Singapore Airlines' (SGX:C6L) group passenger capacity increased 9.7% year on year in September, while passenger traffic grew 7.7%, resulting in a 1.6 percentage point decline in the group's passenger load factor to 86.1%, according to a Tuesday filing on the Singapore Exchange.
The group, which includes Singapore Airlines and Scoot, carried 3.1 million passengers during the month, up 7.9% from a year earlier. Singapore Airlines reported a load factor of 85.7%, and Scoot posted 87.3%.
Cargo operations saw a 12% rise in load, driven by demand for new mobile product launches, surpassing the 10.4% growth in capacity. The cargo load factor stood at 58%, up 0.9 percentage points.
In September, Scoot added new routes to Subang, Malaysia, and Kertajati, Indonesia, expanding the group's presence in Southeast Asia.
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