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Singapore Airlines passenger load factor up a measly 0.3% in December
Operating environment remains challenging.
According to OSK, Singapore Airlines' passenger load factor raised 0.3% to 82.5% in December as passenger carriage narrowly outpaced capacity growth.
Here's more:
The number of passengers carried up 2.5% y-o-y to 1.67m and on a regional level, SIA load factors declined slightly for East Asia and the South West Pacific and was flat for West Asia and Africa. However, it increased in America and Europe.
SIA notes that the operating environment remains challenging but efforts to stimulate demand to boost loads will continue to place downward pressure on yields.
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