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Capital A records 84% load factor in second quarter

Capital A records 84% load factor in second quarter

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In a statement yesterday, Capital A, formerly known as AirAsia Group Bhd, said its consolidated airlines carried over 5.6 million passengers in 2Q, a 633% increase year-on-year (y-o-y) and a quarter-on-quarter (q-o-q) increase of 48%, Bernama reported.

KUALA LUMPUR: Capital A Bhd’s consolidated airlines recorded a load factor of 84% in the second quarter of 2022, akin to its pre-pandemic levels.

In a statement yesterday, Capital A, formerly known as AirAsia Group Bhd, said its consolidated airlines carried over 5.6 million passengers in 2Q, a 633% increase year-on-year (y-o-y) and a quarter-on-quarter (q-o-q) increase of 48%, Bernama reported.

“The consolidated airlines flew more than 35,000 flights in the quarter, up 483% y-o-y compared to the same period last year, supported by the growing domestic demand and the resumption of international travel in Asean countries,” the carrier said regarding its second quarter operating statistics for its aviation, digital and logistics businesses.

Correspondingly, available seat kilometres rose by 456% y-o-y and revenue passenger kilometres increased by 582% y-o-y.

In the second quarter, the total operating aircraft for AirAsia Malaysia, AirAsia Indonesia and AirAsia Philippines were 45, 12 and eight, respectively. AirAsia Malaysia recorded a stronger 84% load factor in the second quarter, up by 20 percentage points y-o-y and 10 percentage points q-o-q, the statement said.

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Passengers carried and capacity increased significantly by 1,276% y-o-y and 955% y-o-y to 3.8 million and 4.6 million, respectively, with more operating aircraft added to support the huge surge in demand for both domestic and international flights.

Load factor for international flights achieved 81% with 31 additional destinations reinstated and the highest number of international passengers carried post-pandemic, attributed mainly from the Malaysia-Singapore routes, followed by Malaysia-Indonesia and Malaysia-India routes.AirAsia Indonesia recorded a load factor of 77% in the second quarter, an increase of 10 percentage points y-o-y, while domestic flights achieved a healthy load factor of 73%. In addition, the load factor for international flights was stronger at 86%.

“AirAsia Philippines posted the highest load factor among the group’s airlines at 93%, which grew by 15 percentage points y-o-y. In the second quarte, the number of passengers carried increased by 480% y-o-y and capacity expanded 388% y-o-y,” it added.

Meanwhile, AirAsia Thailand carried over 1.7 million passengers, up 133% y-o-y with a load factor of 75% y-o-y for the period under review, rising 14 percentage points compared to the prior corresponding period.

“The airline added flight frequencies and routes to meet rising demand, resulting in an 87% increase in flights flown, to a total of 12,326 flights, with 25 operating aircraft during the quarter.

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