SilkAir sees strong regional demand
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SilkAir said it expected continued strong passenger demand for its Asian destinations despite high fuel prices and other challenges, AFP reported.
It said chief executive Chin Yau Seng told reporters that SilkAir had slightly lowered its passenger capacity growth forecast for the year because of “a few blips” in demand despite the strong overall sentiment.
“So far we have seen continued strong support to a lot of our regional points,” Chin said, adding the support came from holidaymakers and business travellers.
SilkAir said its operating profit was SG$40 million (US$28.3 million), up 100%.
According to the report, Chin said SilkAir had planned for capacity growth of about 8-10% this financial year but now foresees 5-7%, partly because of the impact of natural disasters in China and Myanmar.
SilkAir flies to Chengdu, the main city in China’s Sichuan province, a tourist destination struck by a massive earthquake in May. The airline also serves Yangon, the capital of Myanmar which was hit by a cyclone.
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