It’s hardly a surprise, but Singapore Airlines’ (SIA) Operating Results for July 2020 are out, and reflect the ongoing negative impact on global aviation as a result of the COVID-19 pandemic.
The Group’s results – across SIA, SilkAir and Scoot – results show that in July 2020 demand for air travel continued to be severely curtailed as border controls and travel restrictions remained in place around the world. Group passenger capacity (measured in available seat kilometres) was down by 94.3% year-on-year. Overall passenger carriage (measured in revenue passenger-kilometres) was lower by 98.6%, resulting in a Group passenger load factor (“PLF”) of 21.6%, a decline of 64.2 percentage points year-on-year.
SIA’s capacity was 93.1% lower compared to last year’s, with only a skeletal network in operation connecting Singapore to 25 metro cities. Passenger carriage declined 98.2%, resulting in a PLF of 22.5%.
SilkAir’s passenger carriage decreased by 99.6% year-on-year against a 99.3% cut in capacity. PLF was 43.3%. SilkAir only operated flights to Chongqing, Kuala Lumpur and Medan in July 2020.
Scoot’s passenger carriage declined 99.6% year-on-year against a contraction in capacity of 97.1%, which led to a PLF of 12.6%. In July 2020, Scoot increased the number of destinations served to nine (Guangzhou, Hong Kong, Ipoh, Kuching, Nanjing, Penang, Perth, Surabaya and Taipei). Operations to West Asia and Europe remained suspended.
