Singapore Airlines October 2018 Operating Results

NEW YORK, November 20, 2018 – The operating results for October 2018 are given in the table below.

In October 2018, SIA Group airlines' passenger load factor (PLF) improved 1.1 percentage points to 81.9%. Passenger carriage (measured in revenue passenger kilometres) increased 7.2% compared to last year, outpacing capacity (measured in available seat kilometres) injection of 5.7%.

Singapore Airlines' PLF improved 2.5 percentage points to 82.7%. Passenger carriage increased 6.0% compared to last year, against a 2.9% increase in capacity. PLF edged up for all route regions except South West Pacific which registered a marginal decline year-on-year. RASK (revenue per available seat-kilometres) has been trending positive and is expected to remain resilient. During the month, Singapore Airlines launched the world's longest non-stop flight to Newark, using the world's first A350-900ULR.

SilkAir’s systemwide passenger carriage increased by 5.5%, ahead of capacity growth of 3.9%. Consequently, PLF increased 1.1 percentage points to 74.9%. PLF improved in West Asia, South East Asia and Australia.

Scoot recorded passenger carriage growth of 12.3% compared to capacity expansion of 18.5%. Consequently, PLF declined 4.5 percentage points to 81.3%. PLF improved for West Asia, while East Asia and Rest of World recorded declines in PLF as traffic did not keep pace with the increase in capacity. During the month, Scoot took delivery of its first A320neo aircraft and made its debut flight to Bangkok.

Cargo capacity declined by 0.6%, while cargo traffic (measured in freight-tonne-kilometres) was 0.3% lower, leading to 0.2 percentage points improvement in cargo load factor (CLF). CLF improved across Europe, and West Asia and Africa, while CLF in other regions declined as demand did not keep pace with capacity changes.