Capital A's aviation segment records 90% load factor, 15.4 mln passenger volume in 1Q

KUALA LUMPUR: Capital A Bhd today said the AirAsia Aviation Group (AAG), comprising AirAsia Malaysia, AirAsia Thailand, AirAsia Indonesia, and AirAsia Philippines, delivered improved performance across key metrics, with a system-wide record quarterly load factor of 90 per cent in the first quarter of 2024 (1Q 2024), reflecting one percentage point (ppt) improvement year-on-year (y-o-y).

In a statement today, it said the robust performance aligned with AirAsia's strategic focus on expanding capacity and rebuilding its network.