Singapore Airlines limits passenger load factor decline in October, but cargo continues to fall

Singapore Airlines (SIA) recorded a 3.0% year-on-year growth in systemwide passenger carriage (measured in revenue passenger kilometres) in October, while capacity (measured in available seat kilometres) grew by 4.1%. As a result, the passenger load factor (PLF) declined by 0.8 percentage point to 77.5% - a narrowing of the year-on-year gap the airline has experienced in recent months.