Singapore Airlines' August passenger traffic up 6.5 pct year-on-year

SINGAPORE, Sept. 17 (Xinhua) -- The Singapore Airlines, one of the top carriers in the world, carried 1.5 million passengers in August, up 6.5 percent year-on-year, the company said on Monday.

Its passenger load factor increased by 1.7 percentage points from the same month last year to 78.3 percent in August this year.

Passenger load factors improved across most regions, due to strong summer demand and earlier holiday travel for the Hari Raya holiday, the company said. However, passenger load factors for the East Asia and South West Pacific route regions declined as growth in demand was outstripped by increases in capacity.

The company said it expected promotional activities to keep placing downward pressure on passenger yields.

The overall cargo traffic slumped by 4.3 percent year-on-year, while cargo capacity declined by 1.6 percent. Cargo traffic in East Asia was flat, and could not keep pace with the increase in capacity arising from cargo capacity on passenger flights.

Sourced: Xinhuanet