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AirAsia Group records 87pct load factor in Q1

By Maria Santos
1 min read
Airasia Load
Airasia Load
In this article (5)

AirAsia Group Bhd recorded a load factor of 87 per cent for the first quarter ended March 31, 2018 (Q1 2018), down two percentage points from the same period last year.

In a statement on its operating statistics released on Friday, the budget carrier said its seat capacity rose 19 per cent  year-on-year (y-o-y) during the quarter under review.

“The number of passengers carried increased 16 per cent y-o-y to 10.65 million, in line with the added capacity,” it said.

AirAsia said in Q1 2018, the group’s total fleet size grew to 123 aircraft, comprising 87 in Malaysia, 15 in Indonesia (PT AirAsia Indonesia Tbk) and 21 in the Philippines (Philippines AirAsia Inc).

“Malaysia increased frequencies on 13 routes, namely seven from Kuala Lumpur, five from Kota Kinabalu and one from Johor Bahru,” it said. Indonesia commenced operations of three new routes: two from Medan and one from Padang, while the Philippines commenced operations of four new routes, all originating from the Clark International Airport since establishing the airport as a hub.

The company also reported that Thai AirAsia posted a load factor of 91 per cent in Q1 2018, improving two percentage points from the same quarter in 2017.

As for AirAsia India, the budget airline said its load factor was down by six percentage points y-o-y to 83 per cent for the first three months of the year, while AirAsia Japan achieved a load factor of 79 per cent in Q1 2018, up 15 percentage points quarter-on-quarter.

Questions & Answers

Q.

How did the total number of passengers carried by AirAsia Group change during the first quarter compared to last year?

A.

The number of passengers carried by AirAsia Group increased by 16 per cent year-on-year, reaching 10.65 million. This rise was noted to be in line with the added seat capacity during the quarter.

Q.

What was the load factor performance for AirAsia's operations in Thailand and India during Q1 2018?

A.

Thai AirAsia recorded a 91 per cent load factor, an improvement of two percentage points from the previous year. AirAsia India's load factor, however, dropped by six percentage points year-on-year to 83 per cent.

Q.

How did the group's fleet size change in Q1 2018, and how was it distributed across its different regions?

A.

The group's total fleet size grew to 123 aircraft in Q1 2018. This comprised 87 aircraft in Malaysia, 15 in Indonesia, and 21 in the Philippines, showing growth across these operations.

Q.

Which specific routes or hubs saw increased activity or new operations for AirAsia in Q1 2018?

A.

Malaysia increased frequencies on 13 routes, seven from Kuala Lumpur. Indonesia commenced three new routes from Medan and Padang. The Philippines started four new routes, all from their new Clark International Airport hub.

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