Singapore Airlines’ reports passenger decline
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Singapore Airlines’ recorded a 0.4% year-on-year decline in systemwide passenger carriage (measured in revenue passenger kilometres) in June while capacity (measured in available seat kilometres) grew 4.7%. As a result, passenger load factor (PLF) declined 4.0 percentage points to 78.8%. The number of passengers carried registered a marginal decrease of 0.4% to 1.4 million.A new thrice-weekly service to Sao Paulo via Barcelona was introduced by the airline at the start of the Northern Summer 2011 operating season in late March. Capacity to Hong Kong also grew, with the addition of a seventh daily service, in addition to frequency increases to Guangzhou, Taipei and Male. In view of weak demand to Japan, one of two daily services to Tokyo Haneda was suspended.PLFs were generally weaker year-on-year, particularly for the East Asia and Americas regions. East Asia PLF was affected by a drop in demand on Japan routes following the March 2011 earthquake. For Americas routes, the increase in capacity outpaced the growth in passenger demand, leading to softer load factors.SilkAir’s systemwide passenger carriage increased 10.3% year-on-year against a 6.9% increase in capacity. Hence, PLF increased 2.4 percentage points to 79.1%. The number of passengers carried increased 11.9%.
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