NOVEMBER 2010 OPERATING RESULTS

LOS ANGELES, December 15, 2010 – The operating results for November 2010 are given in the table below.
In November 2010, Singapore Airlines’ capacity (measured in available seat kilometers) grew 4.9% year-on-year against a 1.1% increase in system wide passenger carriage (measured in revenue passenger kilometers). As a result, passenger load factor (PLF) declined by 3.0 percentage points to 78.9%. The number of passengers carried increased by 0.1% to 1.4 million. All regions except East Asia registered declines in PLFs over the same month last year.

The increase in capacity over the same period last year followed the injection of additional frequencies to several destinations including Manchester (via Munich), Houston (via Moscow), Osaka and Seoul. A new double-daily service to Tokyo-Haneda was launched on October 31, 2010, complementing the current twice daily tranche to Tokyo-Narita. In addition, the all-Business Class service to Los Angeles returned to daily operations from early October 2010.

System wide cargo capacity increased by 3.4% while cargo traffic (measured in freight ton kilometers) improved by 1.4%. Consequently, cargo load factor (CLF) dropped by 1.3 percentage points to 65.1%. East Asia registered a 5.2 percentage point reduction in CLF as cargo traffic did not keep pace with capacity increases while Europe’s CLF declined 1.7 percentage points due to the ongoing economic challenges in Europe. On the other hand, CLF for South West Pacific improved further as demand for freighter services remained strong.