Singapore Airlines sees further improvement in load factors in May-2010

Singapore Airlines achieved a 12.3% year-on-year increase in systemwide passenger traffic (RPKs) in May-2010, which handsomely outpaced the 0.5% increase in capacity (ASKs), leading to a 7.9 ppts surge in passenger load factor to 74.8% from a weak base last year. SIA stated, "general improvement in the economic environment continued to contribute to the improvement in both passenger and cargo load factors across most regions".