SIA passenger traffic growth outpaces capacity expansion in October operational update

Bryan WuWed, Nov 15, 2023 • 05:45 PM GMT+08 • 1 min read

The Singapore Airlines C6L (SIA) C6L group says its passenger traffic growth of 24.5% y-o-y for the month of October 2023 outpaced the group’s capacity expansion of 23.0%.

The group’s passenger load factor increased 1.0 percentage point (ppt) y-o-y to reach 87.4%.

In October, SIA and Scoot posted monthly passenger load factors of 87.0% and 88.9%, respectively. Both airlines carried a combined total of 3.1 million passengers during the month, up 36.1% y-o-y.

SIA passenger traffic growth outpaces capacity expansion in October operational update

Related News

Maybank upgrades SIA to 'hold'; DBS, UOB Kay Hian maintain respective calls but raise target price

Singapore Airlines launches $500 mil 2.70% notes due 2036 as part of $10 bil multicurrency medium term note programme

SIA Group passenger traffic growth up 2.6% y-o-y for Nov; cargo carriage up 12.4% y-o-y

Highlights

Singapore bonds ride out crude oil surge as other havens falter

Related News

Maybank upgrades SIA to 'hold'; DBS, UOB Kay Hian maintain respective calls but raise target price

Singapore Airlines launches $500 mil 2.70% notes due 2036 as part of $10 bil multicurrency medium term note programme

SIA Group passenger traffic growth up 2.6% y-o-y for Nov; cargo carriage up 12.4% y-o-y