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Tuesday, January 12, 2016

Tigerair suffers 1.4% decline in traffic in December, traffic slips 3.6% in 2015

Tigerair reported a 1.4% decline in traffic to 877 million revenue passenger-kilometres (RPK) and a 1.4% fall in capacity to 1 million available seat-kilometres (ASK) in December.

For the whole of last year, traffic dropped 3.6% to 9.5 billion RPK from a year ago, while capacity fell 5.3% to 11.5 billion ASK.

The number of passengers carried for the year fell 3.6% to 5.1 million, though the numbers recovered slightly by 0.4% y-o-y to 470,000 in December.

Passenger load factor increased by 0.1 percentage point to 86.2% in December, and was up 1.4 percentage points to 82.4% for the year.

Tigerair closed 1.1% higher at 45.5 cents.

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