Singapore Airlines' (SIA) passenger traffic (measured in revenue passenger-kilometres) grew on the back of a calibrated increase in passenger capacity (available seat-kilometres), which rose to around 32% of pre-Covid-19 levels in July 2021. Passenger load factor (PLF) came in at 16.3%, 5.3 percentage points lower than a year before. SIA Cargo registered a monthly cargo load factor (CLF) of 87.2%, up 2.6 percentage points year-on-year as cargo loads (freight tonne-kilometres) rose by 57.9% on the back of a 53.1% capacity (capacity tonne-kilometres) expansion. East Asia, Americas, and West Asia and Africa route regions recorded year-on-year increases in CLF during the month.
See also: UOB upgrades SIA to 'hold' with higher TP of $4.85
