SIA passenger traffic up 2.8% in September; cargo demand jumps on AI, chip shipments
The group carries 3.5 million passengers during the month, while cargo loads rise 9.4% year on year
Singapore Airlines (SIA) reported a 2.8% increase in passenger traffic in September compared to the previous year, with 3.5 million passengers carried. This growth outpaced the 3.1% rise in passenger capacity, resulting in a slight decrease in the load factor to 86.8%. Passenger traffic expanded by 3% and capacity rose by 3.6%. The load factor dropped by 0.5 percentage point to 85.7%.
Passenger traffic grew across most regions, while load factors improved in the Americas and West Asia, with declines in East Asia, Europe, and South West Pacific as capacity grew faster than traffic. In terms of cargo, SIA's loads increased by 9.4% year on year, driven by growth in semiconductor and AI shipments, with a corresponding rise in load factor to 59.6%.
The airline served 136 destinations in 35 countries and territories, with 78 served by SIA and 84 by Scoot.
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