Capital A Berhad announced its Fourth Quarter result with the consolidated airlines carried over 7.8 million passengers in 4Q2022, an increase of 187% YoY, on the back of 9.1 million seat capacity injected during the quarter leading to a QoQ 86% load factor.
In 4Q2022, the school holidays, festive seasons, and general election peak periods led AirAsia achieving almost 50,000 flights, up by 171% YoY. Across all airlines, it was operated by 84 aircraft, with an additional 16 operating aircraft from the preceding quarter. Correspondingly, Available-Seat-Kilometres (“ASK”) grew by 258% YoY to about 10 billion, approaching 53% of pre-Covid ASK in the same period, while Revenue Passenger Kilometres (“RPK”) reached 54% of 4Q2019 level.
As for the full 2022 the airlines saw an increase in the number of passengers to 24.2 million, up by 404% YoY, exceeding the jump in capacity of 345% YoY. This resulted in 84% load factor, 1 percentage point (“ppt”) away from achieving pre-Covid load factor. Seats sold for international flights continued to surge by 3536% YoY as international borders reopened alongside the loosening of travel restrictions regionally, while seats sold for domestic flights were up by 290% YoY. ASK and RPK rose by 410% and 488% YoY respectively, in tandem with the increase in capacity and passengers carried.
Meanwhile, airasia Super App recorded 12 million Monthly Active Users (“MAU”) as of Dec 2022, a significant improvement of 41% YoY. In 4Q2022, the number of transactions reached 11.6 million bringing the overall transactions for the year to 31 million, up by 386% YoY.
Capital A’s logistics venture, Teleport delivered yet another strong performance in 4Q2022 having moved 31,158 tonnes of cargo, up by 26% from 4Q2021 and 17% QoQ, both on the back of the ongoing recovery of AirAsia’s international passenger network in 2H2022. E-commerce delivery volume recorded 3.2 million parcels in 4Q2022, a 433% increase compared with 4Q2021 and up 16% QoQ.