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

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news