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BRIEF-Singapore Airlines Expects Group Passenger Capacity To Be Around 26% Of Pre-COVID Level By May

Published 03/15/2021, 05:25 PM
Updated 03/15/2021, 05:30 PM
SIAL
-

March 15 (Reuters) - Singapore Airlines Ltd SIAL.SI :
* FEB SIA CARGO LOAD FACTOR 94.6%
* FEB SIA GROUP PASSENGER CARRIAGE WAS LOWER BY 96.6%
* FEB SINGAPORE AIRLINES PASSENGER CARRIAGE WAS DOWN BY
96.0%,
RESULTING IN A PLF DECLINE OF 57.6 PERCENTAGE POINTS TO 9.8%
* FEB SIA GROUP PASSENGER LOAD FACTOR 9.7%
* IN FEBRUARY DEMAND FOR INTERNATIONAL PASSENGER AIR TRAVEL
CONTINUED TO BE SEVERELY DAMPENED.
* SEES IN COMING MONTHS A CALIBRATED EXPANSION OF PASSENGER
NETWORK FOR GROUP
* BASED ON CURRENT SCHEDULES, GROUP'S PASSENGER CAPACITY IS
EXPECTED TO BE AROUND 26% OF PRE-COVID LEVELS BY MAY 2021
* WILL RE-INSTATE SCHEDULED PASSENGER SERVICES TO
TOKYO-HANEDA IN
MARCH
* SILKAIR WILL RE-INTRODUCE SERVICES TO CEBU IN MARCH
* SUPPORTS CAUTIOUS OPTIMISM FOR A MEASURED RECOVERY IN
DEMAND FOR
AIR TRAVEL IN SECOND HALF OF 2021
* TO OFFER PARALLEL SERVICES TO TAIPEI ALONGSIDE SCOOT FROM
APRIL.

Source text https:// company coverage: SIAL.SI

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