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01-16

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Singapore Airlines Posts 15.8% Higher Passenger Traffic for December 2023

Singapore Airlines (SIA) posted a 15.8 percent increase in passenger traffic in December 2023 during the year-end peak travel season.The airline’s revenue passenger kilometres, which indicates the num

Singapore Airlines Posts 15.8% Higher Passenger Traffic for December 2023

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(Passenger load factor is expressed as a percentage of available seat-km.)SIA’s December 2023 PLF was 88.7 percent, 0.4 percentage points lower than 89.1 percent in the previous year. Scoot’s December 2023 PLF was 91.7 percent, a 10-percentage-point increase from 91.6 percent in the year before.Both airlines carried a combined 3.3 million passengers during the month, up 24.4 percent from a year prior.Cargo carriage grew 4.3 percent year on year on the back of stronger e-commerce demand. However, increased passenger services have resulted in higher bellyhold capacity, resulting in a cargo load factor of 52.6 percent in December 2023, 1.7 percentage points lower than the previous year.SIA’s passenger network covers 121 destinations in 35 countries and territories as at Dec 31, 2023. 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