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AirAsia 1Q passengers top 15m

By Minjun Park
1 min read
AirAsia interior
AirAsia interior
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AirAsia Bhd reported a 9% increase in the number of passengers carried at 15.23 million in the first quarter ended March 31, 2017 (1Q17) from 13.94 million a year earlier as the budget airline’s capacity and load factor rose.

In a statement late yesterday, AirAsia said capacity rose 5% to 17.13 million seats from 16.29 million. The number of passengers carried and capacity translated into a higher load factor at 89% versus 86%, according to AirAsia.

“In 1Q17, the group posted load factor of 89%, up three percentage points from the same period last year. The total number of passengers carried increased 9% year-on-year to 15.23 million, well ahead of the 5% increase in seat capacity.

“At the end of the quarter under review, the group’s total fleet size stood at 176 aircraft (180 including two A320 aircraft novated from MAA (Malaysia AirAsia) to Asia Aviation Capital and subsequently leased to a third party airline and two A320 aircraft delivered to AirAsia Japan but yet to commence operations),” AirAsia said.

Questions & Answers

Q.

What was the total increase in passenger numbers for AirAsia during the first quarter?

A.

AirAsia reported a 9% increase in passengers carried, reaching 15.23 million for the first quarter ended March 31, 2017. This was up from 13.94 million passengers a year earlier.

Q.

How did AirAsia's seat capacity change during the first quarter?

A.

The budget airline's seat capacity rose by 5% in the first quarter, increasing to 17.13 million seats. This was an increase from the 16.29 million seats offered in the same period last year.

Q.

What was AirAsia's load factor for the first quarter of 2017?

A.

AirAsia achieved a load factor of 89% in the first quarter of 2017. This represented a three-percentage-point increase compared to the 86% load factor recorded during the same period last year.

Q.

What was the size of AirAsia's fleet at the end of the first quarter?

A.

At the end of the first quarter under review, AirAsia's total fleet size stood at 176 aircraft. This figure includes two A320s leased to a third party and two A320s delivered to AirAsia Japan but not yet operational.

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