SIA Group reports 14% passenger load factor in May

Singapore Airlines Group’s passenger load factor reached 14% in May, and during the month carried 119,600 passengers versus 9,600 passengers in May 2020. “The SIA Group’s passenger traffic grew on the back of a calibrated increase in passenger capacity over the past 12 months, which saw SIA Group’s passenger capacity rise to around 27% of pre-Covid-19 levels by May 2021,” the company says in a monthly update of its operating results. Owing to low activity in May 2020, the latest report shows significant year-on-year increases. Across carriers, the group’s passenger capacity, as measured in available seat-kilometres, was almost eight times the year-ago period, and revenue passenger-kilometres nearly 13 times of May 2020 levels. Passenger load factor gained 5.7 percentage points to 14%. Full-service carriers SIA and SilkAir’s carried 101,700 passengers in May 2021 versus 9,000 in May 2020. The group states that operating statistics for both carriers were combined in view of the ongoing integration of SilkAir into Singapore Airlines. Collectively, SIA and SilkAir’s passenger capacity in May was eight times that of the year-ago period, and revenue passenger-kilometres was over 12 times. Passenger load factor gained 5.5 percentage points to 15%.<br/>