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SIA says it looks forward to 'gradual recovery' in passenger operations amid re-opening of borders

Felicia Tan
Felicia Tan • 2 min read
SIA says it looks forward to 'gradual recovery' in passenger operations amid re-opening of borders
Shares in SIA closed 4 cents higher or 1.0% up at $3.87 on Nov 16.
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For the month of October 2020, the Singapore Airlines (SIA) Group has reported an 89.9% decline y-o-y in group passenger capacity, while overall passenger carriage fell 98.5% y-o-y.

As a result, group passenger load factor (PLF) was down 68.6 percentage points to 15.8%.

Singapore Airlines’ capacity fell 87.9% y-o-y. Passenger carriage for the airline fell 98.2% y-o-y while PLF fell 68.8 percentage points to 15.6%.

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