April 2018 operating results
In April 2018, SIA Group airlines’ passenger load factor (PLF) improved 1.9 percentage points to 82.7 percent. Passenger carriage (measured in revenue passenger kilometres) increased 6.8 percent compared to last year, outpacing capacity (measured in available seat kilometres) injection of 4.3 percent.
Singapore Airlines‘ PLF improved 1.7 percentage points to 82.5 percent. Passenger carriage increased 3.6 percent compared to last year, against a 1.4 percent increase in capacity. PLF improved for all route regions, except South West Pacific which was affected by the shift in Easter travel demand from April 2017 to March 2018. Efforts to stabilise yields continue despite intense competition in key markets.
SilkAir’s systemwide passenger carriage increased by 19.6 percent, ahead of capacity growth of 11.3 percent. Consequently, PLF increased 5.2 percentage points to 75.7 percent. Strong growth in demand exceeded capacity injections across North Asia and West Asia.
Scoot recorded passenger carriage growth of 15.3 percent, exceeding capacity expansion of 13.4 percent. Consequently, PLF rose by 1.4 percentage points to 86.1 percent. PLF on all route regions improved as demand outpaced changes in capacity. Selected routes to India, South East Asia, Australia, and fifth freedom routes to North Asia continued to improve.
Overall cargo load factor (CLF) was 3.0 percentage points lower, with cargo traffic (measured in freight-tonne-kilometres) declining 0.4 percent against capacity growth of 4.4 percent. CLF declined across all route regions, except West Asia and Africa, as demand did not keep pace with capacity changes.