SINGAPORE (Yosefardi) – In March 2015, Singapore Airlines’ systemwide passenger carriage (measured in revenue passenger kilometers) increased 1.2% over last year, against a 1% reduction in capacity (measured in available seat kilometers). Consequently, passenger load factor (PLF) improved 1.6 percentage points to 76.6%.
PLF improved for South West Pacific and West Asia/Africa on the back of stronger demand, coupled with capacity consolidation.
On the other hand, PLF on East Asia routes declined as capacity growth outstripped demand. Passenger demand was weaker to Americas. The competitive landscape continues to be challenging.
Singapore Airlines will remain nimble to redeploy capacity to better match market demand and promotional activities will continue in relevant markets.
SilkAir’s systemwide passenger carriage grew 12.8% year-on-year as compared to a 13.2% increase in capacity. Consequently, PLF decreased marginally by 0.2% to 68.3%.
For the East Asia and Pacific Region, PLF decreased as the growth in capacity was greater than passenger carriage growth.
For the West Asia Region, a combination of passenger carriage growth and capacity reduction contributed to a higher PLF.
Overall cargo load factor (CLF) was 0.2% lower as cargo traffic (measured in freight-tons-kilometers) was down by 1.8% against an overall capacity reduction of 1.6%.
Load factor improved on all route regions except East Asia and Europe, where demand did not keep pace with capacity changes.