SilkAir's load factors plunged to a historical low of 69%
Operating profit seen to suffer.
According to Maybank Kim Eng, SilkAir’s 2QFY3/14F load factors fell to a historical low of 69.0%, marginally below the breakeven load factor of 69.5% in the previous quarter. Consequently, Maybank expects the regional carrier to report a weaker operating profit of SGD9m.