The group&rsquo s passenger load factor decreased 1.3 percentage points (ppts) y-o-y to reach 87.7%. 

 

SIA and Scoot posted monthly passenger load factors of 86.3% and 93.1%, respectively. The airlines carried a combined total of 3.3 million passengers during the month, up 20.7% y-o-y.

 

Cargo loads rose by 15.6% y-o-y, which was higher than the capacity expansion of 6.0%, on the back of of increased inventory flows by shippers as well as charters for various entertainment events. As a result, cargo load factor came in at a monthly high of 60.0% for FY2023/24 in March, 4.9ppts higher than a year before.

 

As at end-March, the group&rsquo s passenger network covered 118 destinations in 35 countries and territories. SIA served 73 destinations, while Scoot served 67 destinations. The cargo network comprised 123 destinations in 37 countries and territories.