SIA Group publishes January results 

BTN News
Wednesday, 17 February 2021
Demand for air travel continued to remain depressed in January 2021 due to ongoing world-wide border controls and travel restrictions. 
Some governments further tightened measures in response to new waves of infections and in an attempt to curb the spread of new variants of the Covid-19 virus.
 
Year-on-year, the SIA Group’s passenger capacity (measured in available seat-kilometres) for January contracted by 79.6 per cent. 
Overall passenger carriage (measured in revenue passenger-kilometres or RPKs) was lower by 97.3 per cent, resulting in a Group passenger load factor (PLF) of 11.3per cent, a decline of 73.2 percentage points year-on-year.
 
Singapore Airlines’ capacity was 75.8 per cent lower compared to last year. Passenger carriage was down by 96.7 per cent, resulting in a PLF of 11.5 per cent. 
 
During the month, SIA reinstated Dubai, Moscow, and Munich services and temporarily suspended Surabaya and Taipei flights. 
Flights to the United States of America saw an increase in frequencies.
 
SilkAir's passenger carriage dropped 98.4 per cent year-on-year, against a 96.0 per cent cut in capacity. This led to a 47.5 percentage point decline in PLF to 32.1 per cent. SilkAir continued to operate flights to Chongqing, Kathmandu, Kuala Lumpur, Male, Medan, and Phnom Penh, while Cebu was temporarily suspended from the network.
 
Scoot’s passenger carriage reduced 99.0 per cent year-on-year against a contraction in capacity of 88.3 per cent, resulting in a 79.8 percentage point decline in PLF to 7.7 per cent with the temporary suspension of services to Manila and Perth. Operations to South Asia and Europe remained suspended.