all regions, pax load factor improved 2.3 percentage points (ppts) y-o-y to 88.0%, beating the pre=pandemic levels by 1.6 ppts with Singapore Airlines and budget carrier Scoot carrying a total of 3.6 million passengers in August, a 9.4% y-o-y growth.
Cargo load in the month rose marginally by 0.5% y-o-y in the month, tracking below the 2.3% growth in cargo capacity, as the effects from frontloading tapered off. As a result, cargo load factor dropped 0.9 ppts y-o-y to 55.2%, 1.9 ppts below pre-pandemic levels.
