AirAsia load factor at 90% in 3Q


KUALA LUMPUR: AirAsia has kept a high load factor of 89% in the third quarter of 2024 (3Q24) despite it being a seasonally slower quarter, according to Capital A Bhd.

“Third quarter passenger traffic increased by 8% year-on-year (y-o-y) to nearly 16 million on the back of similar growth in seat capacity,” it said in a statement yesterday.

Despite closing down one hangar at the Kuala Lumpur International Airport, Asia Digital Engineering’s (ADE) capacity expanded from seven lines to 12 during the quarter. This followed the launch of the first six lines of its newly constructed 14-line maintenance, repair and operations hangar in August.

ADE completed 13 base maintenance checks, a slight decline compared with the prior year, although the line maintenance checks completed in the quarter surpassed 3,000 – a 17% y-o-y increase driven by the operational launch of ADE in the Philippines and Indonesia.

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