SINGAPORE Airlines Cargo (SIA Cargo) has posted a 3.8 per cent drop in air freight load factor in January to 58.1 per cent while volume actually rose .05 per cent to 106,300 tonnes year on year.
That was because cargo traffic (as measured in freight tonne kilometres) fell by 6.2 per cent year on year from 584.1 million FTK to 548 million FTK while capacity remained flat against last year's total of 943 million available FTK.
All the regions to which SIA flies cargo saw their respective cargo load factors fall, as demand did not keep pace with capacity.
SIA Cargo offers capacity to more than 130 destinations with the parent airline's passenger fleet of more than 190 aircraft, in addition to seven freighter aircraft.
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That was because cargo traffic (as measured in freight tonne kilometres) fell by 6.2 per cent year on year from 584.1 million FTK to 548 million FTK while capacity remained flat against last year's total of 943 million available FTK.
All the regions to which SIA flies cargo saw their respective cargo load factors fall, as demand did not keep pace with capacity.
SIA Cargo offers capacity to more than 130 destinations with the parent airline's passenger fleet of more than 190 aircraft, in addition to seven freighter aircraft.
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