Singapore Airlines 2010 Annual Report Download - page 5

ANNUAL REPORT 2009/10
003
2009-10 2008-09 % Change
Singapore Airlines
Passengers carried (thousand) 16,480 18,293 - 9.9
Revenue passenger-km (million) 82,882.5 90,128.1 - 8.0
Available seat-km (million) 105,673.7 117,788.7 - 10.3
Passenger load factor (%) 78.4 76.5 + 1.9 points
Passenger yield (cents/pkm) 10.4 12.5 - 16.8
Passenger unit cost (cents/ask) 8.6 9.2 - 6.5
Passenger breakeven load factor (%) 82.7 73.6 + 9.1 points
SIA Cargo
Cargo and mail carried (million kg) 1,122.4 1,219.5 - 8.0
Cargo load (million tonne-km) 6,659.1 7,299.3 - 8.8
Gross capacity (million tonne-km) 10,510.1 12,292.5 - 14.5
Cargo load factor (%) 63.4 59.4 + 4.0 points
Cargo yield (cents/ltk) 32.0 38.2 - 16.2
Cargo unit cost (cents/ctk) 21.9 24.9 - 12.0
Cargo breakeven load factor (%) 68.4 65.2 + 3.2 points
Singapore Airlines and SIA Cargo
Overall load (million tonne-km) 14,508.4 15,876.9 - 8.6
Overall capacity (million tonne-km) 20,962.1 23,946.0 - 12.5
Overall load factor (%) 69.2 66.3 + 2.9 points
Overall yield (cents/ltk) 74.7 88.6 - 15.7
Overall unit cost (cents/ctk) 53.8 57.7 - 6.8
Overall breakeven load factor (%) 72.0 65.1 + 6.9 points
Employee Productivity (Average) - The Company
Average number of employees 13,934 14,343 - 2.9
Seat capacity per employee (seat-km) 7,583,874 8,212,278 - 7.7
Passenger load per employee (tonne-km) R1 563,318 598,047 - 5.8
Revenue per employee ($) 728,075 909,817 - 20.0
Value added per employee ($) 219,678 294,666 - 25.4
Employee Productivity (Average) - The Group
Average number of employees 33,222 31,834 + 4.4
Revenue per employee ($) 472,918 502,491 - 5.9
Value added per employee ($) 159,151 174,995 - 9.1
R1 Passenger load includes excess baggage carried.
GLOSSARY
Singapore Airlines
Revenue passenger-km = Number of passengers carried x distance flown (in km)
Available seat-km = Number of available seats x distance flown (in km)
Passenger load factor = Revenue passenger-km expressed as a percentage of available seat-km
Passenger yield = Passenger revenue from scheduled services divided by revenue passenger-km
Passenger unit cost = Operating expenditure (less bellyhold revenue from SIA Cargo) divided by available seat-km
Passenger breakeven load factor = Passenger unit cost expressed as a percentage of passenger yield. This is the theoretical load factor at which passenger revenue
equates to the operating expenditure (less bellyhold revenue from SIA Cargo)
SIA Cargo
Cargo load = Cargo and mail load carried (in tonnes) x distance flown (in km)
Gross capacity = Cargo capacity production (in tonnes) x distance flown (in km)
Cargo load factor = Cargo and mail load (in tonne-km) expressed as a percentage of gross capacity (in tonne-km)
Cargo yield = Cargo and mail revenue from scheduled services divided by cargo load (in tonne-km)
Cargo unit cost = Operating expenditure (including bellyhold expenditure to Singapore Airlines) divided by gross capacity (in tonne-km)
Cargo breakeven load factor = Cargo unit cost expressed as a percentage of cargo yield. This is the theoretical load factor at which cargo revenue equates to
the operating expenditure (including bellyhold expenditure to Singapore Airlines)
Singapore Airlines and SIA Cargo
Overall load = Total load carried (in tonnes) x distance flown (in km)
Overall capacity = Total capacity production (in tonnes) x distance flown (in km)
Overall load factor = Overall load (in tonne-km) expressed as a percentage of overall capacity (in tonne-km)
Operating Statistics