Shares of Singapore Airlines fell by as much as 1.6% on Thursday trading after it announced it filled less space available on its aircraft for passengers and cargo in November. SIA’s load factor in November was 70.1%, lower than the 71.1% in October, and November 2009′s 72.3%. The number have caused analysts to state the airline is under increasing pressure from competition. Shares were trading at S$15.24 on a volume of 1.8 million shares.

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