OCTOBER 2021 OPERATING RESULTS

The operating results for October 2021 are given in the table below.

How SIA Group performed in

October 2021

FULL-SERVICE CARRIER - PASSENGER

2021

2020

Change

(SINGAPORE AIRLINES)

Capacity (M seat-km)

4,544.5

1,372.3

n.m.

Passenger-km (M)

1,003.7

217.1

n.m.

Passengers carried ('000)

165.5

40.7

n.m.

Passenger load factor (%)

22.1

15.8

6.3 pts

Load Factor by Route Region (%)

East Asia

15.9

14.4

1.5 pts

Americas

26.1

12.3

13.8 pts

Europe

30.3

15.0

15.3 pts

South West Pacific

9.5

20.4

-10.9 pts

West Asia and Africa

25.9

19.7

6.2 pts

LOW-COST CARRIER - PASSENGER

(SCOOT)

Capacity (M seat-km)

798.1

138.3

n.m.

Passenger-km (M)

61.1

22.2

n.m.

Passengers carried ('000)

24.2

8.3

n.m.

Passenger load factor (%)

7.7

16.1

-8.4 pts

Load Factor by Route Region (%)

East Asia

14.3

19.5

-5.2 pts

West Asia

3.9

-

n.m.

Rest of World

3.3

7.1

-3.8 pts

GROUP AIRLINES (PASSENGER)

Capacity (M seat-km)

5,342.6

1,510.6

n.m.

Passenger-km (M)

1,064.8

239.3

n.m.

Passengers carried ('000)

189.7

49.0

n.m.

Passenger load factor (%)

19.9

15.8

4.1 pts

SINGAPORE AIRLINES - CARGO

Capacity (M tonne-km)

602.7

388.8

55.0 %

Freight tonne-km (M)

525.4

332.4

58.1 %

Freight carried (M kg)

94.0

60.2

56.1 %

Cargo load factor* (%)

87.2

85.5

1.7 pts

Load Factor by Route Region (%)

East Asia

94.9

94.3

0.6 pts

Americas

91.2

73.0

18.2 pts

Europe

86.2

91.9

-5.7 pts

South West Pacific

70.1

72.7

-2.6 pts

West Asia and Africa

109.4

113.2

-3.8 pts

Note: The operating statistics for full-service carrier reflects the integration of SilkAir into Singapore Airlines. Prior year comparatives have been adjusted on the same basis

  • Cargo capacity for passenger aircraft is based on the payload that is typically set aside for cargo carriage. However, when a passenger aircraft operates with low passenger loads or on a pure cargo mission, the cargo carried could be in excess of such capacity.

Singapore Company Registration No.: 197200078R

Page 1 of 2

OCTOBER 2021 OPERATING RESULTS

In October 2021, the Singapore Airlines (SIA) Group expanded its Vaccinated Travel Lane (VTL) network to include Denmark, France, Italy, the Netherlands, Spain, the United Kingdom and the United States of America, in addition to Brunei and Germany. This enabled a meaningful resumption of travel between Singapore and these countries, and consequently led to an increase in passenger carriage on these routes.

During the month, the SIA Group's passenger capacity (measured in available seat- kilometres) grew 6.0% month-on-month, reaching 34% of pre-Covid-19 levels. Passenger traffic (revenue passenger-kilometres) grew 13.9% compared to the previous month.

Group passenger load factor (PLF) for October 2021 increased 4.1 percentage points year- on-year to 19.9%. On a month-on-month basis, the PLF improved by 1.4 percentage points contributed by stronger demand to Europe and the Americas due to the VTLs.

Cargo operations registered a monthly cargo load factor (CLF) of 87.2%, up 1.7 percentage points year-on-year as loads (freight tonne-kilometres) rose by 58.1% on the back of a 55.0% capacity (capacity tonne-kilometres) expansion. The East Asia and Americas route regions recorded year-on-year increases in CLF during the month.

At the end of October 2021, the SIA Group's passenger network covered 66 destinations including Singapore. The Singapore Airlines full-service network served 521 destinations, while Scoot, SIA's low-cost carrier subsidiary, served 261 destinations as at end of October. During the month, Scoot re-launched flights to Phuket and resumed operations to the West Asia with the commencement of services to Jeddah.

NETWORK UPDATE

Scoot will launch a new long-haul route to London's Gatwick Airport (via Bangkok), with three-time weekly services commencing in March 2022, subject to regulatory approval. To cater to the year-end peak, Scoot will also operate some seasonal flights to Gatwick from 16 to 28 December 2021. London will be Scoot's third destination in Europe, after Athens in Greece and Berlin in Germany.

On the VTL front, the Group's VTL network will also include Australia, South Korea and Switzerland by November 2021. Canada will be added to the network when the seasonal Singapore-Seattle-Vancouver services commence from 2 December 2021. In addition, the Group is finalising flight schedules between Kuala Lumpur and Singapore. With these inclusions, the SIA Group's VTL network will consist of 21 cities from 14 countries.

1 Number of destinations include Singapore

Singapore Company Registration No.: 197200078R

Page 2 of 2

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Singapore Airlines Ltd. published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 09:59:07 UTC.