Singapore Airlines’ freight down 12% in January

Singapore Airlines’ freight down 12% in January

In January 2012, Singapore Airlines recorded 2.4% year-on-year growth in system-wide passenger carriage (measured in revenue passenger kilometres), while capacity (measured in available seat kilometres) grew by 3.8%. As a result, passenger load factor (PLF) declined 1.1 percentage points to 77.0%. The number of passengers carried increased by 1.7% over the same period the previous year.

Except for Americas and Europe, PLF generally weakened across most regions as capacity expansion outstripped growth in passenger carriage. PLF declined in the West Asia and Africa region due to softer travel demand.

Overall cargo traffic (measured in freight-tonne-kilometres) was 12.8% lower than the same period the previous year, while cargo capacity decreased by 8.5%. Consequently, the overall load factor in January 2012 decreased by 2.9 percentage points. All regions were affected by the seasonal slowing of airfreight activities due to the Lunar New Year holidays which was in January this year compared to February in 2011.

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