As passenger numbers remain constrained due to Covid-19 border restrictions, SIA’s cargo division continued to post high load factors, reaching 88.7 percent in December. This is the seventh consecutive month, SIA Cargo noted, that it recorded cargo load factors in excess of 80 percent and December’s level of 88.7 percent was 29.6 percentage points higher year-on-year, as cargo cargo traffic (measured in freight tonne-kilometres) declined 25.5 percent on the back of a capacity contraction of … [Read more...] about Singapore Airlines finds hope in reopening and vaccines
Cargo load factors
Cargo load factors down in May y-o-y
Cargo load factors fell further in May compared to April to an overall 44.3 per cent from 45.1 per cent a year earlier, with Asia Pacific registering the highest load factors at 53.3 per cent, followed by Europe (44.6 per cent), Middle East (43.2 per cent), Latin America (36.7 per cent) and North America (35.3 per cent). Although there was only a small increase in capacity (0.7 per cent) over the month, there was a sizeable fall in volumes, which pushed load factors down further. Air freight … [Read more...] about Cargo load factors down in May y-o-y
