AirAsia’s regional passenger volume takes off again


consolidated aircraft operating certificate recorded 1.91 million passengers from July to September, representing a load factor of 66% compared with 204,082 passengers for the second quarter from April to June, which was a load factor of 59%.

PETALING JAYA: AirAsia Group Bhd maintained its recovery momentum into the third quarter of 2020 with almost a 10-fold increase quarter-on-quarter (q-o-q) in its passenger volume for Malaysia, Indonesia and the Philippines.

Its consolidated aircraft operating certificate recorded 1.91 million passengers from July to September, representing a load factor of 66% compared with 204,082 passengers for the second quarter from April to June, which was a load factor of 59%.

In a year-on-year (y-o-y) comparison, however, the low-cost airline’s number of passengers carried for the quarter was 85% lower, compared with 12.84 million passengers in the same period last year, according to its preliminary operating statistics released yesterday.

Of the 1.91 million passengers, AirAsia Malaysia carried 1.77 million, with a load factor of 68%.

It operated 52% of its domestic capacity in September, in comparison to 40% in July 2020 as travel demand has been on an upward trajectory since the second quarter with the easing of restrictions on interstate travel.

The group said AirAsia Malaysia was striving to recover to 60% of its pre-Covid domestic capacity by the fourth quarter.

AirAsia Indonesia’s 73,905 passengers were only 4% of the quarterly total but it was already an improvement of 18 times q-o-q.

AirAsia Philippines operated only 5% of last year’s capacity in the third quarter, but passenger numbers more than doubled q-o-q to 67,880.

Meanwhile, AirAsia Thailand posted a strong rebound, operating 96% of its pre-Covid domestic capacity, as compared to 59% in July 2020.

It carried 1.86 million passengers during the quarter, with a load factor of 65%. AirAsia India carried 590,873 passengers, equalling 25% of last year’s passengers in the third quarter.

It operated 36% of its capacity with a 62% load factor.

AirAsia said the improvements highlighted a strong upward rebound trend for air travel demand across key markets for the group.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

AirAsia , passenger , volume ,

   

Did you find this article insightful?

Yes
No

64% readers found this article insightful

Next In Business News

TDM says CEO Zainal Abidin resigned over disagreement with chairman�
Petronas posts RM3.4bil net loss in Q3
Boustead appoints former Telekom boss Shazalli Ramly as new Group MD
Public Bank 3Q net profit higher at RM1.39b
CIMB's 3Q pre-tax profit improves sequentially on higher operating income
Kenanga IB profit up tenfold as brokerage, trading income soar
Palm oil’s stunning rally is set to boost supermarket prices
Alliance Bank posts lower 2Q net profit of RM103.94m on higher reserves
Pandemic and travel curbs hit Datasonic Q2 earnings�
Higher net profit for Hong Leong Bank

Stories You'll Enjoy