SIA Group passenger carriage down 98.1% in October amid 'tepid' demand for air travel

The Singapore Airlines Group suffered a 98.1% year-on-year decline in passenger carriage in October, despite moves to open Singapore's borders to more places. "Demand for air travel remained tepid as border controls and travel restrictions remained in place in most countries to curb the spread of COVID-19," SIA said Monday as it published its October operating results. Overall passenger carriage was lower by 98.1%, resulting in a passenger load factor - which measures the percentage of available seating capacity that is filled with passengers - of 15.8%. This marked a decline of 68.6 percentage points year-on-year, said SIA Group. October's Group passenger capacity was also down by 89.9% year-on-year. SIA’s capacity was 87.9% lower compared to last year, with a "skeletal network in operation". In October, the airline added Dhaka and Johannesburg to a list of 30 cities it was serving in September. SIA's passenger carriage declined 97.8%, resulting in a passenger load factor of 15.6%.<br/>