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
SIA Cargo
SIA Group posts net loss in first quarter despite cargo picking up slack
Singapore Airlines (SIA) Group posted S$1.12 billion in net loss for Q1 FY2021, reversing the $$111 million net profit in the first quarter of FY2020, an announcement revealed. Revenue also drastically dropped 79.3% to S$851 million from S$4.1 billion over the same period, which was partially offset by cargo activity. SIA said that much of the cargo demand came from urgent movements of personal protective equipment, pharmaceuticals and fresh foods, which boosted the cargo load … [Read more...] about SIA Group posts net loss in first quarter despite cargo picking up slack
Boeing to provide customized solution for Singapore Airlines Cargo
Boeing and Boeing Asia Pacific Aviation Services Pte Ltd, (BAPAS) a joint venture between The Boeing Company and SIA Engineering Company (SIAEC), announced the signing of a contract for customized solutions from the Boeing Global Fleet Care portfolio–Fleet Engineering Services – with Singapore Airlines Cargo Pte. Ltd (SIA Cargo). Through the agreement, BAPAS will provide the Global Fleet Care services requested by SIA Cargo to its entire fleet of 747-400 freighters. “Boeing Global Fleet … [Read more...] about Boeing to provide customized solution for Singapore Airlines Cargo
Singapore Changi Airport goes community route for CEIV Pharma
Changi Airport Group (CAG) announced today that it will be the first airport in Asia to launch a community of cargo partners whom it will support to pursue the attainment of the International Air Transport Association’s (IATA) Center of Excellence for Independent Validators on Pharmaceutical Handling (CEIV Pharma) certification – strengthening Changi’s capabilities to handle pharmaceutical cargo. The move follows the very successful pioneering work of Brussels Airport to undertake the community … [Read more...] about Singapore Changi Airport goes community route for CEIV Pharma
SIA cargo load factors continue to slide in Aug
In August 2015, Singapore Airlines Cargo registered a cargo load factor (CLF) 1.8 percentage points lower than the same period a year earlier as cargo traffic (measured in freight-tonne-kilometres) declined 0.1 per cent to 520,300 FTK against capacity growth of 3.0 per cent. Load factors improved for South West Pacific and West Asia & Africa as demand outpaced capacity change, the carrier said with growth of 2.3 and 0.4 percentage points respectively. Load factors were down in East Asia … [Read more...] about SIA cargo load factors continue to slide in Aug
SIA Cargo sees improving cargo traffic
Singapore Airlines (SIA) Cargo has reported a 5.2 per cent growth in overall cargo load factor (CLF) in February, year-on-year, as cargo traffic (measured in freight-tonne-kilometres) was 17.1 per cent higher against an overall capacity increase of 7.6 per cent. Total freight carried for the month rose 14.7 per cent y-o-y to 84,800 tonnes. Load factor improved on all route regions as the capacity changes were closely matched with demand, SIA said adding that CLF improved for South West … [Read more...] about SIA Cargo sees improving cargo traffic
