Singapore Airlines records 97.5% traffic decline in FY2020/21

Singapore Airlines Group reported (28-Jul-2021) passenger traffic for Singapore Airlines declined by 97.5% in FY2020/21, while yield increased 109%. Passenger load factor declined by 68.5pp to 13.4% and passenger carriage and passenger load factor for SilkAir decreased 98.9% and 40.8pp respectively. Scoot reported a 99.2% decrease in passenger carriage and its passenger load factor decreased by 75.8pp to 9.9%. [more - original PR]