AirAsia load factor rises to 89pc in Q1
KUALA LUMPUR: AirAsia Bhd’s load factor rose to 89 per cent in the first quarter ended March 31, with total number of passengers carried increasing 13 per cent year-on-year (yoy) to 15.23 million, well ahead of its nine per cent increase in seat capacity.
This was three percentage points higher than the same period last year, said AirAsia in a statement yesterday.
At the end of the quarter, AirAsia said its total fleet size stood at 176 aircraft (180, including two A320 aircraft novated from Malaysia AirAsia (MAA) to Asia Aviation Capital (AAC) and subsequently leased to a third-party airline and two A320 aircraft delivered to AirAsia Japan but yet to commence operations).
MAA achieved a load factor of 90 per cent in the first quarter, up five percentage points yoy.
AirAsia said demand for MAA exceeded the one per cent increase in capacity, with the number of passengers carried rising by six per cent to 6.85 million.
Thai AirAsia posted a load factor of 89 per cent, Indonesia AirAsia at 82 per cent, Philippines AirAsia at 92 per cent and AirAsia India at 89 per cent in the first quarter.
Thai AirAsia carried 4.85 million passenger, up 11 per cent yoy, outstripping nine per cent growth in capacity.
However, Indonesia AirAsia’s number of passengers carried totalled 1.53 million, four per cent lower yoy, seven per cent lower in capacity.
AirAsia India recorded the highest growth in the number of passengers carried to 57 per cent yoy to 0.84 million, with 50 per cent increase in capacity.