AirAsia posts strong consolidated load factor in Q4

Improved business: AirAsia says total passengers carried increased 103% to 2.7 million year-on-year in the fourth quarter.

KUALA LUMPUR: AirAsia Group Bhd’s consolidated air operator’s certificate (AOCs) recorded the highest quarterly load factor and capacity at 80% and 3.4 million, respectively, in the fourth quarter of 2021 since the beginning of the Covid-19 pandemic.

The budget carrier said passengers carried increased 103% to 2.7 million year-on-year (y-o-y) in the fourth quarter, which surpassed the capacity increase of 70%, leading to a 13-percentage-point (ppt) improvement in load factor to 80%.