Capital A 6 Month Load Factor Reaches 84% Of Pre-Pandemic Level

Capital A Berhad has announced a significant performance improvement, with a notable load factor of 84%, akin to its pre-pandemic levels, signalling that air travel revival is well underway. Midway through the year, the consolidated airlines under the group carried over 5.6 million passengers, a 633% increase year-on-year (“YoY”) and 48% increase quarter-on-quarter. 

AirAsia planes 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. In 2Q2022, total operating aircraft for AirAsia Malaysia, AirAsia Indonesia and AirAsia Philippines were 45, 12 and 8 respectively.

AirAsia Malaysia posted a stronger load factor of 84% in 2Q2022, up by 20 percentage points YoY and 10 ppts QoQ. Passengers carried and capacity increased significantly by 1276% 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. 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 Malaysia-Singapore routes, followed by Malaysia-Indonesia and Malaysia-India routes.

Indonesia and Thailand saw over 100% increase while AirAsia Philipines load factor surged 480% to 994k passangers.

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