In March 2016, Singapore Airlines’ systemwide passenger load factor (PLF) improved 1.2 percentage points to 77.8%. Passenger carriage (measured in revenue passenger kilometers) remained flat year-on-year, against a 1.5% reduction in capacity (measured in available seat kilometers).

PLF improved across all route regions except Americas and South West Pacific, with the latter experiencing marginally lower load factors. The competitive landscape continues to be challenging and promotional activities will continue in relevant markets.

SilkAir’s systemwide passenger carriage grew 13.0% year-on-year, exceeding capacity growth of 7.9% in March 2016. Consequently, PLF increased by 3.2 percentage points to 71.5%. Growth in passenger carriage exceeded capacity growth for both the East Asia and Pacific region and the West Asia region, resulting in a 3.6 percentage-point and 2.4 percentage-point increase in PLF respectively.

In March 2016, Scoot’s systemwide PLF improved by 2.3 percentage points to 86.9%, as growth in passenger carriage exceeded the increase in capacity. As at 31 March 2016, Scoot has ten 787s in its fleet and operates to 18 destinations (including Singapore), five of which were introduced in FY2015-16, including Osaka, Kaohsiung, Hangzhou, Melbourne and Guangzhou.

Tigerair recorded a 5.0 percentage-point increase in PLF in the month of March 2016, as systemwide passenger carriage grew by 3.5%, against a 2.6% reduction in capacity.

Overall cargo load factor (CLF) was 3.8 percentage points lower, as cargo traffic (measured in freight-ton-kilometers) increased 1.1% against overall capacity growth of 7.2%. East Asia, South West Pacific and West Asia and Africa regions showed an improvement in load factor, with demand outpacing capacity changes. Performance for Americas region declined in the month of March 2016 due to the absence of ad-hoc charters that had been mounted in March 2015 as a result of US West Coast sea port congestion.