Star in the Sky
08-16

$SIA(C6L.SI)$  

July PLF :SIA Group’s passenger traffic grew by 3.6% from a year before, while passenger capacity increased by 8.7%.

Group carried 3.2 million passengers in total during the month (+6.7% year-on-year).

The PLF came in at 85.6%, with SIA 84.7% Scoot 88.9% .

SIA experienced lower load factors for East Asia route region notwithstanding robust growth in passenger traffic, due to the substantial capacity expansion in North Asia.

Cargo loads +18.5% y-y supported by robust e-commerce demand, some demand spillover resulting from disruptions to sea freight, and port congestion. This outpaced the capacity expansion of 8.2%. Consequently, cargo load factor came in at 57.4% (+5.0% y-y)

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Comments

  • 琉璃思索
    08-16
    琉璃思索
    With all these positive and passengers lifting theories, what's the financial conversion for investor or only benefits CEO pay package and bonuses
  • happyli
    08-16
    happyli
    Nice growth in passenger traffic and cargo loads! Impressive PLF numbers. [Great]
  • Sonsonkok
    08-16
    Sonsonkok

    Great article, would you like to share it?

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