, Singapore
304 views
Photo from Singapore Airlines

SIA Group’s passenger traffic rises 14.1% MoM in March

The airline group carried a combined 2.7 million passengers during the month.

Robust travel demand continued to boost passenger traffic for the Singapore Airlines Group, carrying 2.7 million passengers combined in March.

Based on its latest operating results, the group’s passenger traffic is 14.1% higher than the February record and three times the number of passengers carried in March 2022.

The group’s passenger load factor (PLF) likewise increased, improving by 2.4 percentage points MoM and 34.5 percentage points YoY.

Whilst the group’s passenger segment continued to improve, its cargo business is still flying low.

The group’s cargo load factor clocked in at 55.1% or 17.4 percentage points lower year-on-year. 

SIA Group’s cargo loads likewise declined, dropping 13.4% year-on-year due to weaker demand.

On the flip side, its cargo capacity expanded by 14.1% as increased passenger services resulted in higher belly-hold capacity.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!