Singapore Airlines Reports ‘Robust’ Passenger Demand — Will the Momentum Continue?

The Singapore Airlines Group (SIA) is starting the new calendar year on a strong note. SIA said Monday that passenger traffic across its airlines rose 8.6% in January versus a year earlier.

Notably, the figure tracks well ahead of a 5.5% increase in capacity. This is good news for the company, as it means its planes are busier, despite operating more flights overall.

SIA credited the Lunar New Year holiday season as a partial driver for “robust travel demand.”

The multi-day celebration falls on different dates each year, based on the start of the new moon cycle. This is typically between January 21 and February 20 using the Western calendar. In 2025, the New Year was on January 29, compared to February 10 in 2024. This brought much more of the travel surge i