Singapore Airlines 2016 Annual Report Download - page 7

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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)
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 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 cargo and mail revenue)
Scoot
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
Revenue per revenue seat-km = Passenger revenue from scheduled services divided by revenue passenger-km
Cost per available seat-km = Operating expenditure divided by available seat-km
Breakeven load factor = Cost per available seat-km expressed as a percentage of revenue per revenue
seat-km. This is the theoretical load factor at which passenger revenue equates
to the operating expenditure
Tiger Airways
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
Revenue per revenue seat-km = Passenger revenue from scheduled services divided by revenue passenger-km
Cost per available seat-km = Operating expenditure divided by available seat-km
Breakeven load factor = Cost per available seat-km expressed as a percentage of revenue per revenue
seat-km. This is the theoretical load factor at which passenger revenue equates
to the operating expenditure
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)
Group Airlines (Passenger)
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
GLOSSARY
Operating Statistics
2015/16 2014/15 % Change
Singapore Airlines
Passengers carried (thousand) 19,029 18,737 + 1.6
Revenue passenger-km (million) 94,267.4 94,209.2 + 0.1
Available seat-km (million) 118,366.5 120,000.8 - 1.4
Passenger load factor (%) 79.6 78.5 + 1.1 points
Passenger yield (cents/pkm) 10.6 11.2 - 5.4
Passenger unit cost (cents/ask) 8.5 8.9 - 4.5
Passenger breakeven load factor (%) 80.2 79.5 + 0.7 points
SilkAir
Passengers carried (thousand) 3,836 3,553 + 8.0
Revenue passenger-km (million) 6,516.2 5,864.9 + 11.1
Available seat-km (million) 9,117.8 8,355.2 + 9.1
Passenger load factor (%) 71.5 70.2 + 1.3 points
Passenger yield (cents/pkm) 13.5 13.9 - 2.9
Passenger unit cost (cents/ask) 9.0 9.7 - 7.2
Passenger breakeven load factor (%) 66.7 69.8 - 3.1 points
Scoot
Passengers carried (thousand) 2,412 1,878 + 28.4
Revenue passenger-km (million) 8,673.9 6,718.7 + 29.1
Available seat-km (million) 10,267.4 8,170.6 + 25.7
Passenger load factor (%) 84.5 82.2 + 2.3 points
Revenue per revenue seat-km (cents/pkm) 5.6 5.6 –
Cost per available seat-km (cents/ask) 4.7 5.8 - 19.0
Breakeven load factor (%) 83.9 103.6 - 19.7 points
Tiger Airways
Passengers carried (thousand) 5,128 5,140 - 0.2
Revenue passenger-km (million) 9,551.1 9,696.3 - 1.5
Available seat-km (million) 11,465.4 11,812.4 - 2.9
Passenger load factor (%) 83.3 82.1 + 1.2 points
Revenue per revenue seat-km (cents/pkm) 7.0 6.8 + 2.9
Cost per available seat-km (cents/ask) 5.8 6.0 - 3.3
Breakeven load factor (%) 82.9 88.2 - 5.3 points
SIA Cargo
Cargo and mail carried (million kg) 1,170.1 1,124.0 + 4.1
Cargo load (million tonne-km) 6,510.9 6,347.2 + 2.6
Gross capacity (million tonne-km) 10,513.3 10,024.9 + 4.9
Cargo load factor (%) 61.9 63.3 - 1.4 points
Cargo yield (cents/ltk) 29.0 32.8 - 11.6
Cargo unit cost (cents/ctk) 18.9 21.4 - 11.7
Cargo breakeven load factor (%) 65.2 65.2 –
Group Airlines (Passenger)
Passengers carried (thousand) 30,405 29,308 + 3.7
Revenue passenger-km (million) 119,008.6 116,489.1 + 2.2
Available seat-km (million) 149,217.1 148,339.0 + 0.6
Passenger load factor (%) 79.8 78.5 + 1.3 points
Employee Productivity (Average) – The Company
Average number of employees 13,983 14,040 - 0.4
Seat capacity per employee (seat-km) 8,465,029 8,547,066 - 1.0
Passenger load per employee (tonne-km) R1 626,572 625,516 + 0.2
Revenue per employee ($) 835,736 884,501 - 5.5
Value added per employee ($) 261,861 242,970 + 7.8
Employee Productivity (Average) – The Group
Average number of employees 24,350 23,963 + 1.6
Revenue per employee ($) 625,400 649,564 - 3.7
Value added per employee ($) 206,986 183,483 + 12.8
R1 Passenger load includes excess baggage carried.
Annual Report FY2015/16 5