Loads rise but yield fears remain

Loads rise but yield fears remain
By admin


Load factors on Singapore Airlines and Cathay Pacific flights climbed sharply last month, fuelled by the Easter holiday, but the carriers again warned that yields remain under strain.

Singapore in particular reported healthy figures in its monthly updates. Revenue passenger kilometres increased almost 12% on the back of less than 3% capacity growth leading to load factors rising 6.3 percentage points to 79.5%. Loads on South West Pacific routes soared 9.6 points to 81.1%.
“However, the operating environment remains challenging amid elevated jet fuel prices,” the carrier said. “With the recent promotional fare activities, passenger yields are likely to come under pressure.”
Cathay echoed the fears despite a 10.6% rise in passenger numbers. Loads climbed 2.5 points to 79.4% after capacity increased 8.2%.
“The big issue at the moment is the accelerating yield decline in both the economy and premium cabins, resulting from a combination of the continuing economic uncertainty and competitive pressure,” general manager revenue management James Tong said.

Email the Travel Weekly team at traveldesk@travelweekly.com.au

Latest News

  • Food & Beverage
  • Hotels

Park Proxi Gibraltar Bowral announces partnership with Lotus Dining Group

Renowned Lotus Dining Group will offer a new dining experience at Southern Highlands property, Park Proxi Gibraltar Bowral, Seibu Prince Hotels & Resorts has announced.  Scheduled to open on 1 September, Lotus will bring its acclaimed Asian cuisine to the Southern Highlands with a hyper-local twist. Diners can expect a blend of favourite Lotus dishes […]

  • Hotels

Nozo Hotel Furano announce winter season exclusive package

Nozo Hotel Furano in Hokkaido has announced a special invitation to Aussie and Kiwi travellers with an exclusive winter package, in anticipation of its first anniversary. The hotel are offering a 30 per cent discount on all rooms and breakfasts for seven-night stays or more. The offer marks the hotel’s milestone celebration and ushers in […]

  • Conferences

Melbourne and Geelong convention centres pave the way for accessibility and inclusion

The operators of Melbourne Convention and Exhibition Centre and the future Nyaal Banyul Geelong Convention and Event Centre have taken a significant step towards inclusivity with the launch of their latest Accessibility Action Plan. Welcoming visitors from diverse backgrounds, Melbourne Convention and Exhibition Trust (MCET) is committed to providing safe spaces to connect and engage. […]

  • Cruise
  • News

AmaWaterways celebrates 22nd anniversary with offers on 2025 trips

As AmaWaterways embarks on its 22nd year, the luxury river cruise line has announced a range of savings offers to make river cruising even more accessible to both new and experienced cruisers. Travellers planning ahead can enjoy savings of up to 20 per cent on a range of European itineraries in 2025. Solo travellers also […]