AirAsia Group Q2 load factor higher at 88%

KUALA LUMPUR: Low-cost carrier AirAsia Group saw its load factor climb three percentage points to 88% in the second quarter ended June 30, 2017, boosted by strong demand for air travel as it expanded its routes and frequencies.

It said on Thursday the total number of passengers carried increased 14% year-on-year to 15.81 million, more than the 11% increase in capacity. 

At the end of the quarter under review, the group’s total fleet size stood at 178 aircraft (180 including two aircraft delivered to AirAsia Japan but yet to commence operation). 

“AirAsia Berhad consolidated (AOCs) chieved a load factor of 89%, up by two percentage points from the same period last year. Strong demand for air travel helped the number of passengers carried increase 10% year-on-year to 9.61 million, more than the 8% increase in capacity,” it said. 

AirAsia Bhd Consolidated AOCs ended the quarter with a fleet size of 106 aircraft, comprised of 77 aircraft registered in Malaysia (AirAsia Bhd), 14 in Indonesia (PT Indonesia AirAsia) and 15 in the Philippines (Philippines AirAsia Inc). 

Thai AirAsia (TAA) reported a load factor of 86%, up by three percentage points year-on-year. The number of passengers carried during the quarter was 4.69 million, an increase of 13% year-on-year, which was higher than the 9% growth in seat capacity. 

AirAsia India reported load factor of 90%, up by three percentage points year-on-year. The number of passengers carried increased 89% year-on-year to 1.01 million, more than the 83% increase in capacity. 

* AirAsia Bhd Consolidated refers to AOCs whose financial and operational results are consolidated for financial reporting purposes and these are namely the Malaysian, Indonesian and Philippines AOCs. 
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