Singapore Airlines September 2018 Operating Results

NEW YORK, October 18, 2018 – The operating results for August 2018 are given in the table below.

In September 2018, SIA Group airlines' passenger load factor (PLF) improved 2.8 percentage points to 83.6%. Passenger carriage (measured in revenue passenger kilometers) increased 7.7% compared to last year, outpacing capacity (measured in available seat kilometers) injection of 4.2%.

Singapore Airlines' PLF improved 3.4 percentage points to 84.4%. Passenger carriage increased 5.7% compared to last year, against a 1.4% increase in capacity. PLF improved for all route regions as traffic remained strong towards the end of summer. Unit revenue (measured in revenue per available seat-kilometers) is expected to remain positive as revenue growth outpaced capacity injection.

SilkAir’s systemwide passenger carriage increased by 5.6%, ahead of capacity growth of 2.4%. Consequently, PLF increased 2.1 percentage points to 73.6%. PLF improved in North Asia, South East Asia and Australia.

Scoot recorded passenger carriage growth of 16.7%, largely in line with capacity expansion of 16.5%. Consequently, PLF rose marginally by 0.1 percentage points to 83.8%. PLF edged up for West Asia and Rest of World regions, led by routes to India, Australia, Maldives, as well as long haul routes to Europe. East Asia region recorded a decline in PLF as traffic did not keep pace with increase in capacity.

Cargo load factor (CLF) fell 0.2 percentage points, as the drop in cargo traffic (measured in freight-tonne-kilometers) of 2.9%, exceeded the contraction in cargo capacity of 2.5%. CLF improved across Americas, and West Asia and Africa, while CLF in other regions declined as demand did not keep pace with capacity changes.