SIA Group reported a 5.2% year-on-year increase in passenger numbers for May 2026, carrying 3.61 million passengers, though figures remained below March and April peaks [1, 2]. Passenger traffic, measured in revenue passenger-kilometers, rose 4.9% to 13.5 billion for the month [1, 2].
The group's overall passenger load factor fell 0.4 percentage points to 86.0% compared to the previous May [1, 2]. Singapore Airlines (SIA) itself recorded a 3.4% rise in passenger numbers to 2.36 million and posted a load factor of 84.6%, while low-cost arm Scoot saw an 8.9% passenger increase to 1.25 million with a load factor of 91.2% [1, 2].
Cargo volumes rose 3.2% year-on-year in May, accompanied by a 0.9 percentage point increase in cargo load factor to 58.1% [1, 2]. The group’s network spans 35 countries and serves 135 destinations for passengers, along with 36 countries and 138 destinations for cargo [1].
While capacity constraints persist at Middle East hubs, conditions have eased relative to previous months, allowing some spillover passenger and cargo traffic to benefit SIA Group’s operations [1, 2].
Following the release of the May operating results on June 15, 2026, SIA Group’s share price rose 2.43% to SGD 7.17 [1, 2]. The group continues to monitor regional hub capacity and market demand as it prepares for upcoming quarters.
