Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Singapore Airlines August 2006 Operating Results

19 September 2006


Singapore Airlines August 2006 Operating Results: Passenger Loads Increase to 1.54m
Strong NZ Exports Help Increase Regional Cargo Traffic

In August 2006, Singapore Airlines achieved a 6.9% year-on-year growth in systemwide passenger carriage (in revenue passenger kilometres), which is more than the increase in capacity (measured in available seat kilometres) of 2.4%. This translates to a systemwide passenger load factor (PLF) improvement of 3.3 percentage points to 79.7%. The number of passengers carried rose by 6.6% over the same month last year to 1.54 million.

The year-on-year increase in capacity arose from the injection of additional flights on existing routes to Bangalore, Taipei, Penang, Adelaide, Guangzhou and Hong Kong. In addition, Singapore Airlines introduced new services to Karachi, Lahore, Abu Dhabi and Moscow in February and March this year. On 19 July 2006, Singapore Airlines launched a three-times weekly service to Milan and Barcelona.

PLFs on all route regions showed improvements over the same month last year. PLF for South West Pacific region had the highest growth of 6.4 percentage points, mainly as a result of increased demand, in particular the Melbourne and Brisbane services.

Overall cargo traffic (measured in freight tonne-km) kept pace with systemwide capacity growth resulting in a comparable cargo load factor (CLF) of 61.5% to the same period last year. Systemwide CLF withstood challenging market conditions in East Asia region. While Europe region's demand improved, it lagged behind capacity injection to the region. Cargo demand in Americas and West Asia & Africa regions continued to grow but at a slower pace than capacity injection. South West Pacific load factor improved due to stronger exports out of Australia and New Zealand.

--


Singapore Airlines operating results for August 2006

Aug 2006 Aug 2005 Change
SIA (PASSENGER)
Capacity (M seat-km) 9,557.0 9,330.4 2.4 %
Passenger-km (M) 7,618.6 7,126.4 6.9 %
Passengers carried (’000) 1,544 1,448 6.6 %
Passenger load factor (%)
79.7 76.4 3.3 pts
Load Factor by Region (%)
East Asia 75.3 71.5 3.8 pts
Americas 86.4 86.4 -
Europe 86.3 82.2 4.1 pts
South West Pacific 76.6 70.2 6.4 pts
West Asia and Africa 69.8 68.4 1.4 pts

SIA CARGO
Capacity (M tonne-km) 1,049.5 1,034.7 1.4 %
Freight tonne-km (M) 645.3 637.6 1.2 %
Freight carried (M kg) 104.1 101.9 2.2 %
Cargo load factor (%)
61.5 61.6 -0.1 pt
Load Factor by Region (%)
East Asia 57.8 59.8 -2.0 pts
Americas 60.5 61.8 -1.3 pts
Europe 65.3 68.0 -2.7 pts
South West Pacific 64.2 51.9 12.3 pts
West Asia and Africa 59.6 60.7 -1.1 pts

OVERALL (Passenger & Cargo)
Capacity (M tonne-km) 1,993.8 1,956.5 1.9 %
Load carried (M tonne-km) 1,366.4 1,316.6 3.8 %
Overall load factor (%) 68.5 67.3 1.2 pts


ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>

Elsewhere:

Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:

Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>