Singapore Airlines 2014 Annual Report Download - page 5

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 = Cargo unit cost expressed as a percentage of cargo yield. This is the
load factor theoretical load factor at which cargo revenue equates to the operating
expenditure (including bellyhold expenditure to Singapore Airlines)
Singapore Airlines, SilkAir 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
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 = Passenger unit cost expressed as a percentage of passenger yield.
load factor This is the theoretical load factor at which passenger revenue equates
to the operating expenditure (less bellyhold revenue from SIA Cargo)
SilkAir
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 cargo and mail revenue) divided by
available seat-km
Passenger breakeven = Passenger unit cost expressed as a percentage of passenger yield.
load factor This is the theoretical load factor at which passenger revenue equates
to the operating expenditure (less cargo and mail revenue)
2013/14 2012/13 % Change
Singapore Airlines
Passengers carried (thousand) 18,628 18,210 + 2.3
Revenue passenger-km (million) 95,064.3 93,765.6 + 1.4
Available seat-km (million) 120,502.8 118,264.4 + 1.9
Passenger load factor (%) 78.9 79.3 - 0.4 point
Passenger yield (cents/pkm) 11.1 11.4 - 2.6
Passenger unit cost (cents/ask) 9.1 9.2 - 1.1
Passenger breakeven load factor (%) 82.0 80.7 + 1.3 points
SilkAir
Passengers carried (thousand) 3,411 3,295 + 3.5
Revenue passenger-km (million) 5,516.1 5,223.1 + 5.6
Available seat-km (million) 7,926.9 7,096.3 + 11.7
Passenger load factor (%) 69.6 73.6 - 4.0 points
Passenger yield (cents/pkm) 13.7 14.1 - 2.8
Passenger unit cost (cents/ask) 9.8 9.9 - 1.0
Passenger breakeven load factor (%) 71.5 70.2 + 1.3 points
SIA Cargo
Cargo and mail carried (million kg) 1,117.8 1,144.6 - 2.3
Cargo load (million tonne-km) 6,419.3 6,763.6 - 5.1
Gross capacity (million tonne-km) 10,273.6 10,661.0 - 3.6
Cargo load factor (%) 62.5 63.4 - 0.9 point
Cargo yield (cents/ltk) 32.7 33.4 - 2.1
Cargo unit cost (cents/ctk) 21.9 23.2 - 5.6
Cargo breakeven load factor (%) 67.0 69.5 - 2.5 points
Singapore Airlines, SilkAir and SIA Cargo
Overall load (million tonne-km) 15,778.1 16,047.3 - 1.7
Overall capacity (million tonne-km) 22,889.7 23,188.4 - 1.3
Overall load factor (%) 68.9 69.2 - 0.3 point
Overall yield (cents/ltk) 84.9 85.3 - 0.5
Overall unit cost (cents/ctk) 60.8 60.4 + 0.7
Overall breakeven load factor (%) 71.6 70.8 + 0.8 point
Employee Productivity (Average) - The Company
Average number of employees 14,240 14,156 + 0.6
Seat capacity per employee (seat-km) 8,462,275 8,354,366 + 1.3
Passenger load per employee (tonne-km) R1 625,995 619,969 + 1.0
Revenue per employee ($) 876,383 875,035 + 0.2
Value added per employee ($) 242,184 159,593 + 51.8
Employee Productivity (Average) - The Group
Average number of employees 23,716 23,189 + 2.3
Revenue per employee ($) 642,769 651,093 - 1.3
Value added per employee ($) 184,268 194,040 - 5.0
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ANNUAL REPORT FY2013/14