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SIA Group’s total passenger carriage for 2024 reaches 39 million, 12.7% higher y-o-y

Nicole Lim
Nicole Lim • 2 min read
SIA Group’s total passenger carriage for 2024 reaches 39 million, 12.7% higher y-o-y
Cargo loads for SIA Group rose 13.6% y-o-y, driven by a boost in perishables traffic with China lifting its ban on Australian live rock lobster imports ahead of Lunar New Year. Photo: Bloomberg
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Singapore Airlines (SIA) Group’s passenger capacity increased 7.1% in December 2024 from a year before, and passenger traffic rose by 6.0%.

The group’s passenger load factor stood at 88.5% with SIA and Scoot posting monthly passenger load factors of 88.4% and 89.2% respectively. 

The two airlines carried a total of 3.6 million passengers, up 7.1% from the year before, and a monthly record for the group. This brings the total passenger carriage for 2024 to 39.0 million, 12.7% higher than the 34.6 million the group registered in 2023.

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