Singapore Airlines 2016 Annual Report Download - page 55

R5 Each area of original sale comprises countries within a region from which the sale is made.
Revenue
The Company’s revenue declined 5.9 per cent to $11,686 million as follows:
2015/16
$ million
2014/15
$ million
Change
$ million %
Passenger revenue 7,893.4 8,155.7 – 262.3 – 3.2
Bellyhold revenue from SIA Cargo 999.4 1,120.6 – 121.2 – 10.8
Others 2,793.3 3,142.1 – 348.8 – 11.1
Total operating revenue 11,686.1 12,418.4 – 732.3 – 5.9
The Company’s passenger revenue decreased in 2015/16, as a result of:
$ million $ million
0.1% increase in passenger traffic: + 5.0
3.4% decrease in passenger yield (excluding fuel surcharge):
Lower local currency yields – 296.1
Foreign exchange – 79.1
Change in passenger mix + 107.9 – 267.3
Decrease in passenger revenue – 262.3
The sensitivity of passenger revenue to a one percentage point change in passenger load factor and a one percentage
change in passenger yield is as follows:
$ million
1.0% point change in passenger load factor, if yield and seat capacity remain constant 99.2
1.0% change in passenger yield, if passenger traffic remains constant 78.9
A breakdown of passenger revenue by route region and area of original sale is shown below:
By Route Region ($ million) By Area of Original SaleR5 ($ million)
2015/16 2014/15 % Change 2015/16 2014/15 % Change
East Asia 2,734.3 2,701.3 + 1.2 4,507.4 4,509.6 –
Americas 1,260.7 1,346.6 – 6.4 553.4 580.9 – 4.7
Europe 1,792.6 1,916.2 – 6.5 1,242.7 1,375.7 – 9.7
South West Pacific 1,388.5 1,488.4 – 6.7 1,172.4 1,304.9 – 10.2
West Asia and Africa 717.3 703.2 + 2.0 417.5 384.6 + 8.6
Systemwide 7,893.4 8,155.7 – 3.2 7,893.4 8,155.7 – 3.2
Annual Report FY2015/16 53