SIA cargo traffic up 4.3% in April

Singapore Airlines reported April cargo traffic (measured in FTK) rose 4.3 per cent year-on-year to 517.3 million, as compared to a 4.7 per cent increase in capacity. Cargo load factor slipped 0.3 percentage points to 61.4 per cent last month.


April 2015 cargo traffic Scoot SilkAir Singapore Airlines Tigerair


Singapore Airlines reported April cargo traffic (measured in FTK) rose 4.3 per cent year-on-year to 517.3 million, as compared to a 4.7 per cent increase in capacity. Cargo load factor slipped 0.3 percentage points to 61.4 per cent last month.

Load factor improved for South West Pacific (5.9 per cent) and West Asia/Africa (3.3 per cent) regions, but fell for East Asia, Americas and Europe, as demand did not keep pace with capacity changes.

SIA’s systemwide passenger carriage (measured in revenue passenger kilometres) in April decreased 5 per cent against last year, with a 3.3 per cent reduction in capacity (measured in available seat kilometres). Consequently, passenger load factor (PLF) dropped 1.4 percentage points to 75.3 per cent.

Comparing year-on-year, demand was generally softer this April on account of the Easter traffic shift into the month of March 2015. PLF improved for South West Pacific and West Asia/Africa primarily on the back of capacity consolidation. On the other hand, PLF on Americas and Europe routes declined due to weaker passenger demand.

SilkAir’s systemwide passenger carriage grew 4.5 per cent year-on-year, matching the 4.5 per cent increase in capacity. Consequently, PLF decreased marginally by 0.1 percentage points to 69.2 per cent. For the East Asia and Pacific Region, passenger carriage grew but lagged behind capacity injection, resulting in a lower PLF. For the West Asia Region, a combination of passenger carriage growth and capacity reduction contributed to a higher PLF.