SIA Sees Loads Fall, With Transpacific Suffering Most

Singapore Airlines experienced a load factor plunge of 7.8 points in May, which the carrier blamed on the H1N1 flu scare as well as the global economic slowdown. A traffic drop of 22.8% overshadowed Singapore’s 13.9% capacity reduction. As a result, load factor declined to 66.9%. Transpacific loads...

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