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Singapore Airlines Load Factor Up 5% Year On Year  
User currently offlineSingapore_Air From United Kingdom, joined Nov 2000, 13735 posts, RR: 19
Posted (11 years 10 months 1 week 16 hours ago) and read 1754 times:

Singapore Airlines Limited announced today that overall load factor increased 5% year on year to 69.8% from 64.9%. This is the fifth month in a row that load factors have increased from 2001.

SIA Cargo load factor was up 6.6% to 68.4% while Singapore Airlines passenger load factor rose 3.5% to 72.0%.

Yield / Revenue Passenger Kilometres rose substantially 8%, while Yield / Freight Tonne Kilometres rose 26.7%. "The past three months have seen double digital growth in (cargo traffic). The 26.7 percent recorded in May is incredibly strong," said John Casey of DBS Vickers Securities.

The load factor increased while capacity was increased 2.8%, making SIA carry 4.1% more passengers. SIA Cargo capacity increased 14.5% and the amount of freight carried increased by 17.7%.

More information at the Dow Jones / Yahoo website, Reuters / Yahoo website and the Singapore SGX.



Anyone can fly, only the best Soar.
1 replies: All unread, jump to last
 
User currently offlineBA777 From United Kingdom, joined Jun 2001, 2167 posts, RR: 7
Reply 1, posted (11 years 10 months 1 week 10 hours ago) and read 1716 times:

Wow,

Looks like things may be looking up a bit  Big thumbs up

BA777


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