18-Aug-2008 11:45 AM
SIA’s load factor falls for seventh consecutive month
Analysis
Singapore Airlines (SIA) has suffered year-on-year load factor reductions in every month of 2008, the latest a 1.1 percentage point fall in Jul-08. Capacity growth in 2008 has been strong for SIA, with a further 8.2% year-on-year expansion in Jul-08. While this is great news for Changi Airport, airline yields could be suffering, as demand growth fails to keep up with aggressive capacity expansion.
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