$SIA (C6L.SG)$ : FEBRUARY 2024 OPERATING RESULTS : - In Febr...
$SIA(C6L.SG$ : FEBRUARY 2024 OPERATING RESULTS : -
In February 2024 passenger demand was boosted by the Lunar New Year holiday season across much of Asia. As a result, the Singapore Airlines (SIA) Group passenger traffic grew by 20.4% from a year ago, in-line with the capacity increase of 20.7% for the same period.
Group passenger load factor (PLF) came in at 86.3% with SIA and Scoot posting monthly PLFS of 84.5% and 92.6% respectively. The two airlines carried a combined 3.1 million passengers during the month, up 28.2% from a year before.
Cargo carriage increased by 12.9% year-on-year on the back of stronger e-commerce flows. This outpaced the capacity expansion of 7.4% from a year before Consequently, load factors came in at 56.7%, 2.7 percentage points higher.
At the end of February 2024 the Group's passenger networking covered 121 destinations in 35 countries and territories . SIA served 76 destinations while Scoot served 67 destinations. The cargo network comprised 126 destinations in 37 countries and territories.
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