
Singapore Airlines' systemwide passenger carriage slipped 3.5% in February
Due to weak demand from East Asia, Americas and Europe.
Singapore Airlines' systemwide passenger carriage, measured in revenue passenger
kilometres, posted a 3.5% year-on-year decline in February. The national carrier moved 1.38 million passengers last month, down 1% from the 1.4 million passengers it carried in the same period last year.
The decline was due mostly to weak demand from its routes in East Asia, the Americas and Europe.
"PLF on East Asia routes declined as capacity growth outstripped demand. Passenger demand was weaker to Americas and Europe. The competitive landscape continues to be challenging. Singapore Airlines will remain nimble to redeploy capacity to better match market demand and promotional activities will continue in relevant markets," stated SIA.