SilkAir revenue boosted by increased pax traffic in 2Q2016

SilkAir stated (28-Jul-2016) increased revenue in 1QFY2017 was boosted by a 12.4% year-on-year increase in passenger carriage, partially offset by an 8.2% reduction in passenger yield. Capacity increased 12.3% but expenditure decreased 3.6%, largely due to lower fuel costs. [more - original PR]