SilkAir passenger load factor dips to 68.9%

Blame it on East Asia and Pacific routes slowing traffic growth.

In a release, SilkAir’s systemwide passenger carriage increased 13.9% year-on-year against 18.4% growth in capacity. As a result, PLF was 2.8 percentage points lower at 68.9%. PLF for East Asia and Pacific routes declined 4.5 percentage points as the growth in traffic lagged that of capacity increases.

In some Asian markets, the shift in the Lebaran holidays from September last year to August this year had resulted in a decline in outbound travel demand during the month.

Overall cargo traffic (measured in freight-tonne-kilometres) was 4.2% lower year-on-year, while cargo capacity decreased by 4.8%. Consequently, cargo load factor (CLF) increased by 0.4 of a percentage point. CLF increased for all route regions, except for East Asia and the Americas, through a better match of capacity with demand.