FEBRUARY 2023 OPERATING RESULTS

The operating results for February 2023 are given in the table below.

How SIA Group performed in

February 2023

SINGAPORE AIRLINES

Capacity (M seat-km)

Passenger-km (M)

Passengers carried ('000)

Passenger load factor (%)

Load Factor by Route Region (%)East Asia

The Americas

Europe

South West Pacific

West Asia and Africa

SCOOT

Capacity (M seat-km)

Passenger-km (M)

Passengers carried ('000)

Passenger load factor (%)

Load Factor by Route Region (%)East Asia

West Asia

Rest of the World

GROUP AIRLINES (PASSENGER) Capacity (M seat-km) Passenger-km(M)

Passengers carried ('000) Passenger load factor (%)

SINGAPORE AIRLINES - CARGO Capacity (M tonne-km)

Freight tonne-km (M)

Freight carried (M kg)

Cargo load factor (%)

Load Factor by Route Region (%)East Asia

The Americas

Europe

South West Pacific

West Asia and Africa

2023

2022

Change

8,776.5

5,923.9

48.2

%

7,470.4

2,517.7

196.7

%

1,537.6

473.3

224.9

%

85.1

42.5

42.6

pts

83.4

30.6

52.8

pts

79.5

48.8

30.7

pts

85.7

44.3

41.4

pts

92.3

43.9

48.4

pts

84.6

41.7

42.9

pts

2,525.6

1,045.6

141.5

%

2,312.3

207.8

1,012.8

%

848.271.3 1,089.6 %

91.6

19.9

71.7

pts

92.1

21.1

71.0

pts

90.7

22.3

68.4

pts

90.9

18.4

72.5

pts

11,302.1

6,969.5

62.2

%

9,782.7

2,725.5

258.9

%

2,385.8

544.6

338.1

%

86.6

39.1

47.5

pts

709.4

555.6

27.7

%

  1. 383.5 -0.2 %
  1. 67.4 0.1 %

54.069.0 -15.0 pts

50.678.6 -28.0 pts

50.071.6 -21.6 pts

70.5

64.2

6.3 pts

40.764.6 -23.9 pts

56.671.3 -14.7 pts

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

Singapore Company Registration No.: 197200078R

Page 1 of 2

FEBRUARY 2023 OPERATING RESULTS

The Singapore Airlines (SIA) Group passenger traffic and load factors remained robust across all route regions in February 2023. This includes East Asia, where the relaxation of travel restrictions in China has boosted the demand for air travel and supported a recovery in the market.

Group passenger capacity was 10.7% lower in February 2023 compared to the previous month, and was 71% of pre-Covid-191 levels during the month. This was mainly attributable to February being a shorter month, and the cessation of supplementary flights after the year-end peak travel season.

SIA and Scoot carried a total of 2.4 million passengers in February 2023 (-8.8% month- on-month, and more than four times the number of passengers carried in February 2022), while Group passenger load factor (PLF) came in at 86.6% during the month (-0.3 percentage points month-on-month, +47.5 percentage points year-on-year). SIA and Scoot posted monthly PLFs of 85.1% and 91.6% respectively.

Cargo operations registered a load factor of 54.0%, or 15.0 percentage points lower year- on-year. Loads (freight tonne-kilometres) declined marginally by 0.2% year-on-year, while capacity (capacity tonne-kilometres) expanded by 27.7% as increased passenger services resulted in higher bellyhold capacity.

During the month, Scoot resumed services to Qingdao. At the end of February 2023, the Group's passenger network2 covered 113 destinations in 36 countries and territories. SIA served 77 destinations, while Scoot served 59 destinations. The cargo network2 comprised 117 destinations in 38 countries and territories.

  1. Pre-Covid-19refers to January 2020, before the onset of Covid-19 pandemic
  2. Number of destinations, and countries and territories include Singapore

Singapore Company Registration No.: 197200078R

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Singapore Airlines Ltd. published this content on 23 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2023 09:59:07 UTC.