SIA Closes The Gap With Qantas

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Nigelinoz

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From http://www.travelweekly.com.au/dirplus/images/travelweekly/TravelTodayPDF/4_02_2009.pdf

Singapore Airlines has edged closer to Qantas as the airlines’ market share of international passenger traffic continued to head in opposite directions..
While the Australian flag carrier retains top spot by some margin, the narrowing of the
gap underlines the ongoing pressure being applied by overseas carriers.
Government figures for November show Singapore’s share increased from 11.2 per cent
in November 2007 to 11.9 per cent while Qantas’ share dipped from 26.1 per cent to 24.3. Jetstar
also saw its share fall, from 6.2 to 6.0 per cent.

The figures, from the Bureau of Transport and Regional Economics, also showed an
overall fall in scheduled traffic of 0.9 per cent to 1.88 million, only the second monthly decrease
since March 2006.
Capacity on the other hand climbed 5.7 per cent to 2.6 million, resulting in a load factor
of 72.4 per cent, a decline of five percentage points against November 2007.
Other carriers also made headway in the battle for market share.
Air New Zealand’s share climbed from 9.3 to 9.4 per cent despite ceasing its Melbourne-Auckland-San francisco flights during the month

Emirates share increased marginally from 6.9 per cent to 7 per cent with Cathay Pacific
, which added eight services per week into Australia capturing 5.9 per cent of the market,
market, up from 5.3 per cent.

 
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Whilst personally I feel concern at Qantas losing market share, it does not look as though SIA will be challenging Qantas for market leadership quite yet!

11.9% is a fair way behind 24.3%! :rolleyes:
 
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