Tuesday, July 31, 2018

The AirAsia Group showed strong load factors, as the group rapidly increased its fleet size and capacity.

The LCC group—including the core Malaysian operation and affiliates in Indonesia and the Philippines—carried 10.9 million passengers in the 2Q, up 13% year-over-year (YOY), with the flagship Air Asia Malaysia carrying 7.9 million passengers.

The group, which has not yet released 2Q financial results, said its total fleet grew by 18 aircraft, with 11 going to AirAsia Malaysia. The result is a capacity increase of 17% to 12.7 million seats. The group’s load factor was reasonably good at 86%, although sliding 3 points YOY.

AirAsia India also carried nearly twice as many passengers, flying 1.8 million in Q2 2018, an 82% improvement YOY. Similar to AirAsia Philippines, this is also because of a growth in fleet size by eight to 18 Airbus A320s, increasing capacity 87%. The airline also introduced six new routes in India, with four flying out from its secondary hub in Kolkata. The India subsidiary, will have 21 A320s by year-end.
31/07/18 Chen Chuanren/ATW