Singapore Airlines pax numbers down 2% to 1.5m in Jan-2015, load factor down 3 ppts to 77%

Singapore Airlines reports (16-Feb-2015) the following traffic highlights in Jan-2015:

• Passenger numbers: 1.5 million, -1.8% year-on-year;
• Passenger load factor: 76.5%, -2.6 ppts;
• • East Asia: 68.4%, -2.8 ppts;
  • Americas: 75.5%, -8.6 ppts;
  • Europe: 78.1%, -3.5 ppts;
  • South West Pacific: 84.9%, +0.1 ppt;
  • West Asia and Africa: 77.4%, +3.6 ppts;
• Capacity (ASKs): -0.5%. [more - original PR]

Singapore Airlines: "Demand was generally weaker due to the shift in the Chinese New Year holidays from January in 2014 to February in 2015. The competitive landscape continues to be competitive and challenging. Singapore Airlines will remain nimble to redeploy capacity to better match market demand and promotional activities will continue in relevant markets," Source: Company statement, 16-Feb-2015.