April 2023 was a positive month for the Singapore Airlines (SIA) Group because it continued to see strong revenues, substantial passenger traffic, and high load aspects across all routes in its network.
SIA budget subsidiary Scoot also saw a rise in traffic and cargo aspects in comparison with the identical period last 12 months. The rise in travel demand over the Easter holidays supported this. April also saw increased demand for the airline’s destinations in East Africa, including China, Japan, South Korea, and Taiwan.
Load aspects in April 2023
SIA Group operates scheduled passenger flights on its predominant carrier Singapore Airlines, and low-cost carrier, Scoot. It also has a big cargo capability with SIA Cargo, which saw a negative load factor in comparison with last 12 months.
SIA and Scoot carried 2.7 million passengers in April, an 85.5% year-on-year increase. The group’s passenger load factor increased by 15.6 points from 72.7% to 88.3%. Last month, SIA flew about 1.7 million passengers, while Scoot carried 940,000.
Graph: Easy Flying
Singapore Airlines Cargo had a gross cargo capability of 768.1 million tonne-km, a 16.8% increase from last 12 months. Nonetheless, the cargo load factor decreased by 16 points from 66.7% to 50.7%. This decline is as a consequence of weaker demand in April 2023.
While the cargo load and mail carried during April decreased, the gross capability went up because the rise in passenger operations resulted in a better bellyhold capability.
SIA load aspects per region
From Singapore’s Changi International Airport (SIN), SIA operates flights to over 82 destinations on 115 routes. The operating statistics for the full-service carrier reflect the combination of SilkAir into Singapore Airlines.
In April, SIA’s South West Pacific destinations had the best load factor of 93.2%, a 12.6% increase from last 12 months. For SIA Cargo, the Americas had the best load factor of 55.7%, a 17.6% decrease from last 12 months.
Graph: Easy Flying
Scoot had a load factor of 85.5% in West Asia, 90% in East Asia, and 95.1% in its destinations around the remainder of the world. All these routes saw a better passenger demand in comparison with the identical month last 12 months.
The low-cost carrier resumed services to Haikou, Ningbo, and Xi’an. By May 2023, the group’s passenger network covered 112 destinations in 36 countries. The predominant carrier served 74 destinations, while Scoot served 61. The cargo wing operated flights to 118 destinations in 38 countries.
Available Seat Kilometers
The group’s Available Seat Kilometers (ASKs) and Revenue Passenger Kilometers (RPKs) increased by 36.7% and 66%, respectively. SIA had 9.5 billion ASKs, a 29% increase, while Scoot had 2.8 billion ASKs, a 71.5% increase.
Photo: The Global Guy / Shutterstock
Last month, the SIA Group had 10.8 billion RPKs, a 66% year-on-year increase. The predominant carrier saw a forty five.9% increase in RPKs, while the low-cost subsidiary increased by 202.9%.
SIA Cargo had a load of 389.6 million tonne-km, an 11.2% decline from last 12 months. The cargo and mail carried decreased by 11.2% as well, while the cargo load factor decreased by 16 points from 66.7% to 50.7%. Most carriers have almost fully recovered from the pandemic and are expected to return to profitability this 12 months.
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