Singapore Airlines pax numbers up 10% in Nov-2012, pax yields to continue to come under pressure

Singapore Airlines reports (17-Dec-2012) the following traffic highlights for Nov-2012:

• Passenger numbers: 1.5 million, +9.7% year-on-year;
• Passenger load factor: 77.7%, +2.5 ppts;
  • East Asia: 80.4%, +1.6 ppts;
  • Americas: 79.2%, +6.1 ppts;
  • Europe: 73.3%, +2.0 ppts;
  • South West Pacific: 79.9%, -0.6 ppt;
  • West Asia and Africa: 74.7%, +4.7 ppts;
• Capacity (ASKs): +5.6%. [more - original PR]

Singapore Airlines: "PLF improved for all regions except South West Pacific where growth in demand lagged the increase in capacity. The Americas region led the growth as demand was boosted by promotional activities. Passenger yields are likely to continue to come under pressure as a result of the challenging operating environment and promotional activities." Source: Company statement, 17-Dec-2012.