SIA’s cargo load factor drops 4.1% in July

Singapore Airlines (SIA) has released its July system-wide statistics indicating an overall cargo load factor 4.1 percentage points lower, year-onyear, as cargo traffic (measured in freight-tonne-kilometres) declined 5.0 per cent against capacity growth of 1.6 per cent.


Singapore Airlines (SIA) has
released its July system-wide statistics
indicating an overall cargo load factor
4.1 percentage points lower, year-onyear,
as cargo traffic (measured in
freight-tonne-kilometres) declined 5.0
per cent against capacity growth of
1.6 per cent. Except for the Southwest
Pacific, load factor declined for all route
regions as demand did not keep pace
with capacity changes, SIA said.
Passenger carriage, on the other
hand, improved 2.1 per cent over last
year, against a 1.5 per cent reduction in
capacity, resulting in a passenger load
factor improvement of 2.9 percentage
points to 84.6 per cent. “The competitive
landscape continues to be challenging,”
added the carrier.