SIA’s May passenger traffic drops 99.6pc, cargo load factor improves

- A Monitor Desk Report 16 Jun, 2020 | 471 Views|-+
Dhaka: Singapore Airlines announced on June 15 that its May passenger traffic recorded a 99.6 per cent year-on-year decline as travel demand was severely impacted by the coronavirus pandemic, with border controls and travel restrictions remaining in place across the world.

Overall passenger capacity was cut by 96.2 per cent in response. Passenger load factor (PLF) fell to 8.6 per cent.

SIA’s capacity was 95.6 per cent lower compared to last year’s, with only a skeletal network in operation connecting Singapore to 14 metro cities. Passenger carriage declined 99.5 per cent, resulting in a PLF of 9.2 per cent.

The number of destinations, as well as the frequencies on some existing services, will be increased in June and July 2020, arising from the resumption of transfers via Changi.

Regional carrier affiliate SilkAir’s passenger carriage decreased by 99.8 per cent against a 99.6 per cent cut in capacity. PLF declined to 31.7 per cent. During the month, SilkAir only operated flights between Singapore and Chongqing.

Low-cost carrier affiliate Scoot’s passenger carriage declined 99.9 per cent against a contraction in capacity of 97.5 per cent, which led to a PLF of 2.7 per cent.

During the month, Scoot temporarily ceased operations to Southeast Asia, West Asia and Europe, while maintaining flights to Hong Kong and Perth.

Cargo load factor (CLF) was 14.4 per centage points higher as the capacity contraction of 61.9 per cent outpaced the 52.8 per cent decline in cargo traffic (measured in freight tonne-kilometres).

Capacity contraction would have been much greater, save for the deployment of passenger aircraft on cargo-only flights. All regions registered improvements in CLF.

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