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SIA carries over 2 mil passengers for July, a first since pre-Covid

Lim Hui Jie
Lim Hui Jie • 1 min read
SIA carries over 2 mil passengers for July, a first since pre-Covid
Photo Credit: Bloomberg
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Flag carrier Singapore Airlines has reported that it carried more than two million passengers in July, the first time it has reached this level since the Covid-19 pandemic started.

This was 7.5% up compared to June, and a whopping 1,280.7% higher than July 2021’s figure of just over 150,000 passengers.

Its capacity reached 67% of pre-Covid-19 levels during the month, and passenger capacity (measured in available seat-kilometres) in July was 4.9% higher than the month before and 107.8% higher compared to a year ago.

Its passenger load factor (PLF) reached a new pandemic-high of 87.4%, 1.9% higher than June and a far cry from the 16.3% of July 2021. “This is the second highest monthly PLF in the SIA Group’s history,” the airline says.

Separately, cargo operations registered a load factor of 60.5%, or 26.7 percentage points lower year-on-year.

Loads declined by 4% year-on-year, while capacity expanded by 38.3% as the increased passenger services resulted in higher belly hold capacity.

See also: IHH Healthcare’s 3QFY2024 patmi remains flat at RM534 mil

In July, SIA resumed services to Shenzhen, China, and at the end of July, its passenger network covered 99 destinations,with SIA itself serving 73 destinations and budget arm Scoot serving 47 destinations.

Share of SIA closed on Aug 15 at $5.39, down two cents or 0.37% lower than its previous close.

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