SIA Nov. load factor slips from Oct.

Monday, 19 December 2011 00:00 - - {{hitsCtrl.values.hits}}

Reuters: Singapore Airlines (SIA) filled 67.2 percent of the space available on itsplanes for passengers and cargo in November, lower than 68.9 percent recorded in October, the world’s second largest carrier by market value said last week.

Compared to a year ago, utilisation of its aircraft was also down 2.8 percentage points as increases in capacity exceeded demand on both cargo and passenger business.

SIA’s regional unit SilkAir posted a 2.5 percentage points fall in passenger load factor from a year earlier to 79.0 percent.