Singapore Airlines 2011 Annual Report Download - page 78

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SINGAPORE AIRLINES
076
FINANCIAL REVIEW
Performance of the Subsidiary Companies (continued)
SilkAir (continued)
Yield improved by 6.9 per cent to 147.4 cents/ltk. Unit cost decreased by 3.5 per cent to 84.4 cents/ctk despite
the higher expenditure as capacity grew at a faster pace of 15.7 per cent. Consequently, the breakeven load
factor improved 6.1 percentage points to 57.2 per cent.
Profit after taxation increased 153.2 per cent to $104 million.
SilkAir’s route network spanned 34 cities in 11 Asian countries. During the year, SilkAir launched new services
to Bangalore (India), Chennai (India) and Pekanbaru (Indonesia).
As at 31 March 2011, SilkAir’s equity stood at $609 million (+21.6 per cent).