Singapore Airlines March 2018 Operating Results

The operating results for March 2018 are given in the table below.

In March 2018, SIA Group airlines' passenger load factor (PLF) improved 3.2 percentage points to 82.9%. Passenger carriage (measured in revenue passenger kilometres) increased 8.4% compared to last year, outpacing capacity (measured in available seat kilometres) injection of 4.2%.

Singapore Airlines' PLF improved 2.1 percentage points to 82.2%. Passenger carriage increased 4.1% compared to last year, against a 1.4% increase in capacity. PLF improved for all route regions, except Europe which saw a marginal decline as capacity growth outstripped demand. The operating landscape remains challenging with efforts to balance yields against current market competitive pressures.

SilkAir’s systemwide passenger carriage increased by 23.7%, ahead of capacity growth of 17.5%. Consequently, PLF increased 3.6 percentage points to 72.8%. Strong growth in demand exceeded capacity injections across North Asia and West Asia.

Scoot recorded passenger carriage growth of 20.9%, exceeding capacity expansion of 10.8%. Consequently, PLF rose by 7.5 percentage points to 89.2%. PLF on all route regions improved as demand outpaced changes in capacity. Selected routes to India, South East Asia, China, Australia, and fifth freedom routes to North Asia and America continued to improve.

Overall cargo load factor (CLF) was 2.8 percentage points lower, with cargo traffic (measured in freight-tonne-kilometres) declining 0.8% against capacity growth of 3.5%. CLF declined across all route regions as demand did not keep pace with capacity changes.