Capital A’s passenger capacity surges 187% to 7.8 million

KUALA LUMPUR: Capital A Bhd’s (formerly AirAsia Group Bhd) consolidated airlines carried over 7.8 million passengers in the fourth quarter of 2022 (4Q22), an increase of 187% year-on-year (YoY).

The group, in a statement, said this is on the back of 9.1 million seat capacity injected during the quarter leading to a consistent quarter-on-quarter (QoQ) 86% load factor.

Capital A said in 4Q22, the school holidays, festive seasons, and general election peak periods led to the consolidated airlines achieving almost 50,000 flights, up by 171% YoY.

The consolidated airlines operated 84 aircraft, an additional 16 operating aircraft from the preceding quarter.

“Correspondingly, available-seat-kilometres (ASK) grew by 258% YoY to about 10 billion, approaching 53% of pre-Covid ASK in the same period, while revenue passenger kilometers (RPK) reached 54% of 4Q19 level,” it said.

“For FY22, the consolidated airlines saw an increase in the number of passengers to 24.2 million, up by 404% YoY, exceeding the jump in capacity of 345% YoY,” Capital A said, adding that this resulted in 84% load factor, one percentage point (ppt) away from achieving pre-Covid load factor.

Seats sold for international flights continued to surge by 3536% YoY as international borders reopened alongside the loosening of travel restrictions regionally, while seats sold for domestic flights were up by 290% YoY.

Its ASK and RPK rose by 410% and 488% YoY respectively, in tandem with the increase in capacity and passengers carried.

For AirAsia Malaysia, Capital A said it recorded a load factor of 87% in 4Q22, a one ppt improvement from the preceding quarter and five ppts from 4Q19.

Compared to 4Q21, 38 additional international destinations were resumed in the same period this year, contributing to a surge in seats sold for international flights by 6424% YoY and 26% QoQ.

In total, AirAsia Malaysia flew to 17 domestic destinations and 48 international destinations in 4Q22.

For the full year of 2022, AirAsia Malaysia successfully achieved a pre-Covid load factor of 84% while carrying 48% of FY19 passengers at 16.8 million.

Capital A said AirAsia Indonesia posted a lower load factor of 78% in 4Q2022, down by 3 ppts YoY and 4 ppts QoQ owing to a notable 43% YoY capacity increase in the market.

For FY2022, AirAsia Indonesia flew 3.25 million passengers with close to 23,000 flights on 16 operational aircraft.

AirAsia Philippines recorded a healthy load factor of 87% in 4Q22 up by 2 ppts YoY and down by 2 ppt QoQ, yet still higher than the 4Q2019 load factor of 85%.

For FY22, AirAsia Philippines flew 4.2 million passengers, equivalent to 49% of pre-Covid passengers carried, resulting in a load factor of 89%, the highest among all air operator certificates (AOCs).

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Capital A , AirAsia


Next In Business News

Favourable time for Vietnamese rice enterprises
Alphabet seeks dismissal of online lawsuit
Beijing takes climate fight to the rooftops
Inflation in UK shops hits record high with more pain ahead
Experts call for institutional reforms
Fearing credit crunch, hedge funds flee petroleum
Binance hit with charges for breaking rules
Tech is collecting loans it helped create
Ensuring adequate protection for gig workers
Icon secures OSV contract from Hibiscus

Others Also Read