AirAsia X registers better operating performance in Q4


KUALA LUMPUR: AirAsia X Bhd's operating performance improved on year with a 12% increase in the number of passengers carried to 1.55 million. 

Announcing its preliminary operating statics, the carrier said the improvement came in tandem with a 8% growth in available seat per kilometres (ASK) to 9.15 billion and a two percentage points increase in passenger load factor to 83%.

"During the quarter, AirAsia X Malaysia added frequencies to five routes in total, namely to Xi’an, Sapporo, Incheon, Busan, and Taipei, encouraged by year-end peak season demand. 

"Additionally, the Company added Jeju to the network in December, which is also the latest unique route for the Company. The fleet size for AirAsia X Malaysia remains at 22 A330s as at end of December," it said.

For the full year, the carrier carried 5.84 million passengers, a 25% increase over the previous year.  Its load factor was up thee percentage points to 82% while ASK rose 19% to 35.05 million.

Associate company AirAsia X Thailand reported a 13 percentage point increase in passenger load factor to 91% as it recovered from the impact to the tourism sector following the passing of King Bumibol Aduljadej and the government crackdown on zero-dollar tours from China.

The Thai carrier also reported a 27% increase in passengers to 445,137 compared to the previous corresponding quarter.

Indonesian operations, however, was hampered by volcanic activity in Bali in the fourth quarter. AirAsia X Indonesia carried 113.792 passengers in the quarter while passeger load factor stood at 69%.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Malaysia-Japan trade set to rise this year - Tengku Zafrul
Global trading platform Webull expands to Malaysia
Maybank 1Q earnings up 9.8% on higher core fees
MPI set for strong show
Investors rush to grab piece of US$1.8 trillion UK pensions pie
Starwood’s US$10bil REIT turns to survival mode as pain lingers
Damned if you do, damned if you don’t
US stock changes affect Asia forex trades
Consistency in a sea of change
Impact of AI on jobs

Others Also Read