The Singapore Airlines Group (SIA) saw a 9.7 per cent decline in cargo traffic (measured in freight tonne-kilometres) to 536.9 million FTKs in September, year-on-year.
This decline outpaced the capacity contraction of 1.2 per cent for a cargo load factor (CLF) decline of 5.6 percentage points to 59.5 per cent. All route regions registered declines in CLF, SIA says.
Total freight carried in September was 103,000 tonnes, down 7.4 per cent year-on-year.
The carrier saw a better situation on its passenger side with the Group’s passenger carriage (measured in revenue passenger-kilometres) growing 8.7 per cent compared to last year, outpacing capacity (measured in available seat-kilometres) growth of 7.1 per cent. Passenger load factor (PLF) rose by 1.2 percentage points to 84.8 per cent