$SIA (C6L.SG)$ : Sharing March 2024 Operating Results MARCH ...
$SIA(C6L.SG$ : Sharing March 2024 Operating Results
MARCH 2024 OPERATING RESULTS
In March 2024, the Singapore Airlines (SIA) Group continued to see strong passenger traffic and load factors across all route regions. Group passenger traffic grew by 13.9% from a year ago while capacity increased by 15.5%.
In March 2024, the Singapore Airlines (SIA) Group continued to see strong passenger traffic and load factors across all route regions. Group passenger traffic grew by 13.9% from a year ago while capacity increased by 15.5%.
Group passenger load factor (PLF) came in at 87.7%, with SIA and Scoot posting monthly PLFs of 86.3% and 93.1% respectively. The two airlines carried just under 3.3 million passengers in total during the month, up 20.7% from a year before.
Cargo loads increased by 15.6% year-on-year to their highest monthly level in Financial Year 2023/24 (FY2023/24), on the back of increased inventory flows by shippers as well as charters for various entertainment events. This outpaced the capacity expansion of 6.0% for the same period. Consequently, the cargo load factor came in at a monthly high of 60.0% for FY2023/24, F 4.9 percentage points higher than a year before.
At the end of March 2024, the Group's passenger network¹ covered 118 destinations in 35 countries and territories SIA served 73 destinations, while Scoot served 67 destinations. The cargo network¹ comprised 123 destinations in 37 countries and territories.
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ABCDEFG123456 : Later analyst say not meet expectations, drop some more.
明 MengOP Teck Wang Pang PaPa: I feel the same, too. So far all the Operating Results are progressing very well.
明 MengOP ABCDEFG123456: Ya Lor!
HappyGotLucky : It's not as impressive. I expect that growth to be higher than the increased capacity. But it's still good progress.