AirAsia’s regional passenger volume takes off again



[ad_1]

PETALING JAYA: AirAsia Group Bhd It maintained its recovery momentum in the third quarter of 2020 with a nearly tenfold quarter-on-quarter (quarter-on-quarter) increase in its passenger volume for Malaysia, Indonesia and the Philippines.

Its consolidated aircraft operating certificate registered 1.91 million passengers from July to September, representing a load factor of 66% compared to 204,082 passengers in the second quarter from April to June, which was a load factor of 59 %.

However, in a year-on-year (year-on-year) comparison, the number of passengers carried by the low-cost carrier during the quarter was 85% lower, compared to 12.84 million passengers in the same period last year, according to its published preliminary operating statistics. Yesterday.

Of the 1.91 million passengers, AirAsia Malaysia carried 1.77 million, with a load factor of 68%.

It was operating 52% of its domestic capacity in September, compared to 40% in July 2020, as travel demand has been on an upward trajectory since the second quarter with the easing of restrictions on interstate travel.

The group said AirAsia Malaysia was striving to regain up to 60% of its national pre-Covid capacity by the fourth quarter.

AirAsia Indonesia’s 73,905 passengers accounted for just 4% of the quarterly total, but it was already an 18x improvement on quarterly basis.

AirAsia Philippines operated just 5% of last year’s capacity in the third quarter, but passenger numbers more than doubled qoq to 67,880.

Meanwhile, AirAsia Thailand posted a strong rebound, operating 96% of its domestic pre-Covid capacity, up from 59% in July 2020.

It carried 1.86 million passengers during the quarter, with a load factor of 65%. AirAsia India carried 590,873 passengers, which is equivalent to 25% of last year’s passengers in the third quarter.

It operated 36% of its capacity with a load factor of 62%.

AirAsia said the improvements highlighted a strong upward trend in demand for air travel in key markets for the group.



[ad_2]