Singapore Airlines July 2018 Operating Results

In July 2018, SIA Group airlines' passenger load factor (PLF) improved 2.3 percentage points to 85.9%. Passenger carriage (measured in revenue passenger kilometers) increased 8.4% compared to last year, outpacing capacity (measured in available seat kilometers) injection of 5.5%.

Singapore Airlines' PLF improved 2.2 percentage points to 86.2%. Passenger carriage increased 4.9% compared to last year, against a 2.2% increase in capacity. PLF improved for all route regions due to strong seasonal demand during the summer peak.

SilkAir’s systemwide passenger carriage increased by 3.7%, ahead of capacity growth of 3.4%. Consequently, PLF increased 0.2 percentage points to 76.8%. PLF improved for South West Pacific and South East Asia regions. Growth in passenger demand in North Asia and West Asia lagged behind capacity injection.

Scoot recorded passenger carriage growth of 24.1%, exceeding capacity expansion of 19.7%. Consequently, PLF rose by 3.1 percentage points to 87.7%. PLF in all route regions improved as demand outpaced changes in capacity. Selected routes to North Asia, India, Thailand and Australia continued to improve. During the month, Scoot commenced new services to Nanchang, China.

Overall cargo load factor (CLF) was 0.9 percentage points lower, with cargo traffic (measured in freight-tonne-kilometres) declining 1.4% against flat capacity. CLF improved across most regions except Americas and South West Pacific, as demand did not keep pace with capacity changes.