KUALA LUMPUR: Capital A Bhd’s consolidated airlines continued to post significant performance improvement in Quarter 2 2022, recording a load factor of 84%, akin to its pre-pandemic levels, signalling that air travel revival is well underway.

AirAsia and Capital A announce new name
AirAsia renamed their corporate group “Capital A” earlier this year to better reflect their various business ventures. © AirAsia

In a statement reported by BERNAMA, Capital A, formerly known as AirAsia Group Bhd, said its consolidated airlines carried over 5.6 million passengers in Q2, a 633% increase year-on-year (YoY) and a quarter-on-quarter (QoQ) increase of 48%.

“The consolidated airlines flew more than 35,000 flights in the quarter, up 483% YoY compared to the same period last year, supported by the growing domestic demand and the resumption of international travel in ASEAN countries.”

Correspondingly, available seat kilometres (ASK) rose by 456% YoY, and revenue passenger kilometres (RPK) increased by 582% YoY

Significant Increase

In Q2, the total operating aircraft for AirAsia Malaysia, AirAsia Indonesia and AirAsia Philippines were 45, 12 and eight, respectively.

According to Capital A, AirAsia Malaysia posted a stronger load factor of 84% in Q2 2022, up by 20 percentage points (ppts) YoY and 10 ppts QoQ.

AirAsia Malaysia passengers carrier and capacity increased significantly by 1,276% YoY and 955% YoY to 3.8 million and 4.6 million, respectively, with more operating aircraft added to support the huge surge in demand for both domestic and international flights.

Stronger Load Factor

“Load factor for international flights achieved 81% with 31 additional destinations reinstated and the highest number of international passengers carried post-pandemic, attributed mainly from the Malaysia-Singapore routes, followed by Malaysia-Indonesia and Malaysia-India routes.”

AirAsia Indonesia recorded a load factor of 77% in Q2, an increase of 10 percentage points y-o-y, while domestic flights achieved a healthy load factor of 73%.

The load factor for international flights was stronger at 86%, the statement added.

AirAsia Philippines plane loading
AirAsia Philippines announced the highest load factor among the group’s airlines at 93%, a 15 per cent increase YoY. © AirAsia

AirAsia Philippines posted the highest load factor among the group’s airlines at 93%, which grew by 15 percentage points YoY. The number of passengers carried increased by 480% YoY, and capacity expanded by 388% YoY.

AirAsia Thailand carried over 1.7 million passengers, up 133% YoY with a load factor of 75% YoY for the period under review, rising 14 percentage points compared to the previous corresponding period.

The airline added flight frequencies and routes to meet rising demand, resulting in an 87% increase in flights flown, to a total of 12,326 flights, with 25 operating aircraft during the quarter.

“More international flights were reinstated during the quarter, operating 19 routes to eight countries by the end of Q2,” the statement said.

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