Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

Singapore Airlines Load Factor Up 5% Year On Year

Mon Jun 17, 2002 7:57 pm

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.
Posts: 2048
Joined: Fri Jun 29, 2001 11:40 pm

RE: Singapore Airlines Load Factor Up 5% Year On Year

Tue Jun 18, 2002 1:57 am


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